Balgarianovinite.com Parliament will debate on Thursday amendments to the Gender Equality Act introducing a target of at least 33% representation of the underrepresented sex among directors of listed companies. The government-sponsored bill is the first item on the agenda for Thursday’s sitting.
The amendments are intended to transpose EU Directive 2022/2381 on improving the gender balance among directors of listed companies and related measures.
The bill sets a target under which members of the underrepresented sex should hold at least 33% of all executive and non-executive director positions on management and supervisory boards and boards of directors. Listed companies that do not meet the target will be required to adapt their procedures for selecting board members.
The Labour and Social Policy Minister would be designated as the authority responsible for promoting, analysing and monitoring gender balance on the boards of listed companies and providing support in this area.
Parliament is also scheduled to consider at first reading government-sponsored amendments to the Higher Education Act. They would lower the minimum tuition fee for fee-paying students from 60% to 50% of the funding allocated for education in the respective professional field, plus the tuition fee set for state-funded students.
Thursday’s agenda also includes the ratification of an agreement between Bulgaria’s State Agency for National Security (SANS) and the United Nations Office on Drugs and Crime concerning information and communication technology services for the continued use and maintenance of the UN’s goAML application.
MPs to Debate 33% Gender Representation Target for Listed Company Boards 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-08-27 05:42:39
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БЪЛГАРИЯ НОВИНИТЕ – ИНФОРМАЦИОННА АГЕНЦИЯ 2009-2026 2026-08-27 05:42:39