S.L. 370.47 Art. 8Oversight of remuneration.

(1) The competent authority shall collect the information disclosed publicly by investment firms in relation to Article 51 of the IFR as well as the information provided by investment firms on the gender pay gap and shall use it to benchmark remuneration trends and practices and shall provide this information to the EBA.

(2) The competent authority shall collect information on the number of natural persons per investment firm that are remunerated €1 million or more per financial year, in pay brackets of €1 million, including data on their work responsibilities, the business area involved and the main elements of their salary, including bonuses, long-service awards and pension contributions.

(3) The competent authority can demand investment firms to provide it with the total remuneration figures for each member of the management body or senior management.

(4) The competent authority shall forward the information contained in sub-regulations (2) and (3) to the EBA.