ESMA Is Seeking Information On The Impact Of The Best Practice Principles

The European Securities and Markets Authority (ESMA) published a Call for Evidence on the Impact of the Best Practice Principles for Providers of Shareholder Voting Research and Analysis (BPP).

The purpose of this Call for Evidence is to gather information on how stakeholders perceive the most recent proxy seasons to have evolved and to assess the extent to which new trends or changes in proxy advisors’ approaches have developed.

As foreseen in its February 2013 Final Report on the role of the proxy advisory industry, ESMA has embarked on a review of the BPP published by an industry group in March 2014.

ESMA will consider all comments received by 27 July 2015 and will publish the final results of its review at the end of 2015. All contributions should be submitted online at www.esma.europa.eu under the heading ‘Your input - Consultations’.

2015/920 Call for evidence