Guidelines on the data collection exercise regarding high earners

The European Banking Authority (EBA) has updated its Guidelines on the data collection exercise regarding high earners, the previous version, published on 27 July 2012, is repealed. The update implements the changes to the data collection requirements specified in Directive 2013/36/EU (CRD IV). It was necessary to make the changes to reflect the new requirements of the Directive; some additional clarifications have also been made to ensure the high quality of the data collected. The template has been updated to better align with the data collected in the remuneration benchmarking exercise provided by the CRD IV as well. The more granular data will allow a more meaningfulanalysis and increase the transparency of remuneration paid to high earners.