On 18 August 2016, Euroclear issued a consultation on dividends with options which closes on 7 October 2016.

 

If you pay dividends that offer elections for shareholders, this consultation is relevant to you. The proposals recommend a process change for managing CREST holder elections for scrip dividends and currency alternatives, and may also impact your dividend timetable. 

 

You can read more about these proposals in Euroclear's consultation paper.

 

We hosted a webinar on Thursday 15 September to explain more about the consultation and its implications.

 

Want to watch the webinar?  You can now view a recording to hear more about these proposed processing changes. You can also download a copy of the presentation.