Corporate Actions - Operational Challenges

This course is aimed at developing delegates knowledge of corporate actions by looking at a range of more challenging and complex corporation action types. The programme is equally relevant to both the buy-side and sell-side of the business. The training is designed to educate staff who are currently working within a corporate actions department in the more demanding aspects of corporate actions, so as to maximise awareness, with the ultimate objective of minimising risks and financial loss.

This course is provided through a partnership between ICE Education and the International Capital Markets Association (ICMA) Executive Education.

Course Information

Price £1,850 + VAT
Duration 2 days
Location London
Available Dates

Who Should Attend

This course is suitable for practitioners who are familiar with corporate actions at an elementary level, who are looking to further develop their understanding of this area. The course builds on the fundamental corporate actions principles covered in our foundation level course entitled 'Corporate Actions - An Introduction'; for those delegates that do not possess a good understanding of the elementary aspects of corporate actions, we recommend attendance of the fundamental level course first. The training is suitable for employees working in the following areas: operations, middle office, risk management, static data, collateral management and accounting.

Booking Information

Tel: +44 (0) 20 7065 7706

Course Content

The course content is divided into several topic areas:

  • Impact of Failed Trades on Corporate Actions
  • Impact of Short Selling on Corporate Actions
  • Impact of Securities Lending/Borrowing on Corporate Actions
  • Impact of Special-Cum & -Ex Trading on Corporate Actions
  • Australian Dividend Tax
  • Depository Receipt Issuance Fees
  • UK Stamp Duty (on New Stock)
  • Warrant Exercise
  • Impact of Corporate Actions on Stock Options
  • Accelerated Rights Issues
  • Rights Issues with Preferential Subscription Rights (France)
  • Financial Restructuring (Bonds & Equity)
  • Share Capital Decrease
  • Interest on Equity Capital
  • Mortgage-Backed Securities: Interest & Capital
  • Bond Voluntary Events