Newsflashes
18 Jan. 2010 - Target2Securities - Task Force on Shareholder TransparencyA new Task Force has been set up to look at solutions for shareholder transparency within Target2Securities (T2S), the project of the Eurosystem to create a single platform for securities settlement. The T2S Advisory Group (AG) approved the mandate of the new Task Force on Friday 15 January. The new Task Force shall formulate proposals to the AG within a tight timetable. The proposals should focus on the harmonisation regarding the exchange of shareholders information between issuers and investors in a cross-CSD environment in the EU. The work should be conducted in close collaboration with the Commission. The Task Force will be chaired by a senior member of T2S, Paul Bodart, Executive Vice President at Bank of New York Mellon. The chairman will nominate the members of the Task Force. EuropeanIssuers shall propose its candidates. For the mandate of the Task Force, click here. For our previous newsflash on this subject, click here. |