EU proceedings against Poland. They want an explanation on sex balance

news.5v.pl 5 months ago

The European Commission has stated that Poland has only partially complied with the implementation of the sex Equality Directive in its chief positions in listed companies. As a result, proceedings have started against our country, but besides 16 another EU countries. This is not the only procedure that has been launched towards Warsaw. The EC besides wants clarifications on the Banking Restructuring Directive.

Under the fresh EU law by the end of June 2026, at least 40% of the positions of directors non-executive or 33% of all management positions will be occupied by persons belonging to to under-represented sex. It is on the part of the associate States to implement government that will aid companies accomplish this objective.

Deadline for the implementation of the sex Equality Directive in the executive positions of listed companies the associate States have passed into national law on 28 December 2024. States were so to notify the EC on how they implemented the Directive.

In its communication, the EC announced that Poland with France, Portugal, Bulgaria, Denmark and Ireland only partially fulfilled their obligations. Czech Republic, Estonia, Greece, Cyprus, Latvia, Luxembourg, Hungary, Netherlands, Austria and Romania they have not been active in the implementation of the Directive at all.

European Commission. Proceedings with Poland on the sex Equality Directive

In Poland, provisions implementing the Directive have been prepared Ministry of Justice. The bill on public offering is presently being updated by the Standing Committee of the Council of Ministers. Now Poland, together with another countries to which the EC has initiated the procedure, has two months to make up for the shortcomings and inform the EC.

SEE: The European Commission is responding to Trump's words. "Protection of Interest"

Poland was besides among 17 associate States to which a partial implementation of the Bank Restructuring Directive was initiated on Friday.

The aim is to introduce proportionality in the application of the debt buffer to banks and investment firms to be able to cover losses (so-called minimum own funds and eligible liabilities requirements, called MREL).

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