Virtual AGMs get FRC green light, but questions remain

Virtual AGMs get FRC green light, but questions remain Questions remain over how virtual AGMs can work for all investors, after a full season of shareholder and company meetings has been carried out online. While some “excellent practices” seen over the course of 2020 have convinced the UK regulator to encourage new, digital ways for […]

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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 over 70 proposals, which include giving regulators new powers, reforming shareholder voting and calling for the introduction […]

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The AMF has this week (2nd July) released its final report on improving the exercise of shareholders rights at French general meetings.  Following consultation during 2011, the proposals are expected to be in place in time for meetings on or after 1st January 2013, subject to the adoption of legislative amendments where necessary. Interestingly, elaboration […]

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