Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.

Shareholder Rights Directive (SRD II)

The Shareholder Rights Directive (SRD II) aims to tackle corporate governance shortcomings related to listed companies and their boards, shareholders (institutional investors and asset managers), intermediaries, and proxy advisors (e.g., firms providing services to shareholders, notably voting advice). The Directive makes it easier for shareholders to exercise their existing rights over companies and likewise enhance those rights where necessary.

The SRD was adopted in 2017, transposed into national law, and has been fully applicable since 2019. In 2023, the Commission requested the EBA and ESMA to identify areas for further progress and detailed policy suggestions regarding the Directive’s effectiveness. The subsequent EBA/ESMA report served as a basis for the European Commission's assessment of SRD II implementation. The Commission will assess the need for and consider a potential review of the Shareholders Rights Directive by Q4 2026 to make it easier for investors, intermediaries and issuers to operate across Member States.

Deutsche Börse Group welcomes solutions that ensure shareholders are more engaged, better hold company management accountable, and act in the company's long-term interests.
 
For further information on Deutsche Börse Group’s positioning on the matter, find our statements and position papers under  Publications.