Custodianship management services are critical for companies, entities, and clients to trust in asset safeguarding and management.
What are Custodianship Management Services?
Custodianship management service for companies and entities is a legal process aimed at managing and overseeing the affairs of the company or entity in cases where the current management is unable to fulfil its duties properly, whether due to incapacity or inability to make decisions.
Custodians handle tasks like trade settlement, income collection, corporate action processing, and securities safekeeping. They may also offer investment accounting, performance measurement, and compliance reporting. These services ensure secure asset management and regulatory compliance for shareholders, instilling confidence in asset security and effective management.
ADCPA provide Custodianship management services involving safeguarding and managing financial assets for institutional clients, including investment funds and pension funds in Saudi Arabia the following: