Azerbaijan launches new shareholder identification service 

“Euroclear” has launched a new shareholder identification service “InvestorInsight” through its central depositories in France, Belgium, and the Netherlands, National Deposit Center told Report.

According to the information, “InvestorInsight ™” is a cloud-based service for issuers and intermediaries. The service will enable issuers to manage surveys on information disclosure and obtain a complete description of all shareholders through a convenient web application in accordance with the standards set out in the new Shareholder Rights Directive II.

The service, which provides monitoring of all responses from shareholders and preparation of reports based on the information collected, will create new opportunities for issuers to improve corporate governance and the process of communication with the investor base.

In close cooperation with issuers and intermediaries, more than 300,000 shareholders from more than 130 countries were identified in the pilot phase, and 600 intermediaries joined “InvestorInsight.”