EuropeanIssuers explained

Status:Non-profit association
Purpose:Lobbying
Headquarters:Brussels, Belgium
Leader Title:Chairman
Leader Name:Luc Vansteenkiste
Website:http://www.europeanissuers.eu/en/
Merger:EALIC and UNIQUE
Sec Gen:Florence Bindelle
Region:Europe

EuropeanIssuers is an association representing the interests of publicly quoted companies on European stock exchanges.[1] [2] Since 2008, its objective has been to ensure that European Union policy creates an environment in which companies can raise capital through the public markets and deliver growth over the longer term.[3]

Overview

The lobby association is registered in the European Transparency Register with the European Commission and Parliament.[4] EuropeanIssuers' members include listed companies and national associations of listed companies from 15 European countries which represent approximately 8,000 companies.[5]

History

Founded in 2008, as the result of a merger between two associations of listed companies, EuropeanIssuers was created as a not-for-profit association when EALIC, the European Association of Listed Companies, joined with UNIQUE, the Union of Issuers Quoted in Europe.[6]

Leadership

EuropeanIssuers is led by a Board of Directors. Luc Vansteekiste serves as chairman since 2014.[7] [8]

The association is administrated by a secretary general. Florence Bindelle holds this position since 2015.[9] [10] Past secretaries general are Dorien Fransens (2008–2010) and Susannah Haan (2010–2015).[11]

Working bodies

EuropeanIssuers' working bodies consist of the Policy Committee, the Smaller Issuers Committee and Working Groups.

The Policy Committee is the main technical working body of the association. It is composed of senior legal and technical experts who are delegated by our members and bring in strong expertise and first hand practical experience. The Policy Committee, that convenes on a bi-monthly basis, monitors and discusses all developments of possible concern to issuers. It drafts the position papers in which EuropeanIssuers publicly expresses its members’ views.

The Smaller and Medium Issuers Listed in Europe Committee, created in 2008, focuses on the specific needs of smaller listed companies. The Smaller Issuers Committee was set up in reaction to the increase of de-listings and the decrease of new listings, due to the ever-growing volume of regulations for listed companies. The goal of the Smaller Issuers Committee is to improve and facilitate the access for smaller issuers to capital markets. There is a need to make it more attractive for an average size company to have its shares listed and publicly traded. Lighter and better regulation for smaller issuers is the main objective. It aims at getting formal recognition by the EU of smaller issuers as a specific sector between SMEs and the largest listed companies in view of benefiting from a “lighter touch regime”. The Committee holds quarterly meetings in different locations in the Europe.

EuropeanIssuers' currently active Working Groups are: EMIR, Smaller Issuers, Corporate Reporting, Supervisory Reporting, Capital Markets Union, Securities Law & Markets' Infrastructure, Corporate Governance, Public Country-by-Country Reporting, Prospectus, Market Abuse, Company Law, Corporate Bonds and Financial Transaction Tax. Only direct members of EuropeanIssuers are eligible to participate in Working Groups.

Activities

EuropeanIssuers co-organises the European Small and Mid-Cap Awards along with the European Commission and the Federation of European Securities Exchanges (FESE) since 2013.[12] [13] [14] The Awards are organised to encourage the growth of smaller companies' stock listing, particularly SMEs and growth companies.[15] The Awards showcase the diversity of European markets and aim to promote stock listings, in particular targeting SMEs and growth companies. These companies are critical to European economic recovery and to accomplishing the EU’s goals of job creation, competitiveness and growth.

EuropeanIssuers organised EuropeanIssuers Capital Markets Forum on 4 and 5 December in 2018 in Brussels, Belgium on the occasion of 10 years anniversary. The EuropeanIssuers Capital Markets Forum, organised to commemorate this milestone, provided both a forward looking and a retrospective overview of the EU regulatory developments. It also offered a platform to exchange views and ensure that EU policy creates an environment in which companies of all sizes can easily raise capital through the public markets and deliver growth and jobs over the longer term.

In 2020, EuropeanIssuers launched EuropeanIssuers Capital Markets Webinar Series. The webinar series addresses the major regulatory developments that are affecting quoted companies in today’s environment. Its aim is to create an atmosphere of exchange with peers and with policymakers to shape a competitive and sustainable environment for our businesses in Europe. EuropeanIssuers Capital Markets Webinars gather audience from a broad cross-sectorial of senior company’s representatives from General Counsels, Heads of Legal, Investors Relations, Company Secretaries, CFO’s to many European leading corporations as well as regulators, consultants, exchanges, bankers, financial press and other service providers.

The organisation is also on the events planning committee for the first inaugural Invest Week 2016, a series of events focused on the European investment and growth agenda.[16] [17]

EuropeanIssuers organised the EuropeanIssuers Advisory Council twice a year since 2018. The EuropeanIssuers Advisory Council brings together around 50 senior executives (Chief Executives, Board Members etc.) of major multinational companies in Europe in a wide range of industrial sectors with high level policy-makers. The Advisory Council is composed by representatives from companies across Europe such as; UCB, Solvay, ING, L'Oréal, AXA, Engie, BNP Fortis Paribas, Total, Novartis, ENI, Generali, Banco Santander, Ericsson, Philips, Unilever and many more. This networking platform aims to provide the European Business leaders the opportunity to discuss the most compelling topics of the European agenda in the field of financial markets with relevant business implications, through a direct dialogue and a privileged interaction with European institutions' top officials and thought leaders. The Advisory Council serves the purpose of strengthening the dialogue between business and politics whilst improving the quality of EC policy proposals following the debates. The Advisory Council is chaired by Etienne Davignon, Belgian politician, businessman, and former vice-president of the European Commission. The Council previously welcomed prestigious guests such as Peter Praet, former executive board member and chief economist of the European Central Bank and Executive Vice President for an Economy that Works for People, Valdis Dombrovskis on 16 June 2020. The Advisory Council met Commissioner for Justice, Didier Reynders on 29 October 2020. The meetings are supported by EuropeanIssuers' partner EY.

