Spotlight on proxy advisors, their role, influence and ways to control it

Article co-authored by Didier Fornoni, partner and Georges-Dominic Sardi, lawyer, Hoche Avocats

Spotlight on proxy advisors, their role, influence and ways to control it

Article co-authored by Didier Fornoni, partner and Georges-Dominic Sardi, lawyer, Hoche Avocats

The PACTE law of 22 May 2019 has transposed into French law the provisions relating to proxy advisors or proxies issued by Directive (EU) No 2017/828 of 17 May 2017. These provisions address a dual objective vis-à-vis the latter, transparency on the voting criteria used by the proxies and the fight against conflicts of interest.

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