EFTA Document EFTA01406948

Subject: RE: KYC Breach SOUTHFINANMD Southern From: Jimmy-H Xu Date: Tue, 17 Apr 2018 02:53:54 -0400 To: Xavier Avila Mathew Negus Akash Malhotra Cc: Joe Aglione Ian Salters Nina Tona Pankaj-A Chopra NCAOTC Derivatives Martin Zeman Alka Gopala Classification: For internal use only Financial, LLC_FFT Location [I] In general, everything should face FFT and other booking centres are only used in exceptional circumstances I believe Thanks Kind regards Jimmy {https://brandportal.intranet.db.com/img/modules/logo.gif} Jimmy-H Xu Cross Currency Swap Trading Deutsche Bank AG, CB&S - Markets Winchester House, Tel. Mobile Email Filiale London 1 Great Winchester Street, EC2N 2DB London, United Kingdom From: Xavier Avila Sent: 17 April 2018 02:30 To: Jimmy-H Xu Mathew Negus EFTA01406948 Akash Malhotra Cc: Joe A lione Ian Salters Nina Tona Pankaj A Chopra NCAOTC Derivatives ; Martin Zeman • Alka Gopala Subject: RE: KYC Breach SOUTHFINANMD Southern Financial, LLC FFT Location [I] Done, thanks. Are all the XCCYs generally booked and clients KYCed in DB AG FFT? What about EUR and GBP vanilla and inflation swaps? We might have some of those coming. Mat/Nina, who can help us with FFT extensions, same NY CMs? Thanks From: Jimmy-H Xu Date: Monday, Apr 16, 2018, 11:56 To: Xavier Avila Akash Malhotra Mathew Negus Cc: Joe Aglione , Ian Salters , Nina EFTA01406949 Tona , Panka'-A Cho ra NCAOTC Derivatives , Martin Zeman Alka Gopala Subject: RE: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] Classification: For internal use only Approved as one-off, but let's get the KYC done for FFT please Thanks Kind regards Jimmy {https://brandportal.intranet.db.com/img/modules/logo.gif} Jimmy-H Xu Cross Currency Swap Trading Deutsche Bank AG, CB&S - Markets Winchester House, Tel. Mobile Email Filiale London 1 Great Winchester Street, EC2N 2DB London, United Kingdom From: Xavier Avila [mailto: Sent: 16 April 2018 17:55 To: Mathew Negus Akash Malhotra ; Nina Tona Derivatives Alka Gopala Subject: RE: KYC reac a OTC ; artin eman NMD Southern Financial, LLC FFT Location [I] EFTA01406950 Shawn, MO, is it ok to move this trade to London pls? From: Mathew Negus Sent: Monday, April 16, 2018 9:03 AM To: Xavier Avila Cc: Shawn Staker Gopala u ject: ; Akash Malhotra NCAOTC Derivatives ; •an aj- ho ra ; Nina Tona artin Zeman reach SOUTHFINANMD Southern Financial, LLC FFT Location [I] Classification: For internal use only I would re-book to London if the desk agrees. From: Xavier Avila Sent: Monday, April 16 To: Akash Malhotra Cc: Shawn Staker Gopala 2018 7:44 AM • ; Mathew Subject: RE: KYC Ian Salters NCAOTC Derivatives Pankaj-A Chopra ; Alka Nina Tona saM ; Ian Salters Negus Martin Zeman Breach SOUTHFINANMD Southern Financial, LLC FFT Location [I] Negus, what do we do with the below? If easy extension to OTC Rates FFT we can provide docs, if not we move this to London where client is onboarded? Thanks Alka EFTA01406951 Xavier Avila Managing Director Deutsche Bank Securities Inc From: Akash Malhotra Date: Monday, Apr 16, 2018, 07:34 To: Xavier Avila Cc: Shawn Staker Gopala NCAOTC Derivatives , Pankaj-A Chopra , Alka Subject: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] Classification: For internal use only Hi Alex, For adoption location Frankfurt, the following trade has been booked in Summit application for OTC Derivative Product, details as follows: Trade ID: G175714L Summit Code: SOUTHFINANMD Date of Trade: 13/04/2018 Client Name: Southern Financial, LLC We have got your name as a sales person from Summit application. EFTA01406952 We have observed that the client is not adopted for Frankfurt location, which results in a KYC violation. In order to comply with DB's internal policies and procedures, all KYC requirements now have to be fulfilled, if the trade should stand against Deutsche Bank Kindly review your trade and where possible, please consider to rebook the trade to an adoption location, where the client is already adopted for OTC Derivative product or confirm if it is a valid trade for the particular location. Upon your confirmation, we will review the client and would request the missing documents to be obtained from the client/business as per Frankfurt location guidelines. Summit screenshot: Trade Details {cid:[email protected]} Regards Akash Malhotra Associate I Client on Boarding DBOI Global Services Private Limited Global Business Services A-1 & A-2, Evolve - Mahindra Technology Park, Inside Mahindra World City SEZ, 302029 Jai ur, India Tel. Emai Escalations Contact:- EFTA01406953 This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Please refer to https://db.com/disclosures for additional EU corporate and regulatory disclosures. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. EFTA01406954