SRD II (Shareholder Rights Directive II)

Roles that need it

• Company Secretary (Listed Companies)
• Corporate Actions Analyst
• Custody Operations Analyst
• Regulatory Change Analyst
• Investor Relations Analyst

Skills it belongs to

• Corporate governance
• Regulatory change impact assessment
• Corporate actions processing

Related concepts

• Proxy votingProxy voting is voting at a company's general meeting through an appointed representative or an intermediary instead of in person. In the EU the Shareholder Rights Directive II requires intermediaries in the custody chain to transmit meeting notices and votes without delay and to confirm votes on request.
• Record dateThe record date is the date on which the issuer, or its CSD, determines who is entitled to a corporate action, based on settled positions at the end of that business day. Under a two-day settlement cycle it falls one business day after the ex-date; under T+1 the two dates coincide. The payment date follows it.
• Corporate actionA corporate action, or corporate event, is an action by an issuer that affects its securities and their holders, such as a dividend, a coupon payment, a stock split, a rights issue, a merger or a redemption. Events are mandatory, mandatory with choice, or voluntary, and must be processed along the whole custody chain.

Sources

• Directive (EU) 2017/828 (Shareholder Rights Directive II), EUR-Lex (external site) accessed 31 Oct 2026
• Commission Implementing Regulation (EU) 2018/1212 (shareholder identification and voting), EUR-Lex (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.