EFTA01406881.pdf

Subject: RE: KYC Breach SOUTHFINANMD Southern Financial, LLC_FFT Location [I] From: Mathew Negus Date: Tue, 17 Apr 2018 09:10:47 -0400 To: Nina Tona Xavier Avila Cc: Ian Salters Martin Zeman Classification: For internal use only Extension to FFT goes to US Case Management. What's the mat date on the xccy swap? Mathew Negus Director I ICG Business Management I I I From: Nina Tona Sent: Tuesday, April 17 2018 8:32 AM To: Mathew Negus Jimmy -H Xu Xavier Avila ; Akash Malhotra Cc: Joe Aglione ; Ian Salters Pankaj-A Chopra ; 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. EFTA01406881 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 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 ; Xavier Avila Akash Malhotra Cc: Joe Aglione Ian Salters ; Nina Tona Pan<aj A C opra NCAOTC Derivatives eman 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 EFTA01406882 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 Date: Tuesday, Apr 17, 2018, 2:53 AM To: Xavier Avila Mathew Ne us Akash Malhotra Cc: Joe A lione , Ian Salters Nina 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 In general, everything should face FFT and other booking centres are only used in exceptional circumstances I believe Thanks EFTA01406883 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 Sent: 17 April To: Jimmy-H Xu Mathew Ne us ; 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? EFTA01406884 Thanks From: Jimmy-H Xu Date: Monday, Apr 16, 2018, 11:56 To: Xavier Avila Mathew Negus Akash Malhotra Cc: Joe Aglione , Ian Salters Nina Tona , Pankaj-A Chopra 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 EFTA01406885  {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 Mathew Akash Malhotra • Cc: Joe Aglione ; Ian Salters ; Nina Tona ; Pankaj-A Chopra ; NCAOTC Derivatives ; Martin Zeman ; Alka Gopala 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 ; Alka ; Nina Tona Ian Salters IMMIM Martin Zeman Subject: RE: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] Classification: For internal use only I would re-book to London if the desk agrees. EFTA01406886 From: Xavier Avila Sent: Monday, April 16, 2018 7:44 AM To: Akash Malhotra Cc: Shawn Staker NCAOTC Derivatives ; Pankaj-A Chopra ; Alka ; Nina Tona ; Ian Salters ; Mathew Negus Martin Zeman Subject: RE: KYC 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 Xavier Avila Managing Director Deutsche Bank Securities Inc From: Akash Malhotra Date: Monday, Apr 16, 2018, 07:34 To: Xavier Avila Cc: Shawn Staker , NCAOTC Derivatives , an aj- Chopra , Alka Gopala Subject: KYC Breach_SOUTHFINANMD_Southern Financial, LLC_FFT Location [I] EFTA01406887 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. 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 EFTA01406888 fcid:[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 Jaipur, India Tel. Email Escalations Contact:- 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. EFTA01406889