Uk Employment Law Information And Advice

Board Diversity: Episode 3 - The Latest Drivers for Change to Diversity on Boards

Informações:

Sinopsis

We are delighted to bring you the third episode of our mini podcast series on board diversity and how it has progressed over recent years. Teresa L. Johnson, Partner at Arnold & Porter Kaye Scholer LLP in San Francisco, joins Partner Emma Bartlett to discuss the drivers for change to diversity on boards that are currently taking place and the impact these will have. In this episode, Teresa and Emma discuss the following: The impact on board diversity following NASDAQ’s approval of new board diversity regulations and, in the UK, the FCA’s progressive proposals for board diversity for certain financial sector organisations. Both the US and UK follow the ‘comply or explain’ method of implementing the changes. How the FCA changes will lead the way for other industries and regulators in the UK. The proposed changes include: A voluntary target of 40% of the board to be made up of women, including those identifying as women; At least one senior board position should be held by a woman; At least one member of the bo