Structure for entrusting assets | Japan Trustee Services Bank, Ltd.

The base trust agreement (e.g. an agreement for Shitei-tan and an agreement for Tokkin), which had been concluded between a customer and Resona Bank and/or Sumitomo Trust and/or Chuo Mitsui Asset Trust, remains to be valid, provided a clause that «the trust assets and a part of securities processing services could be entrusted to a third party» is added.

·Resona Bank and/or Sumitomo Trust and/or Chuo Mitsui Asset Trust conclude the trust agreement (Sai-Shintaku agreement) with JTSB, under which Resona Bank and/or Sumitomo Trust and/or Chuo Mitsui Asset Trust entrust trust assets and a part of securities processing services to JTSB. .


Resona Bank and/or Sumitomo Trust and/or Chuo Mitsui Asset Trust (as a trustee of the base trust agreement) ·Primary contacts with customer ·Responsible for an appointment and supervision of JTSB (as a settlor of Sai-Shintaku agreement) ·Exercise of the supervisory right against JTSB Japan Trustee Services Bank (as a trustee of Sai-Shintaku agreement) ·Responsible for customers in the same way and same degree with the trustee of base trust agreement based on the tripartite agreement concluded with customers and Resona Bank and/or Sumitomo Trust and/or Chuo Mitsui Asset Trust.