Depository Operations Course Contents

Introduction to Capital Market

• Capital market and its role in the economy

• Structure and participants of capital market

• Regulators and regulations related to capital market

Introduction to Depository system

• Need for a depository system in India

• Key features of depository system in India

• Indian legal framework which governs the functioning of a depository

• Functions of a depository

Busines Patners

• Depository Participants

• Clearing Corporation / Clearing House

• Issuers and RTAs

Depository Participant Functions - Account Opening & Operations

• Beneficiary account

• Clearing member account

• Opening and closing procedures of depository accounts

• Freezing of depository accounts

• Procedure for changes in client details of accounts

• The Basic Services Demat Account

• Internet Based Depository Services offered by the Depositories

Deamt, Remat, Transmission & Nomination

• International Securities Identification Number (ISIN) and its importance

• Dematerialisation process

• Remateralisation process

• Transmission of securities

• Nomination for securities

• Procedure for transmission of securities

Trading & Settlement

• The role of depository participant in facilitating the transfer of securities from one account to another

• Process flow of settlement of securities in an off-market transaction

• Concepts and procedures related to settlement of securitiesutures and options data

Special Services - Pledge & Hypothecation

• Concept of pledging and hypothecation of securities

• Procedure for pledging and hypothecation of securities

• Corporate Benefits for pledged/hypothecated securities

Foreign Portfolio Investors (FPI)

• Concept of Foreign Portfolio Investors

• Eligibility criteria for a Foreign Portfolio Investor applying for FPI Registration to a

  Designated Depository Participant.

• Categories of Foreign Portfolio Investor

• Eligibility criteria of Designated Depository Participant

• Engagement of Designated Depository Participant (DPP)

Investor Services

• SCORES

• Transfer of Shares to Demat Account of IEPF Authority

• Online Resolution of Disputes in the Indian Securities Market (ODR)

Special Services - Public Offering & Corporate Actions

• The concept of corporate actions

• Terminology related to corporate actions.

• Procedure for corporate actions with respect to the monetary and non-monetary benefits

Special Services - Debt & Government innstruments

• Certificate of Deposits

• Commercial Papers

• Government Securities

• SGL and CSGL accounts

• Demat in SGL accounts