WebNewsflash: New Listing Rule on diversity & inclusion. The FCA has issued its final policy decision (PS22/3) on measures to improve transparency of the diversity of company boards and their executive management following a consultation last year. Overall, broad support was received on the main elements of the proposals, with the exception of ... WebThe Financial Conduct Authority (FCA) has published its policy statement and new rules which require listed companies to make disclosures in relation to gender and ethnic diversity at board and executive management level for financial years beginning on or after 1 April 2024. ... The FCA's targets align with the updated gender diversity targets ...
Corporate Governance snapshot: New rules on diversity-related ...
WebAug 9, 2024 · The ‘comply or explain’ targets proposed by the FCA are for at least 40% of the board to be women; at least one senior board position to be held by a woman; and at least one board member to be from a non-white ethnic minority background. Senior board positions include chair, chief executive officer, chief financial officer and senior ... WebJul 28, 2024 · The debate over corporate board diversity just heated up, with the U.K.’s Financial Conduct Authority (FCA) proposing new transparency rules and targets for companies that list in the country. culinary nutrition associates
FCA Sets Diversity Targets for UK-listed Company Boards
WebOct 12, 2024 · The FCA is pushing for greater transparency regarding the diversity of listed company (issuer) boards and has proposed setting targets for issuers to meet on a 'comply or explain' basis. Targets for gender representation are broadly welcome; in particular, the target for executive board members is of real importance, although this may be different … WebApr 20, 2024 · The FCA has finalised rules requiring listed companies to report information and disclose against targets on the representation of women and ethnic minorities on their boards and executive management, making it easier for investors … WebMay 24, 2024 · The Financial Conduct Authority’s diversity and inclusion listing rules will be “difficult to meet” for the majority of firms, according to international law firm CMS. In its analysis of the ... easter seals goodwill billings mt