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In this video, Lorraine Chéry (Counsel, Employment) and Clara Bourgi (Counsel, Banking & Insurance) explain why diversity is now a regulatory, legal and strategic imperative for listed companies, banks, insurers and funds.
Diversity goes beyond gender: it includes age, race, nationality, education, skills and experience. It helps prevent groupthink, enrich decision-making and foster innovation.
Expectations are rising, with new developments including:
- Binding measures on the gender balance of boards in Luxembourg by 2026
- Stronger EU rules on transparency and equal pay
- Increasing scrutiny from the CSSF and CAA on board suitability and diversity policies
It's time to review your approach, set clear objectives and implement strategies that bring real change.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
