The European Securities and Markets Authority has raised concerns over the independence, accuracy and reliability of guidance from proxy advisers in the European Union.
In its final report on the role of the proxy advisory industry, ESMA concluded there was no evidence of "market failure", but that a code of conduct should be introduced to improve clarity and unde...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders