Directive does not apply to micro, small and medium sized equity issuers.
By mid-2026 every equity issuer in EU must have at least 40% female non-executive directors or female representation of executive and non-executive of at least 33%.
Chapter 13 applies to companies with their registered office in Malta and whose shares are admitted to trading on a regulated market in one or more member states.
The aim of the requirements is to achieve a more balanced representation of women and men among the directors of listed companies by establishing effective measures that aim to accelerate progress towards gender balance.
Effectiveness
Chapter 13, Capital Market Rules shall become effective from Dec. 28, 2024;
Impacted issuers required to reach one of the set objectives by Jun. 30, 2026.
