Accounting policies for the consolidated balance sheet and profit and loss account (continued)
Principles of valuation and determination of results (continued)
Fiduciary activities
The Group commonly acts as trustee and in other fiduciary capacities that result in the holding or placing of assets on behalf of individuals, trusts, retirement benefit plans and other institutions. These assets and income arising thereon are excluded from these financial statements, as they are not assets of the Group.
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