The Swedish Government is drafting a law that could lead to fines for listed companies which fail to allot at least 40% of their board seats to women, Industry Minister Mikael Damberg said. If approved, the law will enter the statute books next year, and enforcement begin in 2019, Damberg said. It would allow for fines of between 250,000 and five million kronor (€26,200-€520,000) depending on the size of the company.
Read more: https://www.thejournal.ie/sweden-companies-fined-gender-quotas-2972276-Sep2016/?source=Snapzu
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