The European Union revised Shareholder Rights Directive (SRD II)
The Shareholder Rights Directive (SRD II) is one of a series of actions launched by the European Commission to promote better shareholder engagement and improve transparency in the ownership of companies.
The SRD II requires asset owners and asset managers to make disclosures about their long term investment strategies, their arrangements with each other and their engagement with the companies in which they invest.
SRD II will be implemented on 10 June 2019.
Fiske plc is currently considering the impact of the new rules driven by SRD II and, in particular, whether it is appropriate to develop and publish a shareholder engagement policy.