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Europe Daily Bulletin No. 10730

15 November 2012
Contents Publication in full By article 16 / 31
SECTORAL POLICIES / (ae) women
Reding proposes watered down quota for 5,000 firms by 2020

Brussels, 14/11/2012 (Agence Europe) - Commissioner Viviane Reding has brought forward her draft directive to increase the percentage of women on the boards of the major stock-exchange listed companies, which currently stands at 15%, to 40%. This 40% target has, however, been somewhat toned down since, while it is a compulsory target, it is not fully legally binding as the related sanctions will not necessarily be automatic nor will they have to be applied by the member states.

The relieved...

Contents

A LOOK BEHIND THE NEWS
INSTITUTIONAL
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION