The Dutch Senate’s act on gender diversity in Dutch company boards (the Act) took effect 1 January 2022. One of the Act’s provisions implements an appointment quota for supervisory boards, or non-executive directors in a one-tier model, of Dutch-listed companies to ensure that men and women each hold at least one-third of the seats on
In 2014, the European Commission adopted rules for audit reform in the EU. A statutory audit certifies the financial statements of companies or public entities. Public-interest entities (PIEs) are listed companies, credit institutions, insurance undertakings, or other undertakings designated by EU countries to be of public importance.