The draft RTS presents templates and tables for the disclosure of information on the investment firm’s issues regarding voting: voting behaviour, explanation of votes, and the ratio of approved proposal. The draft RTS concerns class 2 investment firms with total assets over 100 million.
According to the EBA, class 2 firms will be obliged to disclose the aforementioned information in relation to those companies whose shares are admitted to trading on a regulated market and in which the proportion of voting rights exceeds 5 % of all voting rights issued by the company.
The EBA has stated that interested parties can send comments on the consultation by the 1st of July and take part in a public hearing on the 6th of May.
Read more here: https://www.eba.europa.eu/eba-launched-public-consultation-regulatory-technical-standards-disclosure-investment-policy