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Banca d’Italia’s new guidance: 33% of female representation on BoDs and controlling bodies of unlisted banks

On June 30, 2021 Banca d’Italia resolved on raising from 20% to 33% female presence on the BoDs and controlling bodies of unlisted banks – with an update to the Supervisory provisions for banks contained in its circular letter no. 285/2013. This is to be ensured not later than the first renewal of the entire corporate Body, taking place after January 1, 2022 and in any case by June 30, 2024.

Source: Il Sole 24 Ore

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