Income collection

Roles that need it

• Custody Operations Analyst
• Corporate Actions Analyst
• Fund Accountant
• Reconciliations Analyst

Skills it belongs to

• Custody and asset servicing
• Period-end close and reconciliations

Related concepts

• Asset servicingAsset servicing is the set of services an intermediary provides on securities it holds for clients after settlement: corporate actions, income collection, tax relief, proxy voting, class actions and reporting. It is usually sold together with custody, fund administration or depositary services.
• Mandatory corporate actionA mandatory corporate action is an event decided by the issuer that applies to all holders without any choice, such as a cash dividend, a stock split, a bond redemption or a name change. Operations teams must capture the event, update positions and pay or book the proceeds on the payment date.
• Withholding tax reliefWithholding tax relief is the reduction of tax deducted at source on dividends or interest paid to a non-resident investor, under a tax treaty or domestic exemption. It is given either at source, by applying the reduced rate at payment, or by a later refund claim (tax reclaim), which is slower and more costly.
• ReconciliationReconciliation is the regular comparison of two sets of records that should agree, such as a firm's securities positions and the custodian's statement, cash ledgers and bank statements, or trade details with a counterparty, followed by investigation of differences (breaks). It is a key control in operations and finance.

Sources

• AMI-SeCo SCoRE Standards for corporate actions, ECB (external site) accessed 31 Oct 2026
• CPMI glossary, BIS (external site) accessed 31 Oct 2026

Updated 31 Oct 2026.