News & Analysis as of

Reporting Requirements Regulatory Reform Data Collection

A&O Shearman

FCA publishes consultation on streamlining data collection requirements

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published a consultation paper (CP) proposing the removal of reporting and notification requirements as part of its strategy to prevent unnecessary collection of data to reduce...more

Orrick, Herrington & Sutcliffe LLP

NCUA updates policy on overdraft and NSF fee data collection

On March 3, the NCUA announced changes to its policy on the collection and publication of overdraft and NSF fee income data from credit unions. Previously, the NCUA required federally insured credit unions with assets...more

Troutman Pepper Locke

Section 1071 Final Rule: Data Collection and Reporting

Troutman Pepper Locke on

As recently discussed on our podcast, section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) amended the Equal Credit Opportunity Act (ECOA) to require lenders to collect...more

Morgan Lewis

California Requires Employers to Submit Pay Data Report

Morgan Lewis on

Governor Gavin Newsom signed Senate Bill 973 on September 30, which requires private employers in California to submit an annual Pay Data Report to the Department of Fair Employment and Housing (DFEH), with the first report...more

Neal, Gerber & Eisenberg LLP

EEOC Ends Collection of Component 2 "Pay Data" Reports

The EEOC has officially ended its collection of EEO-1 Component 2 reports, pursuant to a February 10, 2020, Court Order by Judge Tanya S. Chutkan of the U.S. District Court for the District of Columbia. According to the...more

Littler

EEOC Closes EEO-1 “Component 2” Pay Data Collection; Upcoming Filing Requirements Not Yet Clear

Littler on

On February 10, 2020, the U.S. District Court for the District of Columbia approved the Equal Employment Opportunity Commission (EEOC)’s request to deem its retrospective collection of compensation data (the so-called...more

Orrick - Equal Pay Pulse

OFCCP Says “No Thanks” to EEOC’s EEO-1 Pay Data

As you’ll recall from our extensive coverage of the EEO-1 pay data collection saga (which we previously reported on here, here, here, here, here, here, here, here, and here), private employers, including federal contractors,...more

Littler

OFCCP Will Not Request, Accept or Use EEO-1 Component 2 Data

Littler on

The Office of Federal Contract Compliance Programs (OFCCP) has announced that it will not request, accept, or use “Component 2” compensation data submitted on the EEO-1 form....more

McNees Wallace & Nurick LLC

EEOC Will Cease Collecting EEO-1 Component 2 Pay Data

The Equal Employment Opportunity Commission (EEOC) announced on September 11, 2019 that it will not be seeking renewal for collection of EEO-1 Component 2 pay data, which requires employers with 100 or more employees to...more

Burr & Forman

Time is Running Out to File Revised EEO-1 Forms, But Some Good News for the Future

Burr & Forman on

In 2016, the EEOC revised its EEO-1 form that collects pay data from employers with 100 or more employees. The previous version of the EEO-1 form required employers to report the number of employees across ten job categories...more

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