Dematerialisation
There is a proposal to improve the automation of share ownership and transfer by moving to a system known as "dematerialisation". This will reduce the amount of paper associated with the ownership and transfer of shares.
The Institute of Chartered Secretaries and Administrators is currently running a consultation about this. The consultation addresses how dematerialisation is proposed to work, what the security features are, issues to be resolved and how the market will migrate to the new system.
To find out more, click here to download a brochure on dematerialisation.