Date: 29th April 2020
Author: BETTER FINANCE

The heads of European and Member State organisations representing individual shareholders across Europe sent an Open Letter to the European Commission opposing lobbying attempts by powerful financial intermediaries to postpone the implementation of the Shareholder Rights Directive II.

BETTER FINANCE, Asociata Utilizatorilor Romani de Servicii Financiare (AURSF), Associacao dos Investidores e Analistas Técnicos do Mercado de Capitais (ATM), Boulos Law Office (BLO), Association pour l‘amélioration de la retraite et de l‘épargne (GAIPAR), Dansk Aktionærforening  (DAF), Deutsche Schutzvereinigung für Wertpapierbesitz (DSW), Expert Corporate Governance Service (ECGS), European Federation of Employee Share Ownership (EFES), Fédération des investisseurs individuels et des clubs d'investissement (F2iC), Interessenverband für Anleger (IVA), Malta Association of Small Shareholders (MASS), Osakesäästäjien Keskusliitto ry, Samtök sparifjáreigenda (ISA), Sdružení českých spotřebitelů (SCS), ShareAction, ShareSoc, UK Shareholders Association (UKSA), Vlaamse Federatie van Beleggers (VFB) and Vseslovensko združenje malih delničarjev ( VZMD)  warn about the detriment stemming from a delay on the implementation of the Shareholder Rights Directive II (SRD II).