EBA · 2013_4 Archive

Frequency of reporting, submission dates, reference year for information collection

Regulation
Directive 2013/36/EU (CRD)
Article
75, para. 1
Topic
Remuneration
Submitted by
Competent authority
Submitted
2013-07-03
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

This Q&A deals with the currency exchange rates of the information collection foreseen by Article 75 (1) of Directive 2013/36/EU specified by paragraph 5 of the EBA Guidelines on the Remuneration Benchmarking Exercise (EBA/GL/2012/4 of 27 July 2012). What currency is to be used for bonuses paid during the year of submission of the information and are monthly currency exchange rates applicable for the conversion?

Background

Not given

Answer

For this exercise figures as stated by the institution will be reported. A field for the currency was added to the templates. EBA will convert the figures to Euro using the exchange rate applicable at the end of the respective year.

Original source: European Banking Authority, Q&A ID 2013_4

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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