General Meeting Service
Flexible General Meeting Service for ICSD and CSD clients
Clearstream offers services for general meetings that cover all our proxy voting markets and eligible instrument types – including Eurobonds and investment funds. It is designed to support domestic and cross-border share and bond holders in their governance rights and to help facilitate active ownership in meeting corporate governance guidelines, such as the EU Shareholders Rights Directive, in delivering general meeting notifications and processing voting instructions, either directly through Clearstream or via our dedicated partner Institutional Shareholder Services (ISS).
Clearstream is offering the following services for general meetings and assists clients and the ultimate beneficial owner to execute their voting rights.
Clearstream General Meeting Service
The General Meeting Service offers a full end-to-end solution in ISO 20022 Swift Message structure for all markets and asset classes.
ISO 20022 is an open standard designed for the specific needs in of general meetings. These messages are more widely accepted and can eliminate many manual processes in individual markets.
A coexisting meeting notification is offered in MT564.
Additionally, Xact Web Portal has a meeting specific module that provides clients with meeting event details and a secure and intuitive voting interface. This module offers multiple dedicated query options, standardised fields and ways to create or manage instructions.
The ISO 20022 messages for general meetings used by Clearstream are documented on Swift MyStandards. Clients can refer to this site for an overview of the message structure, allowed fields or specific conditions.
A Swift MyStandards account is required. General Meeting Message structures are available in the “General Meeting Messages” community. Access requests are processed manually by Clearstream.
Note: For “Market specificities and additional details” please refer to the attachment below.
General Meeting Service via ISS
Our integral partner ISS has a dedicated team of global procurement professionals and governance analysts with more than 35 years of experience in the process of acquiring, analysing, and processing meeting information for more than 100 global markets.
The General Meeting Service via ISS allows clients to choose between Swift ISO 15022 and ISO 20022 messaging, simultaneously offering an online platform for voting and reporting (ProxyExchange™).
For information on the General Meeting Service via ISS please refer to General Meeting Service via ISS - Product Description.