EFTA01363768.pdf

From: Xavier Avila Sent: Monday, June 04, 2018 1:04 PM To: Funda Bozkurt < Cc: Ian Salters a Zbynek Kozelsky >; Nina Tona < > Subject: RE: NCA's Completed in May/Update II) MY ANSWERS IN GREEN BELOW...AVAIIABLE TO TALK WHENEVER YOU CAN. From: Funda Bozkurt Sent: Monday, June 04, 2018 12:11 PM To: Xavier Avila Cc: Ian Salters < >; Zbynek Kozelsky < ; Nina Tona Subject: RE: NCA's Completed in May/Update Ill Xavi, See my comments in CAPS. Let's discuss later in the week. Thanks, Funda Bozkurt Deutsche Bank Trust Company Americas. WM-Divisional Control Office 345 Park Avenue 10154-0004 New York, NY, USA Email From: Xavier Avila Sent: Friday, June 01, 2018 6:27 PM To: Funda Bozkurt < Cc: Ian Salter Zbynek Kozelsky < >; Nina Tona Subject: RE: NCA's Completed in May/Update II) Simplified Definitions PIC Accounts Both OTC and Cash Accounts in GM where KCP is ACO and there is no WM KYC WM OTC Accounts WM KYCed Accounts that have been adopted for WM OTC Derivatives, typically FX Fwds/Options (RMS) and Vanilla USD Swaps (Summit) only. Used to be under WM Umbrella but now they are direct dbCAR Adoptions I was just looking at the list below. What does business outreach mean? Is this ACO? If yes, I thought we said MD only. Just the person in KCP that is responsible to follow up, not ACO. ACOs are only MDs Dan, Xavi, Tazia, but Dan and I discussed and we feel that when it comes to the "PIC" Sales&Trading accounts (not GM Lending relationships), the ACO should generally be only Xavi. PIS EXPLAIN THE FOLLOW UP. WHAT DOES THIS FUNCTION ENTAIL? LET ME KNOW IF I NEED TO FIGURE THIS OUT WITH GM. THIS IS JUST THE PERSON THAT NEEDS TO HELP FOLLOW UP, GETTING THE DOCS ETC, NOTHING LEGAL OR FORMAL, SO I DON'T THINK THERE IS ANYTHING TO CLARIFY WITH GM HERE. WE CAN TAKE THAT OUT OF THE EMAIL IF IT CREATES NOISE, AT END OF THE DAY, THE ONLY IMPORTANT THINGS IS THAT I AM GM ACO OF THE PIC GM ACCOUNTS. And why is Southern Financial a PIC client? Didn't we onboard them on to WM? Well, things get tricky and blurred here. SF has been treated as a Pershing and WM OTC Account until we started extending GM relationships to products beyond FX Options (RMS) and OTC Rates (Summit), namely we onboarded them now to Global Credit Derivatives and GED (OTC Equities).NO BLURRED LINES PLS. IF WE NEED TO INCORPORATE OTHER PRODUCTS TYPES, LETS START THE CONVERSATIONS WITH LEGAL TEAMS TO UPDATE THE SLA TO INCLUDE CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0054031 CONFIDENTIAL SDNY_GM_00200215 EFTA01363768