The Proxy Advisors (Shareholders' Rights) Regulations 2019
PART 1General
1Citation and commencement
2Interpretation
PART 2Transparency requirements in relation to proxy advisors
3Code of conduct of proxy advisors
4Information giving assurance about the accuracy and reliability of advice
5Conflicts of interest
6Obligation to collect and update information
PART 3Functions of the FCA in relation to proxy advisors
7Interpretation of Part
8Functions of the FCA
9Notice of inability or failure to comply with a relevant requirement
10Complaints
11Public censure
12Financial penalties
13Warning notice
14Decision notice
15Matters to which FCA must have regard in relation to imposition of penalties
16Statement of policy on imposition of penalties
17Statement of policy on imposition of penalties: procedure
18Misleading the FCA
19Restriction on penalties
PART 4Application of provisions of the Act for the purposes of Part 3
20General provision
21Hearings and appeals
22Application of Part 11 of the Act
23Information given by an auditor
24Restrictions on disclosure of information
25Application of Part 25 of the Act
26Application of Part 26 of the Act
27Application of Part 27 of the Act
28Application of Schedule 1ZA to the Act: penalties, fees and exemption from liability in damages
PART 5Application of the Financial Services and Markets Act 2000 (Disclosure of Confidential Information) Regulations 2001
29Permitted disclosure of confidential information
PART 6Public list of proxy advisors
30Interpretation
31Public list of proxy advisors
32Removal of a proxy advisor from the public list

2019 No. 926

Financial Services And Markets

The Proxy Advisors (Shareholders' Rights) Regulations 2019

Made

Laid before Parliament

Coming into force

The Treasury are a government department designated M1 for the purposes of section 2(2) of the European Communities Act 1972 M2 in relation to financial services.

The Treasury make the following Regulations in exercise of the powers conferred by section 2(2) of the European Communities Act 1972.C1

Annotations:
Modifications etc. (not altering text)
Marginal Citations
M2

1972 c. 68. Section 2(2) was amended by section 27 of the Legislative and Regulatory Reform Act 2006 (c. 51) and by section 3 of, and the Schedule to, the European Union (Amendment) Act 2008 (c. 7). By virtue of the amendment of section 1(2) by section 1 of the European Economic Area Act 1993 (c. 51), regulations may be made under section 2(2) of the European Communities Act 1972 to implement obligations of the United Kingdom created or arising by or under the Agreement on the European Economic Area signed at Oporto on 2nd May 1993 (Cm 2073) and the Protocol adjusting the Agreement signed in Brussels on 17th March 1993 (Cm 2183). Paragraph 1A was inserted into Schedule 2 by section 28 of the Legislative and Regulatory Reform Act 2006. The European Communities Act 1972 is repealed with effect from exit day by section 1 of the European Union (Withdrawal) Act 2018.