Shareholder rights boosted by review

In particular the review emphasises the need for greater clarity on the role of institutional investors. Companies should disclose major relationships with financial institutions in their annual report, the review argues.

Institutional investors, meanwhile, should be obliged to disclose how they have voted, so that their impact on company activities is visible. The review also recommended the voting process on key companies resolutions be audited.

The review also calls for legal reforms so that investors holding shares in nominee accounts can communicate directly with the company concerned.


NAPF embraces law review

Review calls for audit threshold hike

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