DNB introduces Proxymity’s shareholder identification service
Partnership coincides with the enactment of the SRD II law in Norway.
Partnership coincides with the enactment of the SRD II law in Norway.
Tie-up with Strate will enable issuers and investors to connect with one another digitally throughout the e-voting lifecycle.
Digital general meeting announcement service for issuers and issuer agents will cover all asset classes.
In the 2022 Japan proxy season, 1,654 companies listed on the Tokyo Stock Exchange participated in the platform, representing 90% of the companies in that market.
Global custodian follows rivals BNY Mellon and Citi in adopting Proxymity services this month.
A combination of investor demographics, financial crises and regulatory reporting requirements has been driving it up the agenda of the entire transaction chain.
The custodian will initially go live with the service in Belgium and France for the 2023 voting season.
The launch builds on the existing relationship between the two firms, which has seen similar initiatives in Europe and APAC.
Beneficial investors in Australian and New Zealand companies have just five to seven days to respond to shareholder meeting notifications, new research shows.
The milestone for the start-up spun out of Citi comes ahead of the 2023 UK voting season.