This training program is designed to provide delegates with practical knowledge about the key concepts, systems, processes and procedures in international securities settlement and global custody services as well as operational risks involved.
International Securities Settlement & Global Custody Training Course in Kuwait
Course Overview:
You will have a chance to gain skills necessary to facilitate day-to-day transactions and communication processes between all parties involved as well as all stages about clearing and settlement process, the role of exchanges and clearing houses, functioning of the settlements department, role of payments in the settlements.
Course Objectives
By the end of training course, the participants will be able to:
- Practical understanding of international securities settlement processes and custodial services, key players and concepts and relationships between them
- A clear understanding of the operational risks involved in these two services
- An update on recent developments of international securities settlement and custodial services including Target 2 Settlements and MiFID
- An understanding and appreciation of the communication processes between all the parties involved in a given transaction
Course Outlines:
- Securities settlement – exploring key concepts and market context
- The relationship between exchanges and clearing houses
- Trade cycle stages
- Understanding the role of a settlement department
- The role of payment systems in securities settlements
- Settlement process including pre-settlement, settlement and reconciliation processes
- European switch to T2S (TARGET 2 Securities) and upcoming T1S settlement system
- Timing in cash management and Forex exchange
- The role and operations of CLS – Continuous Linked Settlement
- Global custody and derivatives clearing
- Core and value added services in global custody
- Identifying and managing risks in clearing, global custody and settlement
- The impact of ‘Corporate actions ‘ in custody services
- Key legal issues
- MiFID Directive
- Exploring industry trends
Frequently Asked Questions (FAQs)
How do I know if this program is right for me?
After reviewing the information on the program landing page, we recommend you submit the short form above to gain access to the program brochure, which includes more in-depth information. If you still have questions on whether this program is a good fit for you, please contact us or email us training@shaarait.com, and a dedicated program advisor will follow-up with you very shortly.
Is it a certified training course?
After completing the training course, the participant will receive a certificate of attendance from Sharaite Training Institute, which is an institute accredited by the Public Authority for Applied Education and Training as well as the Civil Service Commission in Kuwait.
Is there a prerequisite to attend the training course?
No, there is no a prerequisite for attending the training course. However, to be certified you should attend the 85% of training.
What type of certificate will I receive?
Upon successful completion of the training course, you will receive a hardcopy certificate. The certificate can be shared with employers and on social media. You can use it on your cover letter, resume, and/or display it on your LinkedIn profile. The certificate will be delivered at the last day of the training.
