Form descriptions – Japan: O-Z – CFCL (Vestima)

One-Time Certificate for Japanese Listed ETFs and REITs / One-Time Certificate for Japanese Listed ETFs and REITs - Own Assets

One-time certification that provides information regarding Clearstream Fund Centre's client, stating that the client will comply with the Clearstream Fund Centre's relief/exemption at source procedure.

The different versions of this one-time certificate are for use as follows:

• One-Time Certificate for Japanese Listed ETFs and REITs is for use by clients that are not the sole beneficial owners of the securities in the account;
• One-Time Certificate for Japanese Listed ETFs and REITs - Own Assets is for use by clients that are the sole beneficial owners of the securities in the account (proprietary assets).

Payment BreakdownA Payment Breakdown that provides information regarding the beneficial owner(s) and the respective DTT rate(s). The Payment Breakdown must be submitted via Clearstream Fund Centre's Upload Beneficial Owner List facility.How many are provided?One per Clearstream Fund Centre account.Who completes it?Client.How often is it provided?Listed, ETFs and REITs:
- Client is sole beneficial owner: once. Valid until revoked.
- Client is not sole beneficial owner: per payment and per ISIN.When is it provided?
Listed  REITs: at the latest, five business days after the relevant income record date by 10:00 CET.

Listed ETFs: at the latest, three business days after the relevant income record date by 10:00 CET.Copy or original?Original required.Payment Breakdown Confirmation MessageHow many are provided?One per Clearstream Fund Centre account.Who completes it?Client.How often is it provided?Once. Valid until revoked.When is it provided?Listed REITs: at the latest, five business days after the relevant income record date by 10:00 CET.

Listed ETFs: at the latest, three business days after the relevant income record date by 10:00 CET.Copy or original?Original required.Power of Attorney to Clearstream Fund CentreThe Power of Attorney is executed by the beneficial owner granting Clearstream Fund Centre the right to request tax relief at source and a tax refund.How many are provided?One per beneficial owner.Who completes it?Beneficial owner.How often is it provided?The original must be provided. Valid until revoked^aWhen is it provided?Listed REITs - Relief at source: at the latest, five business days after the relevant income record date by 10:00 CET.Listed ETFs - Relief at source: at the latest, three business days after the relevant income record date by 10:00 CET.Listed ETFs and REITs - Standard refund: at the latest, three months before the statutory deadline.Copy or original?Original required.a. For reclaims, the Power of Attorney must be notarised. In the case of a client holding third party assets, the Power of Attorney from the Beneficial Owner to Clearstream Fund Centre should be supplemented with a Cover Letter signed by the Clearstream client (two authorised signatories) and confirming that the signatures on the Power of Attorney are true and valid.