Spanish “loyalty shares” draw central bank criticism
The Bank of Spain has emerged as part of almost unanimous opposition to its government’s proposed introduction of so-called loyalty shares for listed companies.
According to El Pais, in its response to a consultation on a new securities and …
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Greek companies will soon be mandated to meet a 25% female quota on their boards following a landmark decision for gender diversity.
The quota requirement has been included as an amendment to the bill transposing the EU Shareholder Rights Directive …
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Investors ask SEC to intervene on Covid disclosures
A group of investors have called on the Securities and Exchange Commission to force companies to disclose how the Covid-19 pandemic has affected their business operations.
Representatives from 98 asset owners, fund …
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European Commission pushes ahead with SRD II
The European Commission will proceed with the implementation of the second Shareholder Rights Directive (SRD II), defying protests from some post-trade groups.
As a result, the second phase of SRD II will come …
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Investor organisations have hit out at lobbying from custodians, securities lenders and other financial services groups to delay the implementation of the second Shareholder Rights Directive (SRD II).
In a letter to the European Commission, EU consumer group Better Finance…
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Minerva and Ryedale: supporting sustainable investment portfolios
Ryedale, the international portfolio optimization software solution, and Minerva have established a collaboration designed to harness the growth in demand of sustainability-related data in the fund management investment process amongst asset owners, investment …
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The COVID-19 pandemic has placed a renewed emphasis on the ‘social’ aspect of environmental, social and governance (ESG) investing.
Companies that place a high priority on the wellbeing of staff are likely to be those that succeed in the …
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Neuberger Berman commits to advance proxy disclosure
Neuberger Berman has become one of the first major asset managers to commit to advance proxy voting disclosures.
It announced this week that it would publicly state beforehand how it plans to vote …
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