The DJEI has launched a consultation on the European Commission's proposal to amend Directive 2007/36/EC on shareholder rights.

The purpose of the proposed amending directive is:

  • to improve the engagement of institutional investors and asset managers with listed companies;
  • to strengthen the link between pay and performance of directors of listed companies;
  • to improve shareholder oversight of related party transactions;
  • to improve the transparency of shareholders and of proxy advisors; and
  • to ease the exercise of rights flowing from securities for investors.

Full details of the proposals are contained in a presentation issued by the European Commission.

The DJEI is seeking comments on all aspects of the proposed directive. The deadline for submissions is Friday 13 June 2014.