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);