The lack of an explicit regulatory imperative to address the efficiency of corporate actions processing is often cited as a reason for the industry’s lack of progress towards this goal. While it’s true that efforts like Giovannini do include corporate actions, there is no specific directive or legislation that demands firms meet a standard for corporate actions STP. And there is also some confusion about the implications of different industry-wide efforts to effect improved corporate actions efficiency – about the overlap between, say, how Euroclear’s move to a single platform impacts corporate actions, and the work of the Securities Market Practice Group to instil best practices in this area.

Want to know what we have to say about this? Get free access to this and more stories by signing up for a free trial (or free access if you work at a financial institution) with no obligation below, or login if you’re already a member

Existing Users Login

Sign up for Complimentary Access or Subscribe to Read this Article

For instant access to our A-Team Insight content, you can sign up for 30-day complimentary access to the full content of our news services. This will enable you to read the latest in-depth analysis on the stories that matter to you, access and search our full archives, and receive the latest monthly issue of A-Team Insight in convenient PDF format.

You may qualify for annual complimentary access if you are a senior manager at a financial institution (bank, brokerage, asset management firm, etc.).

For more information or to register, CLICK HERE for instant complimentary access.

Already like what you've seen and know you want to subscribe? An annual subscription is priced at £495/$795 and gives full access for up to three people to all our online content and the monthly A-Team Insight digest of the top news in PDF format. CLICK HERE to subscribe now.