EFTA01356949.pdf

applicable), shall have the equivalent (contact address: Sonnemannstrasse 22, meaning under relevant Applicable 60314 Frankfurt am Main) and the BaFin Law. (contact address: Marie-Curie-Str. 24-28, 60439 Frankfurt am Main)) and, in the 3. CLASSIFICATION AND United Kingdom, by the PRA (contact AUTHORISATION address: 20 Moorgate, London, EC2R 6DA). It is subject to supervision by the 3.1 WHERE REQUIRED BY ECB and by BaFin and is subject to APPLICABLE LAW, DB HAS limited regulation in the United Kingdom CATEGORISED CLIENT AS A by the FCA (contact address: 25 The PROFESSIONAL CLIENT OR North Colonnade, Canary Wharf, London ELIGIBLE COUNTERPARTY UNDER El4 5HS) and the PRA. Details about the APPLICABLE LAW FOR THE extent of its authorisation and regulation PURPOSES OF THE PROVISION OF by the PRA and regulation by the FCA SERVICES PROVIDED UNDER are available upon request or from THESE TOBS. DB has informed Client Imps:Huy:v. db.coi.n/djitlpsures, DBAG of its categorisation separately. is a stock corporation incorporated in the 3.2 MiFID requires that clients be classified Federal Republic of Germany. as either - retail client", - professional 3.6 DB will deal with Client on the basis that: client" (whether that is a - per se professional client", or, where the client (a) Client has the necessary experience, elects to be treated as a professional knowledge and expertise required to client, an "elective professional client" ) make its own investment decisions or "eligible counterparty". and properly assess the risks involved in any transaction it 3.3 Where Client has been classified undertakes with DB or that DB pursuant to requirements under undertakes on Client's behalf; and Applicable Law, Client is responsible for notifying DB immediately if, at any point (b) (where Client is a per se professional in time, Client considers that it does not client) Client is able financially to meet the criteria to be categorised as a bear any related investment risks professional client (whether a per se consistent with Client's investment professional client or an elective objectives. professional client) or an eligible counterparty, as appropriate. If a change 4. MONEY LAUNDERING of categorisation is required, Client LEGISLATION consents to DB taking such action as it considers necessary in relation to such 4.1 To comply with legal and regulatory change, which may mean that DB cannot requirements, DB may require reasonable continue to provide Client with services verification of Client's, or Client's pursuant to these Terms of Business. employees', officers' or associates'. identity, which Client agrees to provide. 3.4 In relation to business where Client is DB may also request or obtain additional treated an eligible counterparty, clause 12 information including in relation to the (Order Execution Policy), clause 13 ownership structure, (including the (Order Handling), clauses 17.6, and 17.7 identity of the Client's beneficial owners) will not appl) to Client. credit standing and business conduct of Client and Connected Persons of Client. 3.5 DBAG is authorised under German Banking Law (competent authority: ECB 4123 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0043188 CONFIDENTIAL SDNY_GM_00189372 EFTA01356949