Over-the-counter operations for trust services
Agents for Trust Agreements
Agents for Trust Agreements act as Agencies for Trust Agreements (intermediation or acting as an agent in entering into a trust agreement) and can be individuals or corporations registered with the Prime Minister. In addition, apart from being agents for trust agreements, such agencies handle various requirements related to inheritance operations by entering into agency agreements for such operations.
Apart from financial institutions, individuals and non-financial corporations are currently conducting business as agents for trust agreements and agencies for inheritance related operations.
Financial Instruments Business Operators
Type II Financial Instruments Business Operators defined under the Financial Instruments and Exchange Act can also sell Trust Beneficial Interests in accordance with that Act.
Trust Banks | Expansion of trust managers under the 2004 amendments to the Trust Business Act | Over-the-counter operations for trust services