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Key features of fiduciary transactions
Confidentiality – the Bank assumes the role of an intermediary in the transaction, and you do not have a direct legal relationship with the counterparty.
Acting as the intermediary, the Bank ensures a higher degree of protection of client’s assets; however, it is important to keep in mind that you bear all the risks arising from the fiduciary transaction, as well as independently make all decisions related to the transaction.
The Bank will take care of the administration of the fiduciary transaction and the settlement of legal issues.
