- registrar
- financial institution appointed to record issue and ownership of company securities. Bloomberg Financial Dictionary————This is the department or organisation appointed by a company responsible for the upkeep of a legal record (the register) of the company's shareholders. Dresdner Kleinwort Wasserstein financial glossary————The party that is responsible for keeping track of the owners of securities. In the context of funds, the party appointed by the fund management company that keeps the investor registry of the fund, and administers investor accounts and related records. These records represent the liability accounts of the fund management company. It prepares and distributes account statements (holdings and transactions) to the investor and/or its intermediary, on a periodical or upon request basis. It may provide tax information to the investor and/or to its intermediary, can be the corporate secretary for the proxy voting, reports to the regulator on shareholder identity, and can appoint the sub-registrar. Euroclear Clearing and Settlement glossary————The registrar is responsible for keeping track of the owners of bonds and the issuance of stocks. Working with the transfer agent, the registrar keeps current files of the owners of a bond issue and the stockholders in a corporation. The registrar ensures that no more than the authorized amount of stock is in circulation. If the registrar and transfer agent are the same company, then there must be a Chinese Wall separating the functions. Exchange Handbook Glossary————An organisation that maintains a register of the share owners and the number of shares held for a company. It also makes sure that the number of shares issued are not more than the number of shares authorised. This role is usually carried out by a bank. Financial Services Glossary————An organisation responsible for maintaining a company's share register. London Stock Exchange Glossary
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the person whose duty is to record changes in the people who own the shares of a company. The registrar is usually someone who works for the company:• The Companies Act provides for registrars to give complete shareholder lists to persons on payment of a fee.
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The body responsible for keeping a record of the company's shareholders. When securities are dealt in book entry form and no certificates are issued, it is particularly important to have an accurate list of shareholders.* * *
registrar UK US /ˌredʒɪˈstrɑːr/ noun [C]► LAW, STOCK MARKET a person or organization whose job is to keep official records, especially of changes in who owns shares in a company: »The stockbroker will conduct the transaction on screen and notify the share registrar, all with the press of a button.
Financial and business terms. 2012.
