A Custodian is basically an organisation, which helps register and safeguard
the securities of its clients.
Besides safeguarding securities, a custodian also keeps track of corporate
actions on behalf of its clients:
the securities of its clients.
Besides safeguarding securities, a custodian also keeps track of corporate
actions on behalf of its clients:
- Maintaining a client’s securities account
- Collecting the benefits or rights accruing to the client in respect of securities
- Keeping the client informed of the actions taken or to be taken by the issue of securities, having a bearing on the benefits or rights accruing to the client.
