Russia & Eastern Europe 2013 Proxy Season Preview


The peak of the voting season for the region’s largest markets, Russia and Pol-and, is in the second half of May and the first half of June.

Russia’s Federal Service for Financial Markets granted the National Settle-ment Depository the status of a central securities depository.

The introduction of additional disclosure requirements for depository receipt owners may impact their right to re-ceive dividends and to exercise voting rights at general meetings.

Voting rights caps have been imple-mented at Polish companies.

The amendments to the Hungarian Cor-porate Governance Recommendations will effectively remove independence requirements for management boards.

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