Administration of corporate actions | B3

Administration of corporate actions

The B3´s CSD acts to administrate corporate actions related to deposited assets, thus safeguarding the rights of assets issuers and holders. This service includes:

  • Treatment and registration of corporate actions in assets accounts;
  • Providing the custodians with information that allows monitoring of the corporate actions occurred;
  • Enabling participants to perform the necessary maintenance on provisioned corporate actions (transfers, tax treatment and confirmation of amounts);
  • Control of voluntary corporate actions, such as subscription rights, subscription surpluses, dissent, conversion rights, and withdrawal;
  • Settlement of these corporate actions (payment transfers, assets delivery and position adjustments);