Membership

Companies listed on European stock exchanges as well as national associations of listed companies form the direct membership base of EuropeanIssuers.[18] EuropeanIssuers also offers associate membership.

CountryOrganisation
BelgiumAssociation Belge des Sociétés Cotées–Belgische Vereniging van Beursgenoteerde Vennootschappen (ABSC–BVBV)
Solvay
UCB
BulgariaAssociation of Bulgarian Investor Relations Directors - ABIRD (Associate Member)
DenmarkGomSpace
FinlandWärtsilä
FranceAir Liquide
Association Française des Entreprises Privées (AFEP)
Association Nationale des Sociétés par Actions (ANSA)
BNP Paribas
L'Oréal
MiddleNext
Michelin
Total
Veolia
GermanyDeutsches Aktieninstitut (DAI)
GreeceUnion of Listed Companies - Eneiset
ItalyAssicurazioni Generali
Assonime
Atlantia
CIR
Edison
Enel
Eni
Intesa Sanpaolo
Mediobanca
Prysmian
Luxembourgeuropean primary placement facility - eppf (Associate Member)
NetherlandsAegon
Philips
Vereniging Effecten Uitgevende Ondernemingen (VEUO)
Wolters Kluwer
PolandStowarzyszenie Emitentów Gieldowych (SEG)
PortugalAssociação de Empresas Emitentes de Valores Cotados em Mercado (AEM)
RomaniaRomanian Investor Relations Association - ARIR (Associate Member)
SpainBanco Santander
Emisores Españoles
Oryzon Genomics
SwitzerlandNovartis
SwissHoldings
United KingdomComputershare (Associate Member)
Quoted Companies Alliance (QCA)
Fiat Chrysler Automobiles
RELX Group
Unilever

External links

Notes and References

  1. Web site: In a nutshell – European Issuers. Generaction. www.europeanissuers.eu. 2016-09-22.
  2. Web site: EuropeanIssuers – Middlenext. www.middlenext.com. 2016-09-22.
  3. Web site: EuropeanIssuers: The First Pan European Issuers Association Issuer-shareholder relation priority number one Pörssisäätiö. www.porssisaatio.fi. 14 March 2008. 2016-09-22. 2016-09-23. https://web.archive.org/web/20160923070019/http://www.porssisaatio.fi/en/blog/2008/03/14/europeanissuers-the-first-pan-european-issuers-association-issuer-shareholder-relation-priority-number-one/. dead.
  4. Web site: Transparency Register – Search the register. ec.europa.eu. 2016-09-24.
  5. Web site: EuropeanIssuers – Middlenext . www.middlenext.com. 2016-09-24.
  6. Web site: How it started – European Issuers. Generaction. www.europeanissuers.eu. 2016-09-24.
  7. Web site: Board Members – European Issuers. Generaction. www.europeanissuers.eu. 2016-09-24.
  8. Web site: FESE: 'Meet The Winners Of The 3rd European Small And Mid-Cap Awards'. www.mondovisione.com. 2016-09-24.
  9. Web site: Directory of Members . www.ecgi.org . . 2016-09-24 . 2016-09-25 . https://web.archive.org/web/20160925015059/http://www.ecgi.org/members_directory/member.php?member_id=1279 . dead .
  10. Web site: EuropeanIssuers appoints Florence Bindelle as new Secretary General – European Issuers . http://arquivo.pt/wayback/20160109040134/http://www.europeanissuers.eu/en/?inc=page&pageid=news,press&id=731 . dead . 2016-01-09 . Generaction . www.europeanissuers.eu . 2016-09-24 .
  11. Web site: How it started – European Issuers. Generaction. www.europeanissuers.eu. 2016-09-24.
  12. Web site: Growth – European Commission – News. 2016-09-22. ec.europa.eu.
  13. Web site: Generaction. Congratulations to the winners of the EU Small and Mid Cap Awards 2013! – European Issuers. 2016-09-22. www.europeanissuers.eu.
  14. Web site: European Small and Mid-Cap Awards. 2016-09-22. europeansmallandmidcapawards.eu.
  15. Web site: European Small and Mid-Cap Awards. europeansmallandmidcapawards.eu. 2016-09-24.
  16. Web site: Invest Week. Invest Week. 2016-09-24. 2016-09-27. https://web.archive.org/web/20160927041127/http://www.investweek.eu/. dead.
  17. Web site: Invest Europe – Invest Week 2016 launches on Monday 28 November 2016 in Brussels, Belgium. www.investeurope.eu. 2016-09-24. 2016-09-27. https://web.archive.org/web/20160927053743/http://www.investeurope.eu/news-opinion/newsroom/press-releases/invest-week-2016/. dead.
  18. Web site: Members of EuropeanIssuers – European Issuers. Generaction. www.europeanissuers.eu. 2016-09-24.