BETTER FINANCE's concerns on the review of Shareholder Rights Directive were echoed in two recent articles by Daniel Hunter in Freshbusinessthinking.com and in InternationalTrade platform.
Speaking at the 15th European Corporate Governance Conference held in Milan, Guillaume Prache, Managing Director at BETTER FINANCE, stressed that many individual shareholders of EU companies will still have to pay high fees to exercise their voting rights across borders within the EU. If the internal market for capital is to carry any meaning at all, cross-border voting by EU citizens within the EU should be cost free, as is the case within Member States.
Our press release and position paper on the review of the Shareholders Right Directive are available here and here.