Corporate Actions Purpose Guide the processing and management of corporate actions in securities operations. Covers mandatory actions (dividends, splits, mergers), voluntary actions (tender offers, rights offerings, optional dividends), corporate action lifecycle from announcement through payment/settlement, record date and ex-date mechanics, client notification, election processing, and impact on portfolio accounting and reconciliation. Enables building or operating corporate actions processing that is accurate, timely, and properly reflected across all systems. Layer 12 — Client Operations…