Reported about 1 year ago
As of July 9, 2024, only 14.2% of 1/3 female directors were achieved in 1837 Taiwanese companies. The Financial Supervisory Commission (FSC) aims to enhance gender diversity in boardrooms, with incentives such as bonus points in corporate governance evaluations. The FSC plans to gradually strengthen relevant measures to increase the number of female directors. Companies failing to meet the 1/3 female director requirement will need to disclose reasons and plans to improve in annual reports. FSC has also mandated all listed companies and 600 million NTD over-the-counter companies to prepare English annual reports from 2023, with penalties for non-compliance.
Source: YAHOO