Recital 1

(1)Pursuant to Article 75(1) of Directive 2013/36/EU of the European Parliament and of the Council ³ , competent authorities are required to collect the information disclosed in accordance with the criteria for disclosure established in Article 450(1), points (g), (h), (i) and (k), of Regulation (EU) No 575/2013 of the European Parliament and of the Council ⁴ as well as the information provided by institutions on the gender pay gap, and must use that information to benchmark remuneration trends and practices. The competent authorities should then provide the European Banking Authority (EBA) with that information.