Handbook of Investment Administration

About the author. Introduction. PART I: INTRODUCTORY ELEMENTS. 1. WEALTH MANAGEMENT. 1.1 Introduction. 1.2 Wealth management market. 1.3 Types of business. 1.4 Investment services and products. 1.5 Investment firms. 1.6 Investment administration. PART II: INVESTMENT ADMINISTRATION. 2. NEW AND CLOSING BUSINESS. 2.1 Introduction. 2.2 New business. 2.3 Client types. 2.4 Know your customer. 2.5 Agreements. 2.6 Account opening. 2.7 Money laundering. 2.8 Validating the assets. 2.9 Transferring assets. 2.10 Raising assets. 2.11 Closing business and transfers. 2.12 Death of a client. 3. TRADING. 3.1 Introduction. 3.2 Stock market developments. 3.3 Equity trading. 3.4 Bond trading. 3.5 Regulation. 4. SETTLEMENT. 4.1 Introduction. 4.2 Fundamentals of settlement. 4.3 Settlement process. 4.4 UK settlement. 4.5 International settlement. 5. CORPORATE ACTIONS. 5.1 Introduction. 5.2 Corporate actions industry. 5.3 Types of event. 5.4 Private client corporate action processing. 5.5 Corporate events. 5.6 Income events. PART III: OTHER CONSIDERATIONS. 6. CUSTODY. 6.1 Introduction. 6.2 Protection of client assets. 6.3 Segregation of safe custody assets.. 6.4 Use of a custodian. 6.5 Nominee companies. 6.6 Global custodians. 6.7 Selecting a custodian. 6.8 Custody agreements and SLAs. 6.9 Reviewing the suitability of custodians. 7. TAX. 7.1 Introduction. 7.2 Income tax. 7.3 Tax treatment of dividends. 7.4 Capital gains tax. 7.5 Residence and domicile. 7.6 Withholding tax. 7.7 EU savings directive. 8. POWERS OF ATTORNEY. 8.1 Introduction. 8.2 Background. 8.3 Parties and terminology. 8.4 Enduring power of attorney. 8.5 Receiverships. 8.6 Mental capacity act 2005. 8.7 Administration. 9. OUTSOURCING. 9.1 Introduction. 9.2 Development of outsourcing. 9.3 Risks associated with outsourcing. 9.4 Regulatory principles. PART IV: INVESTMENT ACCOUNTS AND PRODUCTS. 10. INDIVIDUAL SAVINGS ACCOUNTS (ISAS). 10.1 Introduction. 10.2 Development of ISAs and PEPs. 10.3 Organisation and regulation. 10.4

Kevin Rothwell has spent his entire working life within the Financial Services Industry and his hands-on experience has given him a detailed knowledge of such areas as private client investment management, investment administration and dealing, settlement and custody. He has held senior posts in both front office and back office positions with and has undertaken a varied portfolio of investment projects.

More recently Kevin has set up his own company that excels in providing specialised and bespoke consultancy and training for a number of large financial institutions both at home and abroad.

Already a Fellow of the Securities and Investment Institute, he was delighted to have been made a Senior Technical Advisor for them. As well as teaching towards the Securities and Investment Institutes post-graduate Diploma in Investment Operations, Kevin is also the author of International Certificate in Financial Advice Workbook which is published by the SII.