Program Brief

The role of the custodian on securities is considered a major and pivotal role in the financial markets, as It preserves the assets and securities of investors to protect them from risks, and the volume of investments that the custodian undertakes to protect may reach billions of riyals. In addition to dealing with the Depository Center regarding transfer of ownership, settlement and clearing of these assets. This training program focuses on the role of the custodian and its importance in the financial market, in addition to understanding the mechanism of the custodian’s work as an intermediary between the client and the Securities Depository Center to complete the operations of trading, settlement, clearing, lending, distribution and all other related operations in the custody of securities.

Sectors
Program Topic
  • Operations
Job Families
Program Goals

At the end of the training program, the participant should be able to:

  • Recognize the role and importance of the custodian of securities in order to perform his duties effectively and efficiently.
  • Understand how the custodian works so that he can manage the relationship as an intermediary between clients and the Securities Depository Center.
  • Familiarity with the problems of keeping securities to avoid them or treat them properly if they occur.
  • Acquisition of custodian skills in settlement, clearing and lending of securities to be implemented in accordance with the regulations and rules of the financial market.
Program Agenda
Module 1: The Role and Importance of the Custodian
  • 1 The concept of the custodian

    • 2 Principal duties of custodians

      • 3 Securities Custody Objectives

        • 4 Types of custody

          • 5 The role and importance of the custodian in the implementation of operations

            Module 2: Obligations and Membership of Custodians
            • 1 Custodians’ Obligations

              • 2 Membership Rules

                • 3 The basic principles of the custodian system

                  Module 3: Operations Carried out by Custodians
                  • 1 Deposit

                    • 2 Buy and sell

                      • 3 Transfer wallet

                        • 4 Freeze balances

                          • 5 Operations of GDR certificates of deposit

                            • 6 settlement

                              • 7 Profit disbursement

                                • 8 Securities Lending

                                  • 9 Free stock distribution

                                    • 10 Reducing the face value (retail)

                                      • 11 Combine versions

                                        • 12 Executing the Initial public offering IPO

                                          Module 4: Correct Follow-up of Customer Balances and Problem Solving
                                          • 1 Follow up on customer balances in a correct and effective manner

                                            • 2 Depository, settlement and profit disbursement system.

                                              • 3 Customer Account Management

                                                • 4 Risks of keeping securities

                                                  • 5 Solve problems that the custodian may encounter in practice

                                                    Program Requirements

                                                    Not Available

                                                    Program Path

                                                    Names of the training programs that are integrated (enriched) with the training program:

                                                    Names of the training programs that after the training program:

                                                    Program Method
                                                    • Lecture
                                                    • Case Studies
                                                    • Exercises and assignments
                                                    Evaluation Method
                                                    • Pre Exam
                                                    • Post Exam
                                                    Training Type
                                                    • In Class Training
                                                    • Online Training

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