European Commission publishes directive to improve gender balance of listed companies
The European Commission recently proposed a directive with the aim of accelerating progress to greater gender equality in corporate boardrooms. The Proposed Directive will attempt to break the so-called glass ceiling preventing women from attaining the top positions in an estimated 5,000 European companies listed on various stock exchanges.
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In a speech delivered at the College of Europe in Bruges on 14 January 2013, Joaquín Almunia, Vice-President of the European Commission, and Commissioner responsible for Competition, stated that the Commission hopes to settle around half of its outstanding cartel investigations in 2013, using the settlement procedure instituted in July 2008.
On 24 January 2013, the Internal Market and Consumer Protection committee of the European Parliament endorsed a new Regulation setting out customs procedures for goods suspected of infringing intellectual property rights.