EuroFinUse Position Paper on the EC Action Plan on Company Law and Corporate Governance

We believe that the initiated consultation with a wide range of stakeholders by the Commission with regards to this Action Plan is a major step in this process. In our response we focused on those specific points which in our opinion have not been accounted for: the lack of response to the problems of cross-border shareholder voting; the establishment of an adequate treatment for non-profit proxy voting; shareholder identification; specific proposals supporting the long-term engagement of individual investors and promote longer holdings of shares.

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