The QCA Markets and Regulations Committee drafted this response to RiskMetrics, which was consulting on its policy to shareholders on companies reducing minimum notice periods. The QCA expressed our strong opposition to Risk Metrics’ proposal that shareholders vote against a resolution enabling a notice period for meetings other than the Annual General Meeting of no less than fourteen days, which is now required under EU Shareholder Rights legislation.
QCA Response to RiskMetrics – Draft Policy – Authority to Reduce Minimum Notice Periods
The QCA Markets and Regulations Committee drafted this response to RiskMetrics, which was consulting on its policy to shareholders on companies reducing minimum notice periods.