EFTA Document EFTA01356911

Fro nali s Sent: 3/1/2019 2:26:59 PM To: Oliver Esslin e Olivier Ponc Jeffrey Roth CC: Victoria Bruce I I; Ian Salters Subject: OTC Derivative trading with CIB Attachments: OTC Derivatives Project WM Client list 03.01.19.xlsx; deutsche-bank-ag—london-branch—terms-of-business-for- professional-clients-and-eligible-counterparties.pdf homas Klemm ; Puzant Merdinian ;And Joe Hamilton ; Kimberly Hart ; Steven Mattus db.cont Bill King Classification: For Internal use only Dear All, After JAX produced the last file identifying which clients had been through the CB onboarding process, we started to do spot checks on the data as a number of queries arose. After running the exercise again it is clear that JAX inadvertently added the Umbrella accounts by mistake. After running the exercise again, this is where stand: KYC MIFO MIFID - breakdown Division Priority clients CIB Onboarded Remediate Per Se /Opt Up Remy:hate Organizations Individuals ISG 32 5 27 5 27 25 2 IWP 20 13 8 10 10 7 3 We had already engaged JAX to start the KYC emediaiton processs and will add the additon to this project. If everyone is in agreement, we will now start the remediation of the client accounts in respect of MIFID II requirements. Please let me know if anyone disagrees with the above? I spoke further with Chris J Rose this week and he was certain that if our (WM) clients have the following documents on file, there should be reason why CIB would not continue to trade with WM: • CI B Onboarding • London Terms of Business • MIFID II documentation We can discuss further on our call on Monday. Kind regards. Ian Salters ii Ian Salters COO Americas - Institutional Wealth Partners DB Securities Inc Deutsche Bank Wealth Mann anent CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0043103 CONFIDENTIAL SDNY_GM_00189287 EFTA01356911