Date: 5th October 2016
Author:

The Commission’s proposal for the review of the Shareholder Rights Directive (SRD), aimed at countering wide-spread short-termism in favour of a long-term perspective in the governance of listed companies by stimulating stronger shareholder engagement, was presented to the European Parliament (EP) and Council.

For all intents and purposes the SRD in its current form means that we are now looking at a Capital Markets Union without a single market for EU-wide shareholder engagement.

Please read the full press release here.