Tuesday 21 January 2014

Canada: OSC consults on new disclosure rules regarding female participation on boards

The Ontario Securities Commission has published for consultation amendments to disclosure rules which will require TSX listed and other non-venture issuers to provide information in respect of their policies regarding the representation of women on the board, the board's or nominating committee's consideration of the representation of women in the director identification and selection process, the issuer's consideration of the representation of women in executive officer positions when making executive officer appointments, targets regarding the representation of women on the board and in executive officer positions, and the number of women on the board and in executive officer positions: see here or here (pdf).

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