Do non-standard trusts need custody qualification?

Need. Non-standard trust refers to trust products that are not publicly issued. Usually, trust companies cooperate with investors with certain strength to invest trust funds in some non-public, non-circulation and high-risk investment projects. According to the provisions of the Measures for the Administration of Trust Companies, non-standard trusts need to choose financial institutions with custody qualifications as custodians to ensure the safety and legality of trust assets, so non-standard trusts need custody qualifications. Qualification refers to the qualification and ability of an enterprise to engage in business activities such as engineering design and construction.