[I]
>
Classification: For internal use only
Daphne,
See below.
Regards,
Brad
; Stewart Oldfield
Cc: Richard Iarossi
; Mayur Rathod
•ca
[I]
Hi Brad,
As discussed, following is the excerpt regarding treatment of major donors
in Foundation entities as per our latest KOP —
fcid:
[email protected]
As discussed, this donation was received in 2015, and there have been 2 KYC
cases approved since then (2016 & 2017) which did not identify this donor,
so we are checking internally on why is this EDR required now? I am waiting
EFTA01407967
for feedback from Daphne and I will get back to once I hear from her on
this, thanks.
Kind Regards,
{cid:1
[email protected]}
Vijay Sawant
KYC Case Representative
Deutsche CIB Centre Private Limited - Deutsche Bank Group
Wealth Management
B1, DB Centre Mumbai, Nirlon Knowledge Park, Western Express Highway
Goregaon East, Mumbai - 400063 , India
Tel.
Mobile
; Stewart Oldfield
Cc: Richard Iarossi
; Mayur Rathod
Sub'ect: RE: Assistance Required in Resolving Rejection Points KYC # -
[I]
Classification: For internal use only
Hi Vijay,
Please send the KYC policy, specifically for a Foundation, regarding below.
Thanks.
EFTA01407968
Kindly confirm whether this donation constitutes 10% or more of the
Gratitude's total assets? If yes, we would require constitutional docs for
BV70, LLC (i.e constitutional docs, formation docs, ownership details, etc)
Regards,
Brad
fcid:
[email protected]
Bradley Gillin
Vice President
Deutsche Bank Wealth Management
345 Park Avenue, 24th Fl
New York, NY 10154
Tel.
Fax
Email
Securities offered through Deutsche Bank Securities Inc.
Cc: Bradle Gillin <
; Mayur Rathod
; Richard Iarossi
Good Morning Stewart,
We are in receipt of following rejection points for Gratitude America Ltd,
see my comments in red fonts -
EFTA01407969
Your KYC has been rejected.
Case #:
Relationship: SOUTHERN FINANCIAL RELATIONSHIP Customer Name: Gratitude
America Ltd Customer Number:
Reason for Rejection:The case was
not reviewed in its entirety due to the below issues. Once this has been
resolved, we will review the case. This will now be treated as an EDR.
1) As per the 2015 Form 990 (attached to the KYC by AFC), BV70 LLC donated
$10MM to this foundation and thus making them a "significant Donor". We need
to fully KYC this entity. Please provide the required documentation and
information. — As per attached Form 990 (from 2015), we can see that entity
BV70, LLC donated $10 million to Gratitude. Kindly confirm whether this
donation constitutes 10% or more of the Gratitude's total assets? If yes, we
would require constitutional docs for BV70, LLC (i.e constitutional docs,
formation docs, ownership details, etc)
2) Please provide ExCo approval as this is now an EDR. — Please provide
since this is an EDR.
3) Please provide the FinCEN form. — If BV70, LLC is to be considered as UBO
as per point 1, then revised CDD form required with updated section c.
To view the KYC click here https://dbforcepb.my.salesforce.com/-
Thanks & Regards
fcid:1
[email protected]
Vijay Sawant
KYC Case Representative
Deutsche CIB Centre Private Limited - Deutsche Bank Group
Wealth Management
B1, DB Centre Mumbai, Nirlon Knowledge Park, Western Express Highway
Goregaon East, Mumbai - 400063 , India
Tel.
Mobile
EFTA01407970
fcid:1
[email protected]
Mayur Rathod
KYC Case Representative
Deutsche CIB Centre Private Limited
Wealth Management
Floor 1, Bl, DB Centre Mumbai
Nirlon Knowledge Park, Western Express Highway, Goregaon East, Mumbai
400063, India
Tel.:
Email:
EFTA01407971