Väärtpaberihaldaja

Väärtpaberihaldaja, also known as a securities administrator or custodian bank, is a financial institution responsible for safeguarding a client's financial assets, such as stocks, bonds, and other securities. These entities play a crucial role in the financial markets by holding and administering these assets on behalf of their clients, which can include individuals, corporations, investment funds, and pension funds.

The primary functions of a väärtpaberihaldaja include settlement of trades, ensuring that securities are correctly transferred and payments are made. They also handle corporate actions, such as dividend payments, stock splits, and rights issues, ensuring that clients receive their entitlements. Another key responsibility is safekeeping of securities, which involves physical or electronic holding to prevent loss or theft.

Väärtpaberihaldajad also provide services like proxy voting, where they vote on behalf of clients at shareholder meetings, and tax reclaim services, assisting clients in recovering taxes withheld on investment income. They are subject to strict regulatory oversight to ensure the safety and integrity of the assets they manage. This regulatory framework aims to protect investors and maintain stability within the financial system. The services provided by a väärtpaberihaldaja are essential for the efficient and secure operation of investment activities.