EFTA01422817.pdf

Subject: FW: 2018 Q4 DB Dodd Frank Quarterly Initial Margin Notice [I] From: Stewart Oldfield < ==> Date: Fri, 18 Jan 2019 09:27:47 -0500 To: Martin Zeman ‹ > Classification: For internal use only From: Richard Kahn [mailto: Sent: Friday, January 18, 2019 9:19 AM To: Stewart Oldfield ‹ > Subject: Fwd: 2018 Q4 DB Dodd Frank Quarterly Initial Margin Notice does this email relate to this bond we are holding? COFP 4.407 8/2019 Euro Bond lets talk today if you have time thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel fax EFTA01422817 cell Begin forwarded message: From: DF SegIA <MI > Subject: 2018 Q4 DB Dodd Frank Quarterly Initial Margin Notice Date: January 15, 2019 at 3:35:29 PM EST To: undisclosed-recipients:; Dear Sir or Madam: Commodity Futures Trading Commission ("CFTC") rule 23.704 requires that Deutsche Bank AG, as a registered Swap Dealer, report quarterly to any counterparty that has not elected to require segregation in accordance with CFTC rules 23.702 and 23.703 of "Initial Margin" (as defined in CFTC rule 23.700) posted in respect of any swap (as defined by CFTC rules) between us and such counterparty that is not submitted for clearing. If you are in scope for Dodd-Frank purposes and have elected not to segregate Initial Margin posted with us, we are hereby reporting to you that during the fourth quarter period of 2018 (October 1 through to December 31), our back office procedures relating to margin and collateral requirements were in compliance with any governing uncleared swap agreement then in effect between us unless we notify you otherwise. EFTA01422818 You are not required to take any action in connection with this communication. This communication does not change any terms of any uncleared swap agreement between us. To the extent that such uncleared swap agreement is uncollateralized, or if we do not have any agreement with you concerning our handling of your collateral, the substance of this communication may not be relevant to you. Very truly yours, Deutsche Bank AG Thanks & Regards, DF SEGIA Dodd Frank - Regulatory Operations Tel: I Email: Escalation/Feedback Contacts: David. I Tel: Visit our myDB page for news and information EFTA01422819 This e-mail may contain confidential and/or privileged information. If you are not the intended recipient (or have received this e-mail in error) please notify the sender immediately and delete this e-mail. Any unauthorized copying, disclosure or distribution of the material in this e- mail is strictly forbidden. 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. EFTA01422820