Custodianship Program

The Custodianship Program was designed to meet the licensing requirements for custody officers, aiming to enhance the efficiency and skills of workers in line with the vision of the Financial Regulatory Authority to build professional capacities and establish the principles of sound professional practice, achieving the highest level of practical and scientific competence.

The main objectives of the Custodianship Program

The program includes a set of key objectives, the most important of which are:

• Adequate familiarity with the operations of Misr for Central Clearing, Depository and Registry and the services provided by custodians.
• Knowledge of the legal and procedural constraints of the activity.
• Introducing the profit distribution service in terms of methods and forms of distribution.
• Training on the accounting system for securities and how to record transactions on customer accounts.
• Training on automated systems for custodians and practical training thru application on actual cases.

Target groups of this training program

This program targets those working in the field of securities for this activity.

The main topics covered by Custodianship Program:

The first day

• Introduction to Custodianship and the necessary documents for deposit and central registration membership
• The objectives of the Custodianship system and the legal constraints related to the activity
• The profit distribution system and the forms and methods of profit distribution

The second day

• Introduction to the Money Market
• Stages of the development of the stock market and the transition to a central depository system
• Foundations of the securities accounting system
• Proof of the process of depositing securities into customer accounts

The third day

• Proof of the sale order process
• Proof of the purchase transaction

The fourth day

• Proof of the securities portfolio transfer process
• Proof of GDR portfolio transfer process

The fifth day

• Introduction to the Centralized Custody Automated System
• Customer data registration and contracting
• Deposit of securities

The sixth day

• Buy and sell orders
• Allocation of buying and selling operations

The Seventh Day

• Transfers of securities portfolio of all types
• Merging balances from the sub-account code
• Freezing customer balances

The eighth day

• Coupon redemption
• Scheduled operations for securities
• Inquiry
• General reports

Total hours of the training program

40 training hours – 8 days.