Enforcement mechanisms purport to ensure the compliance with all
transposed SRD II rules by enhancing the credibility of the
long-term shareholder engagement and agenda that has been at the
forefront of the Commission’s ambition. Safeguarding compliance in
this area can also reinforce credibility in the markets, investor
confidence and sound corporate governance, and investment management
practices. Most importantly, the element of accountability of
concerned persons who are supposed to fulfil the SRD II duties is of
paramount importance now that the SRD II has been transposed into
national laws. The aim of this chapter is to present the various
types of enforcement mechanisms and to critically assess their
adaptability and efficiency in relation to the areas of practice
affected by the SRD II.
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