The EU’s amended Shareholder Rights Directive came into force in June 2017, and will be rolled out across member states by 2019. It aims to tackle short-termism among investors. But what are the law’s key elements?
On 9 June 2017, the EU directive 2017/282 on long-term shareholder engagement, also known as the revised Shareholder Rights Directive (SRD II), came into force. Most of the measures apply in all EU member states as of 10 June 2019. The remaining provisions, covered by European Commission regulation in September 2018, are to be implemented into local rules within 24 months.
The new rules were proposed to address investors’ short-termism and shortcomings in the corporate governance of lis
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