As it stands, shareholders must assent to M&A or related-party deals. But the FCA wants to ease listing requirements to stem companies decamping to New York exchanges.
Aeisha Mastagni, who works on sustainable investing at the pension fund, has previously served as a CII director.
Gensler defended the SEC’s climate disclosure rules at a CII conference.
SEC leaders say the final amendments aim to avoid burdens on proxy voting businesses that may impair the timeliness and independence of their advice.
Pension giant scolds regulator for attempt ‘to solve problems that simply do not exist.’
The group wants newly listed companies to convert to one share-one vote structures after seven years on the exchanges.
Eight new members elected as board officers, directors.
Group recommends reporting case payouts, strengthening board diversity.
While the proposals intend to make it less onerous for public companies, market participants have concern about the impact of reduced disclosures for investors.