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Proxy firms targeted in Canadian regulatory overhaul

Canada proposes proxy system overhaul

The role of proxy advisory firms and proxy plumbing in Canada could be set for a fundamental overhaul, following the publication of findings by the Capital Markets Modernisation Taskforce (CMMT).

In a wide-ranging remit, the taskforce has made …

FCA pledges to protect shareholders as fundraising requirements are eased

The Financial Conduct Authority (FCA) has stepped in to protect shareholder rights as it introduces measures to help listed companies withstand from the fallout of coronavirus.

In an announcement on 8 April, the regulator acknowledged that many companies would turn …