Gender Balance among Non-Executive Directors (EUC Report)

Lord Boswell of Aynho Excerpts

Thursday 10th January 2013 Lords Chamber

Moved By

[Lord Boswell of Aynho]

That this House considers that the amended Commission proposal for a proposal for a Directive of the European Parliament and of the Council on improving the gender balance among non-executive directors of companies listed on stock exchanges and related measures (COM(2012)614, Council Document 16433/12) does not comply with the principle of subsidiarity, for the reasons set out in the 9th Report of the European Union Committee (HL Paper 97); and, in accordance with article 6 of the Protocol on the application of the principles of subsidiarity and proportionality, instructs the Clerk of the Parliaments to forward this reasoned opinion to the Presidents of the European institutions.

Motion agreed.