Facebook LinkedIn Twitter SEC seeks to toughen proxy rules James Langton Related news The paper identifies several issues related to the proxy advisory market which may have an impact on the proper functioning of the shareholder voting process. In articular, it points to the potential for conflicts of interest, proxy advisors’ methodology and their dialogue with issuers; and, the degree of transparency on the management of conflicts, dialogue with issuers, the voting policies and guidelines, the voting recommendations, and the procedures for developing a voting recommendation. The ESMA says that it will consider several policy options based on the feedback it receives to the consultation. It expects to publish a feedback statement in the fourth quarter, which will summarize the responses received and set out its view on whether there is a need for policy action in this area. The paper from European regulators follows an indication earlier this week that Canadian regulators will be examining the issue, too. In a speech, Maureen Jensen, executive director of the Ontario Securities Commission, said that the Canadian Securities Administrators will soon soliciting feedback about the role of proxy advisors in influencing shareholder voting. Share this article and your comments with peers on social media European securities regulators launched a consultation on the proxy advisory industry Thursday, following a similar pledge from Canadian regulators. The European Securities and Markets Authority published a discussion paper today that examines the development of the proxy advisory industry in Europe. It notes that proxy advisors, which primarily serve institutional investors such as asset managers, mutual funds and pension funds, are growing in prominence and influence. Keywords Proxy voting SEC calls for input on climate-risk disclosure Banks, insurers plan virtual AGMs
← Internship Programme of German Business for the countries of the Western Balkans LinkedIn 0 Pocket Similar Stories Reddit November 1, 2018 Published by Bojana Tweet The John Smith Trust Wider Europe Fellowship 2019 in UK → Tomorrow’s Leaders Undergraduate Program Share 0 +1 Deadline: 15 November 2018Open to: high school senior or recent high school graduate form Algeria, Jordan, Lebanon, Morocco, Tunisia, Libya, Syria, and Yemen, who cannot hold U.S. citizenship or be a U.S. Legal Permanent ResidentBenefits: the program covers university tuition and fees, a study abroad experience in the U.S., insurance, housing, and monthly allowanceDescriptionThe U.S. Department of State’s Middle East Partnership Initiative (MEPI) and AMIDEAST are pleased to announce this year’s recruitment for the Tomorrow’s Leaders Scholarship Program. The Tomorrow’s Leaders Scholarship Program is a MEPI initiative for capable and highly motivated high school seniors in the Middle East and North Africa who are from underserved backgrounds. The program will provide four-year university scholarships and internship opportunities at select institutions of higher learning in the Middle East to students who have the potential to become leaders.Eligible students include men and women who represent the region’s cultural, religious, and geographic diversity and are from socio-economically disadvantaged backgrounds, who could otherwise gain admission to, but would be unable to afford, four years of college at an American university in the Middle East. Tomorrow’s Leaders scholarship recipients should be prepared to begin the program in the Fall 2019 term.EligibilityThis program is open to high school graduates in the Middle East and North Africa, who are qualified but unable to afford a college education. Students enroll at the undergraduate level in a four-year program. For the Fall 2019 enrollment class, applicants must be citizens of Algeria, Jordan, Lebanon, Morocco, Tunisia, Libya, Syria, and Yemen, and cannot hold U.S. citizenship or be a U.S. Legal Permanent Resident.Applicants must meet the following criteria:Be a high school senior or recent high school graduate at the time of application;Demonstrate strong leadership potential;Be proficient in written and spoken English;Demonstrate strong academic performance;Ability to start the program in August/September 2019.BenefitsThe program covers university tuition and fees, a study abroad experiences in the U.S., insurance, housing, and a monthly allowance. Students requiring English preparatory work may be enrolled in one to two semesters of college preparatory English classes before entering degree programs.How to apply?For more information, please visit the official web page.