EFG Private Bank is part of EFG International, a global private banking group headquartered in Zurich, Switzerland. EFG International operates in around 40 locations worldwide, and its shares are listed on the SIX Swiss Exchange. To learn more, visit

Shareholders Rights Directive (SRD II)

EFG Private Bank Ltd supports the objectives that underlie the Shareholder Rights Directive (SRD II). Under SRD II when delivering Wealth Management discretionary services, we are required to either create and publish a detailed Engagement Policy or explain why we have chosen not to produce an Engagement Policy.

It is our view that an Engagement Policy is less relevant to firms providing discretionary services to retail clients where the proportion of shares held in investee companies is much lower than those held by large institutional investors. As such we are do not engage with investee companies in the same manner as other large institutional clients may, such as pension funds or investment funds, to the extent envisaged by SRD II. Therefore, we do not believe it is currently appropriate to establish a formal Engagement Policy.