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France

EU

Corporate Governance Code of Listed Corporations adopted by AFEP-MEDEF

Applicable to

Gender

Yes

Minorities

LGBTQ+

Veterans

Key requirements

For companies with securities traded on regulated market, each board should consist of at least 20% women within three years and at least 40% women within six years.

Scope

Companies must “comply or explain” non-compliance in annual reports

Penalties

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