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| 1. ''Cash and securities management.''
| | An individual or company that records, on behalf of a company, the sale and purchase of a company’s securities as well as maintaining detailed ownership records of the company’s shares and other registered securities. |
| | | Sometimes a called registrar in the USA. |
| The sending (or movement) of funds or securities or of a right relating to funds or securities from one party to another by:
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| i. The conveyance of physical instruments/money; or
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| ii. Accounting entries on the books of a financial intermediary; or
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| iii. Accounting entries processed through a funds and/or securities transfer system.
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| The act of transfer affects the legal rights of the transferor, transferee and possibly third parties in relation to the money balance, security or other financial instrument being transferred.
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| 2. ''Risk management.''
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| In relation to risk management, a response to risk in which another party is paid - or otherwise induced - to accept the risk.
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| Such a transfer often leaves counterparty risk on that other party as the primary residual risk.
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| The 'transfer' risk response includes both insurance and external hedging of financial risks with derivative instruments such as forward contracts.
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| 3. ''Pensions.''
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| The movement of a pension scheme member from one scheme to another, together with related pension liabilities and assets.
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| == See also ==
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| * [[Counterparty risk]]
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| * [[Derivative instrument]]
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| * [[Final transfer]]
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| * [[Fixing]]
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| * [[Forward contract]]
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| * [[Hedging]]
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| * [[Insurance]]
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| * [[Payments and payment systems]]
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| * [[Provisional transfer]]
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| * [[Reduce]]
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| * [[Repetitive transfers]]
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| * [[Risk response]]
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| * [[Transfer system]]
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| * [[Transfer value]]
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| * [[TUPE]]
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| [[Category:Manage_risks]]
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| [[Category:Cash_management]]
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Revision as of 14:44, 6 April 2013
An individual or company that records, on behalf of a company, the sale and purchase of a company’s securities as well as maintaining detailed ownership records of the company’s shares and other registered securities.
Sometimes a called registrar in the USA.
