Stewardship Code Response
IVIS Response to Proxy Advisors Regulations 2019
On the 10th June 2019, the Proxy Advisors (Shareholders’ Rights) Regulations 2019 (the “Shareholders’ Regulations”) came into force in the UK, to implement the proxy advisor provisions of the revised EU Shareholder Rights Directive (SRD II). The aim of SRD II is to improve the stewardship of EEA based companies. Under the Shareholders’ Regulation, Investment Association Services Limited (using the trading name Institutional Voting Information Services (IVIS)) must set out how it applies a Code of Conduct. IVIS applies the Financial Reporting Council (“FRC”) Stewardship Code (published in 2019) and will annually publish its response to its application of the Stewardship Code in its, ‘Stewardship Report’. IVIS applies the Principles for Service Providers.
IVIS has been a signatory to The UK Stewardship Code 2020 since 2021. The current list of the signatories was published by the FRC on 13 August 2025. This confirmed that IVIS retained its Stewardship Code signatory status for 2025, our 2024 Stewardship Report is available here:
Following changes to UK Stewardship Code 2026 and the introduction of a more streamlined structure for reporting, 2026 is a transition year, with all existing signatories submitting a report remaining on the signatory list throughout this period. The structure of the report has been broken down into two reports:
- Policy and Context Disclosure, which will be submitted every fourth year, or where there have been material changes to our organisation, governance and resourcing; and
- Activities and Outcomes Report, which will be submitted annually.
The reports submitted in 2026 in respect of 2025 can be found here:
- Investment Association Services Limited (IVIS) Stewardship Report 2025 - Policy and Context Report
- Investment Association Services Limited (IVIS) Stewardship Report 2025 - Activities and Outcomes Report
For previous reports see below:
Conflicts of interest - Further information on conflicts of interest.
April 2025
