EFAMA warns against the negative impact of large-scale changes to the Shareholder Rights Directive
EFAMA warns against the negative impact of large-scale changes to the Shareholder Rights Directive
Following yesterday’s vote by the European Parliament’s ECON Committee on the EU Securitisation Regulation (SECR) review, EFAMA expresses concern that aspects of the current text lack sufficient ambition to truly prioritise European investors and support Savings and Investment Union (SIU) objectives.
Today, EFAMA has published its latest Monthly Statistical Release for February 2026.
This article was originally published in French in Revue Banque, © La Revue Banque.
Read the English translation below:
The Commission’s initiative to simplify EU law in direct taxation, with its focus on reducing administrative burdens, eliminating outdated/overlapping rules, and improving consistency and application across Member States, is urgently needed to ensure the EU's competitiveness.
EFAMA appreciates the European Commission's efforts to bolster the Capital Markets Union and increase the appeal and competitiveness of public capital markets. However, the investment industry wishes to highlight some concerns concerning this Directive. Against this backdrop, it is important to note that the European Union has recently enhanced its corporate governance and shareholders’ engagement practices to fortify financial market stability, uphold capital market integrity and safeguard investors’ interests.

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