The New EU Shareholder Rights Directive
Date: 13 October 2017
Time: 15:00 - 18:00
Venue: Carlson Suite, Radisson Blu - St Julians
The Malta Association of Small Shareholders and The European Federation of Investors and Financial Services Users, better known as Better Finance, with the support of the European Commission Representation in Malta, will be organising the above conference for their members and any person residing or present in Malta who may be interested to participate.
The New EU Shareholder Rights Directive. ((EU) 2017/828) was adopted by the EU Parliament on 14 March this year and by the European Council on 3 April. This Directive which amends Directive 2007/36/EC on the same subject has been described “a milestone in the EU corporate governance framework” helping to bring up to date corporate governance in the EU.
The Malta Association of Small Shareholders (MASS) was organised as a local voluntary organisation in 2012 with the objective of increasing ‘financial literacy’ among local retail investors, thereby helping them to acquire sufficient knowledge to make wise choices for their investments.
Better Finance is an EU wide association of NGO's whose objectives are more or less similar to those of MASS i.e the education of shareholders, and the protection and promotion of their interests. Better Finance which is supported by the EU is based in Brussels and is often consulted by various EU directorates on issues related to company law and the rights of shareholders. Representatives of Better Finance sit on important EU committees.
Every year Better Finance holds its Annual General Assembly in one of its member states, with the choice for the hosting of this year’s assembly falling on Malta. As part of this assembly the host country is invited to organise a conference on a subject of its own choice for representatives of member institutions of Better Finance, members of the hosting institution in this case MASS, and for any other persons the hosting institution may wish to invite.