Course 06 of 20 · Emissions and Carbon Desk Academy

Registries, Transfers & Retirement

Stage B, Obligation, custody and counterparty assessment. Level 3 of 10.

Account structure, unit serialisation, transfer, retirement and cancellation mechanics, and the audit trail they produce.

112 chapters · 10 modules · every chapter one 8 to 10 minute explainer · builds on: Course 03, Course 04, Course 05

Enrol or enquire See the 112 chapters
How a chapter is delivered

One chapter is one idea taken to the point of use

Each chapter covers one idea to the point where you can use it, and comes two ways: a narrated explainer, and a deep dive audio discussion of around thirty minutes that works the same material at depth.

Self-paced throughout, and the same chapters can be taught as a cohort. Chapters run in order: each one assumes only what the chapters before it taught, and capability belonging to a later course is named and deferred rather than half-covered.

Curriculum

10 modules · 112 chapters

Open any module for its full chapter list, in teaching order.

M0 The Registry Layer of a Carbon Market Ch 1-11
  1. The System of Record Behind Every Carbon Trade
  2. Why One Tonne Must Sit in One Account Only
  3. A Registry, an Exchange and a Clearing House Are Not the Same Thing
  4. Who Operates a Registry and Who Appoints Them
  5. Compliance Registries and Voluntary Registries Side by Side
  6. The Public Face and the Private Ledger
  7. Three Questions Only the Ledger Can Settle
  8. The Words Used on the Registry Desk
  9. Where Registry Work Sits in a Transaction
  10. What Goes Wrong When Nobody Owns the Ledger
  11. The Shape of the Registry Problem and What It Hands On
M1 Admission: Getting and Keeping an Account Ch 12-22
  1. Account Opening as a Regulated Admission
  2. Which Legal Entity Should Hold the Account
  3. Authorised Representatives and What They Can Bind
  4. Identity Evidence and the Beneficial Owner Question
  5. Grounds on Which an Application Is Refused
  6. Admission Lead Time Against the Surrender Date
  7. Fees, Annual Charges and the Dormant Account
  8. Opening in an Unfamiliar Registry, Worked
  9. One Group, Several Accounts
  10. Suspension and the Trading Consequences
  11. Closing an Account Without Stranding a Balance
M2 Account Architecture Ch 23-34
  1. Holding, Compliance and Terminal Accounts Distinguished
  2. The Operator Holding Account in the Union Registry
  3. A Trading Account and Why It Is Treated Differently
  4. Holding Limits and the Account That Cannot Grow
  5. Government, Allocation and Auction Delivery Accounts
  6. The Project Proponent Account in a Voluntary Registry
  7. Retirement and Cancellation Accounts as Destinations
  8. The Buffer Account as a Registry Construct
  9. Escrow, Pledge and the Account Someone Else Controls
  10. Sub-accounts, Folders and Internal Labelling
  11. Mapping a Group Structure onto Account Design
  12. Designing for the Audit Before You Need It
M3 Serialisation and Unit Identity Ch 35-46
  1. What a Serial Number Actually Identifies
  2. Block Issuance and the Serial Range
  3. Splitting a Block and What the Split Leaves Behind
  4. Vintage as a Field on the Record
  5. Project, Methodology and Country Fields
  6. Serial Formats Are Registry-Specific
  7. Allowance Identity in a Compliance Scheme
  8. Labels, Tags and Attributes Bolted onto a Unit
  9. Eligibility Flags and the Unit a Scheme Will Not Accept
  10. Reading a Serial String as Evidence of Origin
  11. Two Registries, One Tonne: the Identity Collision
  12. Building an Internal Unit Register
M4 Issuance and Entry into an Account Ch 47-56
  1. Issuance Is a Ledger Event, Not a Verification Outcome
  2. The Issuance Request and the Pack Behind It
  3. Free Allocation Landing in an Installation's Account
  4. Auction Volume Delivered to a Successful Bidder
  5. The Registry Leg of an Exchange-Settled Contract
  6. Deductions Taken at the Moment of Issuance
  7. Partial Issuance and the Volume Held Back
  8. Issuance Errors, Withdrawal and Reissuance
  9. Three Dates That Are Routinely Confused
  10. An Issuance Followed Through, Illustratively
M5 Executing a Transfer Ch 57-68
  1. The Transfer Instruction, Field by Field
  2. Trusted Account Lists and the Waiting Period Behind Them
  3. Four Eyes on the Way Out
  4. Settlement Windows, Cut-offs and the Registry Clock
  5. Confirmation, Receipt and What You Keep
  6. A Transfer Sent to the Wrong Account
  7. Irreversibility and the Limits of Recovery
  8. Choosing Which Units to Send
  9. Moving Volume Between Accounts of the Same Group
  10. Bulk Instructions and the File Upload
  11. Transaction Fees and the Cost of Moving
  12. A Transfer That Must Settle Today
M6 Registry Controls, Fraud and Operational Risk Ch 69-78
  1. The Instruction That Looked Entirely Genuine
  2. Credentials, Devices and Who Can Actually Log In
  3. Segregation of Duties in Registry Administration
  4. The Dormant Account Nobody Was Watching
  5. Replacing a Representative Under Time Pressure
  6. Stolen Units and the Problem of a Tainted Holding
  7. Freezes, Market Suspension and the Stopped Ledger
  8. Writing a Control Matrix for Registry Operations
  9. Independent Review of Registry Activity
  10. What Registry Controls Cannot Prevent
M7 Terminal Events: Surrender, Retirement and Cancellation Ch 79-90
  1. Three Ways a Unit Stops Existing
  2. Executing a Surrender in a Compliance Registry
  3. Eligibility Restrictions on What May Be Surrendered
  4. Over-Surrender, Under-Surrender and Correction
  5. Retirement in a Voluntary Registry
  6. The Retirement Record and Its Fields
  7. Naming a Beneficiary on a Retirement
  8. Retiring on Behalf of Someone Else
  9. Cancellation Without a Claim Attached
  10. A Cancellation Drawn Against a Reversal
  11. Voluntarily Cancelling Allowances
  12. How Final a Terminal Event Really Is
M8 The Audit Trail the Ledger Produces Ch 91-101
  1. The Transaction Log as Primary Evidence
  2. Pulling a Statement of Holdings
  3. Exporting Transaction History and Its Limits
  4. Reconciling the Registry to the Internal Ledger
  5. Reconciling Registry Holdings to the ETRM Position
  6. Four Causes of a Reconciliation Break
  7. What an Assurance Provider Asks to See
  8. What a Regulator Asks to See
  9. Serial-Level Traceability from Issuance to Retirement
  10. Retaining Registry Evidence, and for How Long
  11. Assembling a Registry Audit File
M9 Operating Across Registries, and the Limits Ch 102-112
  1. Feeding Registry Data into the ETRM
  2. Programmatic Access and Scheduled Reporting
  3. Running Several Registries at Once
  4. When a Unit Must Move Between Programmes
  5. Units Held Through a Custodian or Nominee
  6. What a Registry Does and Does Not Prevent
  7. A Compliance Year Through the Ledger, Part One
  8. A Compliance Year Through the Ledger, Part Two
  9. A Corporate Retirement, Worked
  10. Registry Mechanics When the Rules Change
  11. What the Ledger Cannot Tell You

The brochure gives each of these 112 chapters a paragraph on what it covers and what you can do once you have worked through it.

This is course 6 of twenty

It stands alone, and it is also the entry point to the Emissions and Carbon Desk Academy pathway.

Enrol or enquire See the whole pathway