Pursuant to the provisions of Cabinet Office Order, a principal bank must give guidance on the services involved in bank agency services that its bank agent performs and take other measures to ensure sound and appropriate management of those services.
Pursuant to the provisions of Cabinet Office Order, a principal bank agent (meaning a bank agent that further entrusts another bank agent with bank agency services; the same applies hereinafter) must give guidance on the services involved in bank agency services that the secondary bank agent (meaning a bank agent that carries out bank agency services on re-entrustment from a principal bank agent; the same applies hereinafter) performs, and take other measures to ensure sound and appropriate management of those services.