13 May 2005

Commission consultation on minimum standards of shareholders’ rights

The Commission launched a public consultation on minimum standards that should apply to shareholders’ rights in listed companies to remove certain practical and legal obstacles that currently hinder the exercise of these rights in a cross-border context. The main issues on which the Commission is seeking responses include among others the transparency of stock lending agreements and the status of depositary receipt holders, the dissemination of relevant information before General Meetings, the removal of share blocking as a prerequisite to vote and its replacement by a record date

Deadline for responses is 15 July 2005.

Press release
Document

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