IHTM18073 - Action when notified of listed investments: type of check

After you have decided whether a stockbroker’s valuation (IHTM18072) is provided, review what type of check is required.

Full check

You will need a full check if

• you are in any way unsure of whether the investments are listed
• the values given are estimates or appear to be in round figures
• you have any reason to suspect that the values are doubtful

If a full check is required, refer the holdings to PC&S to consider, by form 516 (IHTM18080) where appropriate. Endorse the referral “Full check” and inform PC&S why this is required.

If a full check is not necessary, consider a limited check:

Limited check

(This text has been withheld because of exemptions in the Freedom of Information Act 2000)

• refer to PC&S for a “limited check”, by form 516 where appropriate.

The separate share check section (IHTM18021) will tell you what checks PC&S undertake.

Foreign shares

Refer any foreign shares to Shares and Asset Valuation (Foreign) on form 516.