Manage your company delegations

From MyEuronext Company Settings, an issuer company can give another company the ability to act on its behalf for a given perimeter. The company receiving the delegation is called “Issuer third party”. Note that delegations are only available for the issuer domain. 

If you are allowed to, you will have access to the “Delegations” tile. It shows the total number of delegations and those with a “pending approval” status.  Click on “See list of delegations”. The list you access will show the delegations your company has on other companies, and the ones other companies have on your company. 

To have more details, you can click on the delegation you want to look at.

Types of delegations 

When a delegation is created, it is confirmed by a Power of Attorney (POA). The POA describes the exact perimeter on which the delegation applies (from the whole activity of an Issuer to a specific activity on a specific instrument), and will have to be signed by both Issuer and Third Party authorised signatories.

You may be confronted with three types of delegations: 

• Existing POA: the Delegation is explicit between the 2 companies and is proven by a “Power of Attorney” already elaborated and signed between them, to be attached to the delegation form
• New POA: the Delegation is explicit between the 2 companies and is proven by a “Power of Attorney” that will be triggered by Euronext (specific document) and signed by both Issuer and Third party before being attached to the delegation form. 
• Third party declaration: a specific contract will be triggered by Euronext and signed only by the Third party before being attached to the delegation form. This is a temporary opened solution for transition purpose. To be avoided as much as possible.