Objectives

This course is ideal for anyone who wishes to understand the important but sometimes poorly understood specialised discipline of managing Corporate Actions and Asset Servicing within securities firms.  It will explain what they are and how they impact firms highlighting some of the specific controls and processes which arise plus the need for attention to be paid to the management of operational risk.  You will learn the scope of asset servicing and how firms handle these activities.

Course Content

• What do we mean by corporate actions?
• What securities are affected and how?
• Who are the participants involved?
• Life cycle of an event – what is involved and how are events managed?
• The nature of mandatory events using examples
• What are voluntary events and how do they differ?
• The IPO process
• Proxy voting
• Tax and double taxation agreements
• Legal issues
• Managing operational risk

ALAN BURR - 2009