Broadridge Expands Shareholder Disclosure Solution

Broadridge Financial Solutions, Inc.  announced the expansion of its Shareholder Disclosure solution to meet the specific regulatory requirements in the UK, Australia and Hong Kong markets. The solution is operating live in all three markets. The Broadridge solution leverages next-gen blockchain technology and intelligent APIs to support client workflow and connectivity needs. Across Europe it already has a proven track record for increasing transparency and automation through the digitization of shareholder disclosures, supporting market intermediaries - banks, brokers, wealth managers and central securities depositories (CSDs) - that are obliged to respond to disclosure requests from issuers under SRD II. The UK, Australia and Hong Kong have specific disclosure requirements: UK Section 793 (Companies Act 2006), Australia Section 672 (Corporations Act 2001) and Hong Kong Section 329 (Securities and Futures Ordinance). Broadridge's Shareholder Disclosure solution can now support firms needing to adhere to these regulations and seamlessly process their disclosure requests through one centralized platform.