Over the last couple of days, we’ve been chronicling the increasingly contentious effort by EU justice commissioner Viviane Reding to enact legislation requiring all major listed companies in Europe to have at least 40 per cent of their boards comprised of women.
The UK and Sweden– as well as some free-market oriented Reding counterparts on the European Commission – are not enamoured of the idea, which the Luxembourger is hoping to introduce next month. As we reported in today’s dead-tree edition of the FT, the UK has circulated a letter to other EU countries which would lay out their objections to Reding and her boss, commission president José Manuel Barroso.
As is our practice here at the Brussels Blog, we thought we’d provide some more detail on the leaked documents we’ve been basing our reporting on. First, click here for a copy of the draft legislation that has been making the rounds within the commission. After the jump is the text of the draft UK letter that’s now being circulated on the topic. Read more