EBF advisor: Daniele De Gennaro
Publication date: 14 May 2018
Key points:
The European Banking Federation (EBF) fully supports the opportunity to share our views on the draft Implementing Regulation (IR) issued by the European Commission (EC) on shareholder identification, the transmission of information and the facilitation of the exercise of shareholders rights.
The EBF has followed the progress of the Shareholder Rights Directive (SRD) with interest and was heavily involved in the preparatory works that led to this consultation, being an active member of the EC Expert Group on technical aspects of corporate governance processes.
The EBF appreciates the efforts of the European Commission in this field. In particular, we support the aim of the European Commission to be neutral towards new systems and processes and to support existing, well-working message structures, such as SWIFT. Relying on minimum standards and encouraging the industry to establish further self-regulatory standards will help new solutions flourish and allow the industry to continuously work on process improvements and take up best practices.
The EBF would also like to encourage the regulators to continue engaging with the industry to ensure proper application of this IR.
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Joint trade association letter on the impact of Covid-19 on the further implementation of the Shareholder Rights Directive II
BRUSSELS, 9 April 2020 – The European Banking Federation (EBF), the Association for Financial Markets in Europe
(AFME), the International Securities Lending Association (ISLA), the Association of Global Custodians (AGC), the European Central Securities Depositories Association (ECSDA), the Securities Market Practice Group (SMPG), the European Savings and Retail Banking Group (ESBG), the Associazione Intermediari Mercati Finanziari (ASSOSIM), the Association française des Professionnels des Titres (AFTI), the European Association of Co-operative Banks (EACB) and EuropeanIssuers (EI) (together, the “Associations”) appreciate the efforts of regulators to ensure deeper shareholder engagement in corporate governance, however we would like to highlight our deep considerations of the legislative intentions behind the review of the Shareholder Rights Directive (SRD II).
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FOR MORE INFORMATION:
Sergio Tringali, Policy Adviser Financing Growth – Security
+32 25083724 s.tringali@ebf.eu
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Every Friday at noon you can receive the EBF Weekly + Financial Regulation Agenda. This agenda presents an overview of upcoming European and international meetings and conferences in financial regulation, as well as important general financial and economic events and key EBF meetings for the week ahead. CLICK HERE TO SUBSCRIBE
Subscribe to the EBF Morning Brief
The EBF Morning Brief is published Monday through Friday morning and brings you the top banking headlines, relevant announcements from the EU institutions and the latest from the EBF and its members, national banking associations in 32 countries in Europe. CLICK HERE TO SUBSCRIBE
The post EBF supports 12-month delay on implementation of SRD II appeared first on EBF.
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