On 28 September 2021, the act to achieve a more balanced male-female ratio on management and supervisory boards (35 628) was adopted by the Upper House.
To encourage gender diversity, the bill provides for the introduction of a gender quota for the supervisory boards of listed companies and an appropriate and ambitious self-determined target for the supervisory boards, boards of directors and second-tier management of large NVs and BVs. The bill is expected to enter into force on 1 January 2022.
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