Fighting for Minority Shareholders’ Rights
Solution:
Step 1: Expert-Led Advocacy
– Teamed up with stock market associations and financial experts to push back.
Step 2: Political & Industry Pressure
– Held 20+ meetings with MPs and government officials.
– Secured official support from the Bucharest Stock Exchange and investors’ associations.
Step 3: Legislative Victory
– Successfully reintroduced the 85% threshold into law after intense lobbying.
Results:
- Protecting investors: Minority shareholders retained their rights
- Prevented instability in Romania’s capital markets.
- Strengthened trust in regulatory processes, ensuring pension funds’ security.
- Client: APAPR (Private Pension Funds Association)
- Year: 2014-2018
- Challenge: A capital markets law proposed reducing the threshold for increasing registered capital from 85% to 75%, which would weaken minority shareholders’ influence and increase risks for pension funds.