trending Market Intelligence /marketintelligence/en/news-insights/trending/l9uSlbbeLzWhXCWt_PO4ig2 content esgSubNav
In This List

French financial lobby calls for stricter rules on shareholder activism

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Essential IR Insights Newsletter Fall - 2023


French financial lobby calls for stricter rules on shareholder activism

French financial lobby group Paris Europlace on Jan. 9 called for stricter rules on shareholder activism and short selling, asking for greater transparency from shareholder activists.

The Paris-based group is recommending that shareholder activist groups or short sellers make public their shareholdings in a company they are targeting and detail publicly what changes they are requiring.

Activist groups would also have to inform a company about their campaigns before any public declarations.

The move comes after La Tribune reported that the French Market Authority was preparing guidelines on activist shareholders in the light of concerns over the Muddy Waters LLC and Casino Guichard-Perrachon SA, which was marked by claims of short selling by Muddy Waters.