​Shareholder Rights Directive looks to improve Corporate Governance among issuers. Major highlights are:

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Issuers can obtain shareholder identification with the objective of engaging directly with the investor

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Say on pay: remuneration policy and voting on remuneration must take place during the General Meeting

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Some transactions: such as intra-group transactions – between a company and its affiliates or between two affiliates of the same holding company- must be approved at the General Meeting

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Investment strategy: institutional investors, such as asset managers, pension funds or insurance companies, must establish an investment strategy and publish associated reports in a timely fashion

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Transparency of proxy advisors: proxy advisors should establish accurate and reliable voting recommendations.

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Proxy advisors will have to publish a report on their compliance with the code of conduct of proxy advisors