## [Spain: CNMV clarifies how to apply parity on boards of directors and in senior management](/en_GB/new/spain-cnmv-clarifies-how-apply-parity-boards-directors-and-senior-management)
# Spain: CNMV clarifies how to apply parity on boards of directors and in senior management
Spain - 10 / 03 / 2025
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**The authority provides practical criteria and reinforces its role in supervising and supporting compliance with the regulations.**
The CNMV has published a [Q&A document](https://www.cnmv.es/docportal/Legislacion/FAQ/QA_LO_Paridad_.pdf) to guide listed companies and other public-interest entities on the proper interpretation of the requirements for balanced representation of women and men on boards of directors and in senior management. The document seeks to clarify questions regarding the application of Article 529 bis of the Spanish Capital Companies Act, particularly with respect to meeting the 40% target for the underrepresented sex, transparency in information disclosure, and the phased entry into force of the rule.
Although it does not have normative status, the document sets out the interpretative criteria that the CNMV considers most appropriate and will be updated with new queries as they arise. It also highlights the CNMV’s role as the competent authority for supervising, promoting, analyzing, and supporting compliance with these obligations, in collaboration with other entities such as the Institute of Women.
[Sustainability](/en_GB/tags/sustainability), [Corporate Governance](/en_GB/tags/corporate-governance)
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