Voluntary corporate action

Roles that need it

• Corporate Actions Analyst
• Custody Operations Analyst
• Portfolio Manager Assistant
• Investment Operations Analyst
• Private Banking Analyst

Skills it belongs to

• Corporate actions processing
• Risk judgment and escalation instinct
• Working to tight deadlines

Related concepts

• Corporate actionA corporate action, or corporate event, is an action by an issuer that affects its securities and their holders, such as a dividend, a coupon payment, a stock split, a rights issue, a merger or a redemption. Events are mandatory, mandatory with choice, or voluntary, and must be processed along the whole custody chain.
• 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.
• Record dateThe record date is the date on which the issuer, or its CSD, determines who is entitled to a corporate action, based on settled positions at the end of that business day. Under a two-day settlement cycle it falls one business day after the ex-date; under T+1 the two dates coincide. The payment date follows it.
• CustodianA custodian is a financial institution, usually a bank, that holds securities and cash on behalf of clients, settles their trades and services the assets through corporate actions, income collection, tax relief and reporting. A global custodian covers many markets through its own branches or a network of sub-custodians.

Sources

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

Updated 31 Oct 2026.