> For the complete documentation index, see [llms.txt](https://t-blocks.gitbook.io/t-blocks-documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://t-blocks.gitbook.io/t-blocks-documentation/issuance-process/step-2-subfund-creation-and-service-provider-coordination.md).

# Step 2 — SubFund Creation & Service Provider Coordination

**Objective.** Formally establish the SubFund within T-Blocks Trio Fund and coordinate all service providers.

**Activities.**

* SubFund creation: the Management Company formally creates the SubFund in accordance with the Management Regulations and the Securitisation Law 2004
* Specific Management Regulations: finalised and executed
* Banking setup: SubFund bank account opened at Swissquote (or designated banking partner)
* Audit engagement: Forvis Mazars confirms audit scope for the new SubFund
* Tax structuring: Deloitte confirms tax structure and reporting obligations
* Digital infrastructure: if the instrument will be tokenized, the token smart contract is prepared and the digital issuance infrastructure is configured

**Outputs.** SubFund formally established, bank account operational, all service providers engaged, legal documentation finalised.