A proposed EU requirement that at least 40% of the seats oncorporate boards be filled by women directors has run up againstopposition from Britain and other countries, the New York Timesreports. Nine EU countries have signed a letter to the EuropeanCommission opposing the law, which is supported by EC vice chairmanViviane Reding.

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The letter argues that the issue should be dealt with at thenational level, rather than by the EU.

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See the full story here. For previous coverage, see EU May Set Quota for Women Directors.

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