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Women directors quota defended by EU

As reported in the Simply-docs blog entry of 6th September 2012, draft legislation drawn up by EU officials includes plans that would enforce a rule on businesses of a certain size, whereby they would have to reserve a minimum of 40% of their non-executive board roles for women by 2020.

The policy has now been officially launched by European Justice Commissioner Viviane Reding, after being postponed following warnings by EU lawyers that quotas might not be enforceable. But the proposals require member states to decide what action to take against companies failing to reach the quota, so there is clearly room for manoeuvre on a national scale.

If your company is considering changing the composition of its board of directors, this useful set of templates can help with all matters involving directors including appointments and removals.

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