ESMA has published its Follow-up Report on the development of the ‘Best Practice Principles for Providers of Shareholder Voting Research and Analysis
DECEMBER 21, 2015
In its 2013 Final Report on the role of the proxy advisory industry, ESMA recommended that the proxy advisory industry develops a code of conduct in order to foster greater understanding and assurance among stakeholders in terms of what these can rightfully expect from proxy advisors. In this report, ESMA also committed to undertaking a review of the development of such code.
In March 2014, a group of proxy advisors followed ESMA’s recommendation and published the “Best Practice Principles for Providers of Shareholder Voting Research and Analysis”. This report follows up...
