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28 February 2018

Key Principles for Coordination and Collaboration with Settlement Agents for Electronic Settlement Systems

Standard Chartered Bank, Tokyo Branch

We recognize the importance of open innovation and in the view that the Bank’s API services are yet to be implemented with clients in Japan, it is premature to initiate relations with a third-party vendor. Therefore, as of February 28th, 2018, collaboration with settlement agents will remain on hold. This will be reviewed periodically, and this announcement will be updated if there are any changes.