FESE response to the Commission consultation on the review of the Shareholder Rights Directive (SRD)

FESE welcomes the opportunity to respond to the Commission’s consultation on the review of the Shareholder Rights Directive (SRD) (here).

FESE underlines that SRD I and SRD II have improved communication and transparency across market jurisdictions. However, progress remains limited, as fragmentation persists due to insufficient harmonisation at national level. FESE’s suggestions include promoting a harmonised understanding of shareholders, and streamlining administrative requirements to reduce paperwork and enable faster, more efficient information flows related to disclosures, voting, and meeting participation, among other improvements.