EFTA Document EFTA01406955

Subject: RE: KYC Breach SOUTHFINANMD Southern Financial, LLC FFT Location [I] From: Akash Malhotra Date: Tue, 17 Apr 2018 10:19:48 -0400 To: Nina Tona Mathew Negus Jimmy-H Xu Xavier Avila Cc: Joe Aglione < Ian Salters Pankaj-A Chopra NCAOTC Derivatives Martin Zeman Alka Gopala Classification: For internal use only Hi Xavier, The trade is still reflecting under FFT location. Request you to action and confirm. fcid:image003.png@OlD3D685.2E5C94501 Quote fcid:image004.png@OlD3D685.2E5C94501 Unquote 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 - EFTA01406955 SEZ, 302029 Jai ur, India Tel. Emai Escalations Contact:- From: Nina Tona Sent: Tuesday, April 17, 2018 6:02 PM To: Mathew Negus Xavier Avila Cc: Joe Aglione Panka*-A Chopra > ; Jimmy-H Xu < ; ash Malhotra n Salters ; NCAOTC Derivatives ; Martin Zeman < :.; Alka Gopala Subject: RE: KYC Breach SOUTHFINANMD Southern Financial, LLC FFT Location [I] Classification: For internal use only Mat — let me know if I can help you with this. Thank you Nina Tona KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DBSI or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and EFTA01406956 related matters discussed herein are provided for discussion purposes only, and strictly on a non-advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential and personal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DBSI or any of its affiliates. From: Mathew Negus Sent: Tuesday, A ril 17, 2018 7:11 AM To: Jimmy-H Xu vier Avila Akash Malhotra Cc: Joe A lione >; Ian Salters ; Nina Tona hopra < NCAOTC Derivatives ; Martin Zeman Alka Gopala Subject: RE: KYC Breach SOUTHFINANMD Southern Financial, LLC FFT Location [I] I'll check who should handle the product extension to FFT. I expect it will be the US team. Jimmy, FYI, I still see mostly London as the primary adoption location for OTC Derivs. Best, Mathew From: Jimmy-H Xu az. EFTA01406957 Date: Tuesday, Apr 17, 2018, 2:53 AM To: Xavier Avila , Mathew Negus Akash Malhotra Cc: Joe Aglione Tona Derivatives Alka Gopala Ian Salters , Nina , Pankaj-A Chopra , NCAOTC >, Martin Zeman >, Subject: RE: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] Classification: For internal use only 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, Filiale London CB&S - Markets Winchester House, 1 Great Winchester Street, EC2N 2DB London, United Kingdom Tel. Mobile Email EFTA01406958 From: Xavier Avila Sent: 17 April 2018 02:30 To: Jimmy-H Xu < ; Mathew Negus Akash Malhotra Cc: Joe Aglione < ; Ian Salters < Nina Tona >; Pankaj-A Chopra NCAOTC Derivatives ; Mar in eman Alka Gopala Subject: RE: KYC Done, thanks. Breach SOUTHFINANMD Southern Financial, LLC FFT Location 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 Ma , Date: Monday, Apr 16, 2018, 11:56 To: Xavier Avila Mathew Negus [I] EFTA01406959 Akash Malhotra h ra , NCAOTC Derivatives MartinLeman , , Ian Salters >, Nina Tona , Cc: Joe A lione 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, Filiale London CB&S - Markets Winchester House, 1 Great Winchester Street, EC2N 2DB London, United Kingdom Tel. Mobile Email From: Xavier Avila [mailto: Sent: 16 April 2018 17:55 To: Mathew Negus ; Akash Malhotra EFTA01406960 lione ; Ian Salters < >; Nina o ra • NCAOTC ; Martin Zeman ; Alka Gopala <la Subject: RE: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] 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 ; Akash Malhotra Cc: Shawn Staker ; NCAOTC Derivatives ; Pankaj-A Chopra Gopala ; Nina Tona < ,.; Martin Zeman Subject: RE: KYC Breach_SOUTHFINANMD_Sout ern Financia , 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, 2018 7:44 AM To: Akash Malhotra Cc: Shawn NCAOTC Derivatives < ; Pankaj-A Chopra ; Alka Gopala <la; Nina Tona < ; Ian Salters a ;•,. Mathew Negus ; Martin Zeman Subject: RE: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] EFTA01406961 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 Xavier Avila Managing Director Deutsche Bank Securities Inc From: Akash Malhotra ‹ > Date: Monday, Apr 16, 2018, 07:34 To: Xavier Avila , NCAOTC Derivatives , Pan aj-A Chopra aropaa< , 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 EFTA01406962 Client Name: Southern Financial, LLC We have got your name as a sales person from Summit application. 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:image001.png@OlD3D561.AD31EA70} 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. Email EFTA01406963 Escalations Contact:- This communication may contain confidential and/or privileged information. 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