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Now is the time for impacted intermediaries to focus on SRD II. New requirements, including significantly more stringent processing deadlines and new processes such as shareholder disclosure, must be factored into securities servicing product development plans, either through in-house investments or through their specialist outsourced investor communications partner. In an article for The Network Forum, Demi Derem looks at how the SRD II impacts firms in Europe and beyond, including how many will be required to offer a proxy service for the first time.