Clifford Chance
'Gender quotas' at the starting blocks
13 July 2011
On 28 June 2011 the Chamber of Deputies gave its final approval to the bill of law on equal access to management and supervisory boards of listed companies and of publicly-held unlisted companies.
The law is pending enactment by the President of the Republic and subsequent publication in the Official Journal.
The law will take effect 12 months after its publication in the Official Journal (and therefore no earlier than July 2012 and only following the first renewal of management and supervisory bodies of listed companies following its effectiveness).
Consequently the amendments introduced by the law will not apply to company shareholders’ meetings forecast for spring 2012.
