The Mortgage Corporation of Japan, Limited. (Head Office: Shibuya-ku, Tokyo, President and CEO: Naohiro Ando) announced its participation in the "AI Agent x Financial Transactions Subcommittee" (hereinafter referred to as "this Subcommittee"), jointly established within the DID/VC Co-creation Consortium (Decentralized Identifier / Verifiable Credential Co-creation Consortium, hereinafter referred to as DVCC*1) organized by Mitsubishi UFJ Financial Group, Inc. (President and Group CEO: Junichi Hanzawa) and MUFG Bank, Ltd. (President: Hiroshi Kubota, hereinafter referred to as MUFG Bank). This Subcommittee will examine issues related to ensuring the reliability, safety, and transparency of transactions, as well as practical, legal, and governance challenges, with a view to an era where AI agents autonomously execute financial product transactions on behalf of financial institution customers (hereinafter referred to as users). In particular, it will focus on the appropriate delegation of authority from users to AI agents, defining and verifying the scope of delegation, and the verifiability of transaction execution results. Furthermore, as a supporting mechanism, it will confirm the potential use of Verifiable Credentials (VC) and their implementation requirements, including consistency with relevant laws and regulations. Joint Research Companies for the AI Agent x Financial Transactions Subcommittee (in Japanese syllabary order) 1. Background and Objectives of Establishing This Subcommittee In recent years, advancements in generative AI and AI agents have led to the implementation of agentic commerce, where transactions are autonomously executed on behalf of users, going beyond mere decision support. Overseas, standardization of technology for agency transactions by AI agents is progressing, primarily in the fields of commercial transactions (EC) and payments. On the other hand, applying this to financial product transactions in Japan requires compliance with multiple