Handbook of Investment Administration

CONTENTS

About the author

Introduction

PART I: INTRODUCTORY ELEMENTS

1 WEALTH MANAGEMENT

1.1 Introduction

1.2 Wealth management market

1.3 Types of business

1.4 Investment services and products

1.5 Investment firms

1.6 Investment administration

PART II: INVESTMENT ADMINISTRATION

2. NEW AND CLOSING BUSINESS

2.1 Introduction

2.2 New business

2.3 Client types

2.4 Know your customer

2.5 Agreements

2.6 Account opening

2.7 Money laundering

2.8 Validating the assets

2.9 Transferring assets

2.10 Raising assets

2.11 Closing business and transfers

2.12 Death of a client

3. TRADING

3.1 Introduction

3.2 Stock market developments

3.3 Equity trading

3.4 Bond trading

3.5 Regulation

4. SETTLEMENT

4.1 Introduction

4.2 Fundamentals of settlement

4.3 Settlement process

4.4 UK settlement

4.5 International settlement

5. CORPORATE ACTIONS

5.1 Introduction

5.2 Corporate actions industry

5.3 Types of event

5.4 Private client corporate action processing

5.5 Corporate events

5.6 Income events

PART III: OTHER CONSIDERATIONS

6. CUSTODY

6.1 Introduction

6.2 Protection of client assets

6.3 Segregation of safe custody assets

6.4 Use of a custodian

6.5 Nominee companies

6.6 Global custodians

6.7 Selecting a custodian

6.8 Custody agreements and SLAs

6.9 Reviewing the suitability of custodians

7. TAX

7.1 Introduction

7.2 Income tax

7.3 Tax treatment of dividends

7.4 Capital gains tax

7.5 Residence and domicile

7.6 Withholding tax

7.7 EU savings directive

8. POWERS OF ATTORNEY

8.1 Introduction

8.2 Background

8.3 ...