Archive for July, 2014

Canada: Ontario Securities Commission Proposes Amendments Related to Gender Diversity

The Ontario Securities Commission proposed new amendments related to gender diversity that would require all TSX-listed issuers reporting in Participating Jurisdictions and in Ontario to disclose the representation of women on their boards and in executive officer positions using a “comply or explain” approach.  The amendments are intended to increase ...

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Canada: Government Advisory Council Report

The Government of Canada's Advisory Council issued a report in June 2014, Good for Business:  A Plan to Promote the Participation of More Women on Canadian Boards, highlighting how the public and private sector can increase the representation of women on boards. The report includes an overview of current best ...

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Barclays Launches Index of Companies with Female Leadership

Barclays Bank has launched a new index composed exclusively of only companies with female leadership.  The name of the index is the Barclays Women in Leadership Total Return Index, and consists of solely U.S. companies with either a female CEO or a 25 percent or greater composition of women on ...

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Canada: Proposed Amendments Regarding Disclosure of Corporate Governance Practices (Full Text)

In January 2014, the Ontario Securities Commission published proposed amendments relating to the disclosure of corporate governance practices. In particular, the proposed amendments would require TSX-listed and other non-venture issuers to provide disclosure on the below issues on an annual basis: Director term limits, Policies regarding the representation of women on the ...

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Canada: Widen the Old Boys’ Club on Corporate Boards (Op-Ed)

At the end of June 2014, Status of Women Minister Kellie Leitch unveiled a blueprint to boost the number of women on corporate boards of directors, setting a voluntary target of 30 per cent female board representation within five years.  As it stands, though some areas have seen great progress (Quebec, ...

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