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Safekeeping Certificate

What is 'Safekeeping Certificate'

A document that represents ownership of a security or certificate of deposit. Safekeeping certificates are the investor's claim against the institution that is holding his or her financial instruments. These documents are most commonly used to facilitate international securities trading and foreign investment; they benefit both the companies and investors who use them.

Explaining 'Safekeeping Certificate'

Depositary receipts are a common example of safekeeping certificates. These documents often represent ownership of securities issued and traded outside the United States. Depositary receipts can be bought and sold like stocks and can help investors diversify their holdings.

Other methods for investing internationally include purchasing U.S.-traded international stocks, purchasing stock in U.S.-based multinational corporations, and investing in international index funds and foreign country mutual funds through U.S. brokerages. When assets are placed with a broker, a safekeeping certificate is issued.


Further Reading


A place for safekeeping: Ensuring responsibility, trust, and goodness in the Alliance Digital Repository
www.tandfonline.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

Subscriber financing of telecommunications investmentSubscriber financing of telecommunications investment
www.sciencedirect.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

Bank–firm relationships, financing and firm performance in GermanyBank–firm relationships, financing and firm performance in Germany
www.sciencedirect.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

The law and economics of hedge funds: Financial innovation and investor protectionThe law and economics of hedge funds: Financial innovation and investor protection
heinonline.org [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

Islamic Finance—An OverviewIslamic Finance—An Overview
link.springer.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

Measuring financial service output and prices in commercial bankingMeasuring financial service output and prices in commercial banking
www.tandfonline.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

Embedding Islamic Financial System (IFS) in the curricula of schools in NigeriaEmbedding Islamic Financial System (IFS) in the curricula of schools in Nigeria
www.infinitypress.info [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …

An overview of Islamic financeAn overview of Islamic finance
www.worldscientific.com [PDF]
… repository, simply defined, is a place where something can be stored for safekeeping … of a consortial approach to establishing core repository services, financial and otherwise … Center for Research Libraries' (CRL's) “Trustworthy Repositories Audit & Certification (TRAC): Criteria …



Q&A About Safekeeping Certificate


What is a safekeeping certificate?

A document that represents ownership of a security or certificate of deposit.

How do you invest in stocks internationally using safekeeping certificates?

You can buy and sell these documents like stocks, which helps you diversify your holdings.

Who uses safekeeping certificates?

Safekeeping certificates are used by investors to facilitate international securities trading and foreign investment.

Are there other ways to invest internationally?

Yes, there are other methods for investing internationally including purchasing U.S.-traded international stocks, purchasing stock in U.S.-based multinational corporations, and investing in international index funds and foreign country mutual funds through U.S. brokerages. When assets are placed with a broker, a safekeeping certificate is issued as proof of ownership over the asset being held on behalf of the investor.

What are some examples of safekeeping certificates?

Depositary receipts are one example of a safekeeping certificate.

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