France's Financial Markets Authority has amended its General Regulation and issued Instruction DOC-2026-04 setting how certain listed companies must submit information on compliance with gender balance rules for boards, supervisory boards and management boards. The new framework forms part of France's transposition of the Women on Boards Directive and supports the AMF's role in collecting these disclosures and publishing a list of in-scope companies that meet the Commercial Code requirements. The regime applies to companies listed on a regulated market that, at the listed entity level rather than the group level, have at least 250 permanent employees and either net turnover of at least EUR 50 million or balance sheet total of at least EUR 43 million. Annual filings must cover compliance with the requirement that at least 40% of board or supervisory board members are of the underrepresented sex, or for boards with up to eight members that the gap between sexes does not exceed two, including rules for vacancies and provisional appointments. The calculation now includes directors representing employee shareholders, and the election or designation of employee representatives must also meet parity requirements. Companies must also provide information on management board composition, explain any failure to meet the rules, and describe remedial measures already taken or planned. The same information must be published on the company's website after the annual general meeting. Submissions to the AMF must include the prescribed form, the relevant excerpt from the corporate governance report or separate management report section, and any other relevant document if the composition of the governing bodies changes after the meeting. The filing deadline is 30 days after the ordinary general meeting that considered the corporate governance report. For the first year of application, disclosures on management boards apply from 30 June 2026 and must be sent after the first general meeting held after that date that considers the corporate governance report. More generally, 2026 submissions can be made from 30 June 2026, and companies whose ordinary general meeting had already considered the 2025 corporate governance report by that date must file by 31 July 2026.
France Autorite des marches financiers2026-06-01
France's Financial Markets Authority sets 30 day filing deadline for listed companies' board and management gender balance disclosures
The France Autorité des marchés financiers has amended its General Regulation and issued Instruction DOC-2026-04 to set reporting requirements for certain listed companies on compliance with gender balance rules for boards and management, as part of France’s transposition of the Women on Boards Directive. The regime applies to companies on a regulated market meeting specified employee and financial thresholds and requires annual filings and website disclosure on board composition, compliance with the 40% underrepresented sex requirement (including employee representatives), explanations of any non-compliance and remedial measures, with the AMF collecting submissions and publishing a list of compliant companies.