VESSLabs Inc. (Headquarters: 1-23-14 Kamina, Shibuya-ku, Tokyo; hereinafter "[VESS]") has jointly established the "AI Agent × Financial Transactions Subcommittee" (hereinafter "the Subcommittee") with Mitsubishi UFJ Trust and Banking Corporation (hereinafter "Mitsubishi UFJ Trust and Banking") as part of the DID/VC Co-Creation Consortium (Decentralized Identifier / Verifiable Credential Co-creation Consortium; hereinafter "DVCC"*1). The Subcommittee will look ahead to an era in which AI agents*2 autonomously execute financial product transactions on behalf of financial institution customers (hereinafter "users"), and will examine issues related to ensuring transaction reliability, security, and transparency, as well as practical, legal, and governance challenges. In particular, the Subcommittee will focus on appropriate delegation of authority from users to AI agents, organizing key discussion points such as defining and proving the scope of delegation and verifying transaction outcomes. Additionally, the Subcommittee will assess the potential use and implementation requirements of Verifiable Credentials (VCs) as a supporting framework, including alignment with relevant laws and regulations. Participating Companies in the AI Agent × Financial Transactions Subcommittee (listed alphabetically) 1. Background and Objectives of Establishing the Subcommittee In recent years, advances in generative AI and AI agents have led to the development of agentive commerce, where AI agents autonomously conduct transactions on behalf of users, going beyond merely supporting user decision-making. Overseas, standardization of technologies related to AI agent-mediated transactions is progressing, particularly in e-commerce and payment sectors. In contrast, applying such technologies to financial product transactions in Japan requires addressing multiple legal and governance requirements, including customer protection, disclosure obligations, anti-money laundering and counter-terrorism f