Bouleversee wrote: So we need to find out whether our brokers/platforms do transfer our shares to custodians and who the latter are.
I would expect the position to be declared on the Company website.
Interactive Investor for example.
In the UK the group operates an execution-only broker service under the interactive investor brand name, looking after over £21bn of assets on behalf of 300,000 customers. This service is provided by Interactive Investor Services Limited, which is authorised and regulated by the FCA. Your legal agreement is with this company and your investments are registered in the name of Interactive Investor Nominee Services Limited.
Interactive Investor Services Limited does not operate as a bank, does not have any exposure to under-performing assets (including sub-prime) and does not lend any of the stock it holds for customers.
https://www.hl.co.uk/security-centre/ho ... investment
Stocks protected in nominee accounts with you as beneficial owner
Stock you hold with us is held in the name of or to the order of Hargreaves Lansdown Nominees Limited, or by an approved third party custodian. Hargreaves Lansdown Nominees Limited is a non-trading company so it cannot run up liabilities of its own and Hargreaves Lansdown accepts full liability for any default by our nominee company. We maintain detailed records of all your investments and assets for which you will at all times remain the beneficial owner. We do not lend stock held in our HL or PMS service.
Our senior management and CASS Committee are responsible for periodic reviews of the nominees with which stock is deposited.