Deutsche Bank


European Union Regulatory Background

Under European Union law, banks and investment firms are required to obtain authorization from their relevant supervisory authority in order to carry out regulated banking and investment service activities.

Within the European Economic Area (“EEA”), authorization to undertake these activities is obtained from the supervisory authority of the country where a bank has its head office (the “home state authority”). In some cases the home state authority will comprise more than one supervisory authority.

The home state authority is responsible for supervising banks’ systems and controls, their financial adequacy and their overall conduct. In addition, the home state authority is responsible for investor compensation and depositor protection schemes.

Banks may offer banking and investment services in other EEA member states (known as “host states”) under a so-called “European Passport”.

This passport, which specifies permitted activities, is granted by the home state authority. The presence of such a bank in the host state – provided it is not a separate legal entity from the bank – is referred to as a “branch” (under Article 4(3) of the Banking Consolidation Directive (Recast) (2006/48/EC)).

EEA member state supervisory authorities are required to maintain public registers of banks authorized to carry out activities in their jurisdiction.

A host state authority will rely on the home state authority to ensure that the systems, controls and financial adequacy of a bank are in good order. To the extent that activities are carried out within its jurisdiction, the host state authority supervises the conduct of banks. This includes, for example, rules on treating clients fairly and rules governing a bank’s conduct in the securities market.

Corporate and Regulatory Disclosures

Deutsche Bank Group

Deutsche Bank Group comprises Deutsche Bank Aktiengesellschaft (“Deutsche Bank AG” or “the Bank”), together with its subsidiaries. The Bank and those subsidiaries are authorized and/or regulated by regulatory authorities in their country of incorporation as well as, in some instances, by regulatory authorities in other jurisdictions. The Bank’s subsidiaries include banks, securities companies and financial services providers.

About Deutsche Bank AG

The following links will take you to corporate and regulatory disclosures relating to selected Deutsche Bank Group subsidiaries registered and/or incorporated in the European Union:
Czech Republic
United Kingdom

The following links will bring you to corporate and regulatory disclosures for selected Deutsche Bank Group subsidiaries in:


Deutsche Bank Aktiengesellschaft Helsinki Branch, Kaivokatu 10 A, FIN-00100 Helsinki, Finland,
Business ID 1610703-7, Trade Register,
Branch of Deutsche Bank Aktiengesellschaft domiciled in Frankfurt am Main; HRB No 30 000 • Frankfurt am Main, Local Court

Disclaimer for Deutsche AWM in Finland:

Deutsche Bank AG is authorized under German Banking Law (ID:100003, competent authority: BaFin - Federal Financial Supervisory Authority). Deutsche Bank AG Helsinki branch ("DBH", Patent och registerstyrelsen Handelsregistret nr. 1610793-7) is authorised by BaFIN and regulated by FIN-FSA for the conduct of licensed activities in Finland. Deutsche Bank branches operate within the EEA on the back of the legal entity (Deutsche Bank AG) EU Passports within the European Economic Area (“EEA”). Reference is made to European Union Regulatory Background and Corporate and Regulatory Disclosures at

Details about the extent of our authorisation and regulation by BaFIN and respective Nordic Region Financial Supervisory Authority are available on request.

Without limitation, documents and any attachment proposed electronically do not constitute an offer or a recommendation to enter into any transaction with DBH. Electronic communication is for information purposes only and is not intended to be an offer or an advice or recommendation or solicitation, or the basis for any contract to purchase or sell any security, or other instrument, or for DBH to enter into or arrange any type of transaction as a consequence of any information contained herein. The implicit or explicit views and recommendations expressed in marketing or other financial presentation material as well as any financial proposals are solely those of the issuer of such material, and forwarded to you on behalf of the contracting party.

DBH is solely acting in an agency/agency similar capacity (“the agent”) for and on behalf of Deutsche Bank AG and/or affiliates and potential investors should be aware that if they, you, decide to enter into a transaction with Deutsche Bank AG or affiliates (these acting as “the principal” or “contractual party”) will any and all contractual and commercial agreements be as entered into with that contracting party under the contractual laws, unless re-negotiated, and financial laws and regulations of the country where the contracting party is licensed.

Unless DBH is entering into a separate and explicit contractual relationship with you for the provision of investment services is neither obliged to categorise you in accordance to MiFID nor perform MiFID Suitability and/or Appropriateness assessment (as enacted into Finnish laws and regulations). The investments or services mentioned in this email or an attachment thereto may not be appropriate for all investors and before entering into a transaction you should take steps to ensure that you fully understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction. You should also consider seeking advice from your own advisers in making this assessment. If you decide to enter into a transaction with a contracting party you do so in reliance on your own judgment. For general information regarding the nature and risks and types of financial instruments please go here.

Past performance is not a suitable indicator of future results. An investment in mutual funds/ETF’s can rise or fall in value and there is no guarantee that the investor will get back all capital invested. Fluctuations in currency rates may cause the value of investments to either rise or fall. Investors should note that most mutual funds/ETF’s are not capital protected or capital guaranteed. Investors in mutual funds/ETF’s should be aware of the possibility, and financially able, to lose part or all of the invested capital. An investment in mutual funds/ETF’s is associated with risks, for a presentation of the risks related to investments in these funds, please refer to respective Funds/ETF’s Fact Sheet and/or Key Investor Information Document (“KIID”s) and/or fund Prospectus.

Personal Data and Data Security

Personal data is handled in accordance with the Finnish Personal Data Act (523/1999, the “PDA”) and applicable ordinances, regulations and guidelines. Deutsche Bank AG has issued comprehensive Personal Data and Information Security Policies and Procedures in accordance with German laws and regulations, which meet the Finnish PDA.

We observe inter alia the Finnish Consumer Protection Act (38/1978) and/including the e-commerce directive (2000/31/EG) as enacted into Finnish law (Sähköisen viestinnän tietosuojalaki), relevant industry standards and relevant guidelines issued by the authorities and your instructions to us, and we will not contact private individuals via e-mail, SMS, fax, voice messaging or other automated calling systems unless previous approval has been obtained from the individual for the use of such marketing methods. We hereby inform you that a private individual (a “consumer”) inter alia may refuse direct marketing from us, may request to be informed about own private data stored in our systems and has the right to have own information amended or erased as applicable.

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Last Update: June 26, 2015
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