Read our insights

As the 7 June 2026 deadline for transposing the EU Pay Transparency Directive (EUPTD) into national law approaches, some organisations may consider deferring action until national implementing measures are finalised. The European Commission has, however, dispelled any speculation about possible delays: no extension will be granted, and Member States are expected to meet the deadline. For employers in Luxembourg, the implication is clear - early and proactive preparation is not merely advisable; it is imperative.

The European Central Bank ("ECB"), on July 24th, announced a public consultation on Guide on effective Risk Data Aggregation and Risk Reporting (“RDARR”). The consultation is opened until October 6th and the ECB invites comments from Banks and other stakeholders on effective Risk Data Aggregation and Risk Reporting.