Investor group urges SEC to reopen proxy rules comment period
A group of investors is calling on the SEC to reopen the comment period on amendments to shareholder proxy rules after new data was submitted by its Division of Economic …
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EU-wide push expected on corporate long termism
New legislation and heavier enforcement actions could be on their way for EU companies following fresh concerns they are neglecting long-term value creation for shareholders.
Entitled, ‘Study on directors’ duties and sustainable …
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DoL questions purpose of shareholder voting
The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all.
Following …
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China finance forum urges US cooperation
A group of senior Chinese regulatory officials and financial experts is calling on their home nation to co-operate with the US to avoid further escalations of the ongoing trade war.
The China Finance 40 …
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Investors urge DoL to pull ESG proposals
Institutional investors from around the world have urged the US Department of Labor to pull back on its proposed Financial Factors in Selecting Plan Investments Regulation and give them more time to feedback.…
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US business lobbies press for laws on boardroom diversity
A group of US business associations has called on the Senate to ratify legislation on boardroom diversity that was passed by the other chamber last year.
In an open letter to …
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Dalriada Trustees selects Minerva for implementation statements reporting
Dalriada Trustees, one of the UK’s largest independent trustee firms, has selected Minerva Analytics to carry out vital duties for its pension fund clients related to the newly introduced implementation statement.
Dalriada, …
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US investor group urges DOL to rethink ESG law
The US Impact Investing Alliance has urged the Department of Labor to reconsider the introduction of a controversial law governing ESG in investment portfolios, asking them to suspend the rulemaking process until normality returns.
The group has written …
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PLSA launches ESG implementation guide for UK pensions
The Pensions and Lifetime Savings Association (PLSA) has published guidance to help pension trustees navigate new regulatory requirements around the public disclosure of their responsible investment activity.
The association’s Implementation Statement Guidance…
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SEC ignores investor objections to implement new proxy rules
Despite claims from some of the world’s largest investors that moves to impose new proxy voting regulations would increase costs, the US financial regulator has pressed ahead with a series of …
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