The UK’s Financial Conduct Authority has issued new rules for institutional investor fiduciaries that impose new requirements for engagement and disclosure:
We have introduced new requirements to improve shareholder engagement and increase transparency around stewardship. The requirements come into effect on 10 June 2019. Asset managers and life insurers will need to disclose and make publicly available, their policies on how they engage with each other and the companies they invest in, and how their strategies create long-term value. Issuers will also need to make new disclosures regarding their related party transactions (RPTs).
Source: PS19/13: Improving shareholder engagement and increasing transparency around stewardship | FCA