TECHNICAL ROUND UP – NEW EU SHAREHOLDER RIGHTS LAW AGREED
March 1st, 2017
MEPS CHANGE EU SHAREHOLDER RIGHTS LAW
Reforms to the European Union (EU) shareholders' rights directive (2007/36/EC) have been approved by the European Parliament. Key changes, that are expected to be formally approved by the EU Council of Ministers, include that institutional investors and asset managers declare how they invest in a company and work with their executives.
Also, the reforms insist that proxy advisors disclose key information about how they have prepared their recommendations for votes in company meetings. And intermediaries between ...
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