In the context of the implementation of the second shareholder rights directive (SRD II), the Luxembourg legislator has amended the law of 24 May 2011 relating to the exercise of certain shareholder rights at general meetings of listed companies through the adoption of the law of Bill of Law No7402.

Do not be misled by the title of the law, the new rules will have an impact not only on listed companies but also on intermediaries,institutional investors, asset managers and proxy advisors that are interacting with them.