The Swiss Federal Council recently published their “Proposal for an Ordinance against abusive remuneration practices” in response to the successful popular referendum on what has been dubbed the “Minder Initiative”. It is the first formal consultation stage ahead …
Read MoreIR Magazine has been looking at shareholder activism in Europe and quotes Manifest:
A different style of activism?
Historically, there have been obstacles to waging a successful activist campaign in much of Europe. Many markets are opaque, the proxy voting …
If 2008 was the year of crisis and 2009 the year of survival and steadying the ship, 2010 was the year of longer-term policy response. If one word stands out more than any other from the policy debates of last …
Read MoreThe prospect of new regulation at the ownership end of corporate governance mechanisms in Europe is beginning to take shape.
The new Member of the European Commission responsible for Internal Market and Services, Michel Barnier, has recently been making increasingly …
Read MoreNorges Bank Investment Management (NBIM), the investment arm of the Norwegian central bank and asset manager for the Norwegian Government Pension Fund and the Government Petroleum Insurance Fund managing over NOK1,000bn (£107bn) in equity investments, has filed shareholder proposals at …
Read MoreWhilst the future shape of shareholder engagement responsibility is debated in London, Brussels and across continental Europe, the debate in Dublin is a fierce as anywhere.
In what is traditionally a very close-knit investment and business community, the Irish Stock …
Read MoreThe FSA’s letter to the Institutional Shareholders Committee regarding shareholder engagement was initially welcomed by many commentators although concerns were raised in some quarters at the narrow focus of the letter.
In that letter, the FSA stated that they were …
Read MoreSir David Walker’s review of the governance of UK banks, commissioned by Prime Minister Gordon Brown, has published 39 recommendations aimed at improving the governance of banks and other big financial institutions (BOFIs). The aim of the report was to …
Read MoreThe Philippine Stock Exchange (PSE) is urging shareholders to take advantage of the upcoming AGM season to assert their rights and to “not wait until they have been trampled on”.
PSE director and co-chair of the recently established corporate governance …
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