Norma de Carácter General N° 386 – Modifica norma de caracter general n 30 de 1989.

South America Current 2015

Issued by the stock exchange supervisory authority (Superintendencia de Valores y Seguros / SVS) of Chile, this amendment requires companies to comply with additional reporting requirements on gender and diversity. It covers diversity on the board (number of members by gender, age, nationality, duration in company), diversity in management (same aspects), diversity in the organization (idem), and wage difference per gender.

Scope

Social

Industry sectors covered by the instrument

All/none specified

Organizations covered by the instrument

All listed companies

Issuer type

Financial Regulators

Type of instrument

Regulation

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

Project Partners