Custody & Clearing

Custody & Clearing services include a range of “back office services” for clients investments in securities. The core services offered include

• Opening client‟s Securities accounts at the CDS
• Safekeeping of securities
• Settlement of securities
• Corporate Actions (tracking, notification and acting on corporate action instructions of client).
• Income and dividend collection
• Proxy Voting (in accordance with clients instructions)
• Reporting: Trade portfolio reporting (Statement of holdings, transactions reporting, MIS reporting) and other customized reporting as agreed with the client.
• FX conversion on clients behalf
• Providing information to client‟s agents (e.g. chartered accountants/tax agents)

The ancillary service offerings which are offered selectively include:

Market Information communication (Newsflashes, Securities Market Report, etc.)

The securities include equity, debt, warrants, rights, units (e.g. mutual fund). The same may either be in physical form or may be scripless.

Clients may contract directly with Standard Charted Banks individual branches/subsidiaries or they may choose to appoint a single SCB Branch/subsidiary as a “Hub” which in turn appoints sub-custodians in the various markets in which the client invests in.

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