Objective, functions and history

Objective and functions

To develop the trust system and increase the public benefit, The Trust Companies Association of Japan conducts operations such as:

  1. Research and studying of materials concerning trusts
  2. Planning and research on methods to improve trust business and trust service
  3. Making proposals to the relevant authorities and agencies and providing a coordinating role for mutual communication
  4. Planning and promoting of trust research
  5. Promotional activities concerning the social function of trusts
  6. Activities to improve the convenience and protect the users of trusts
  7. Planning and consulting, dealing with , complaints, and resolving dispute

History

The Trust Companies Association (a private organization) was originally established in February 1919. Its name was changed to the Trust Companies Association of Japan in 1923 when the Trust Act and the Trust Business Act were enacted. In January 1926, with the approval of the Ministry of Finance as the competent government agency at that time, the association changed its legal status and became incorporated. Subsequently, with the amendments to the public interest corporations system, the association changed its legal status in October 2011 to that of a “general incorporated association.”

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