Guidelines for passport notifications

27 August 2009
Guidelines for passport notifications
Table of contents
Introduction ............................................................................................. 3
PART I – General Considerations ................................................................. 4
1.1. General aims................................................................................... 4
1.2. Co-operation between Competent Authorities ...................................... 5
1.3. Harmonisation of documents used...................................................... 5
1.4. Mutual assistance and confidentiality .................................................. 5
1.5. Possible addition to provisions for co-operation .................................... 5
1.6. Co-operation with non-EU States that are parties to the EEA Agreement.. 6
PART II – Services and Activities of Credit Institutions: Notifications ................ 6
2.1. Exercise of activities by way of freedom to provide services ................... 6
2.1.1 Contents of the notification made by the Competent Authority of the
home Member State to the Competent Authority of the host Member State . 6
2.1.2 Transmission of the notification ..................................................... 7
2.1.3 Notification of changes to the information provided in the initial
notification ......................................................................................... 7
2.2 Opening a branch by way of freedom of establishment ........................... 8
2.2.1 Contents of the application made by the institution to the Competent
Authority of the home Member State...................................................... 8

2.2.2 Contents of the notification to be transmitted by the Competent
Authority of the home Member State to the Competent Authority of the host
Member State ................................................................................... 10
2.2.3 Notification of changes to the information provided in the initial
notification ....................................................................................... 11
ANNEX 1 - Standard notification form for cross-border services ..................... 13
ANNEX 2 – Standard notification form for branch establishment .................... 16
Programme of operations ...................................................................... 19
ANNEX 3 - List of competent authorities for notification of cross-border services
and branch establishments ....................................................................... 21
ANNEX 4 – List of website addresses of public registers fro credit institutions in
various Member States ............................................................................ 28
ANNEX 5 – List of competent bodies for receipt of complaints and out-of-court
settlements of complaints ........................................................................ 30
ANNEX 6 – List of compensation schemes................................................... 38
ANNEX 7 – Joinder agreement .................................................................. 44

Introduction

1. This Guideline provides a framework for the co-operation of competent
   authorities with regard to the notification provisions of Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (hereinafter, "Banking Directive"), particularly in the light of the implementation of the Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments (hereinafter, “MiFID”).

2. CEBS Members, recognising the need to cooperate and exchange information
   to ensure an efficient passport notification process for credit institutions operating in the European Economic Area (hereinafter, "EEA"), have resolved to agree to this Guideline applying to new notifications sent under the Banking Directive as from the approval of this Guideline. CEBS Members and other signatories may update this Guideline from time to time to take into account of regulatory developments.

3. This Guideline applies to any Competent Authority as defined below for the
   purposes of the Guideline:
   (i) any CEBS Member that is a Competent Authority under the Banking Directive (Competent CEBS Authority); (ii) any other Competent Authority under the Banking Directive or the MiFID (hereinafter referred to as "Directives") that is not a CEBS member which signs the Joinder agreement to this Guideline set out in Annex 7.

4. The Competent Authorities have agreed the Annexes to this Guideline which
   are comprised of the following:
   (i) standard notification form for cross border services (Annex 1); (ii) standard notification form for branch establishment (Annex 2); (iii) the list of Competent Authorities for notification of cross-border services and branch establishment (Annex 3); (iv) the list of website addresses of public registers for credit institutions in the various member states (Annex 4); (v) the list of competent bodies for receipt of complaints and out-of court settlements of complaints (Annex 5); (vi) the list of compensation schemes (Annex 6); and (vii) joinder agreement (Annex 7).

5. Annexes 3 to 6 inclusive will be updated by the CEBS Secretariat to reflect
   any changes to the relevant lists and will be communicated to all Competent Authorities. Competent Authorities agree to inform the CEBS Secretariat of any changes to the details in these annexes in a timely manner.
   PART I – General Considerations
   1.1. General aims

6. In accordance with the principle of single authorisation, the decision to issue
   an authorisation, which is valid for the whole of the EU, shall be the sole responsibility of the Competent Authority of the home Member State. A credit institution may then provide the services or perform the activities, for which it has been authorised, throughout the Community, either through the establishment of a branch or the free provision of services.

7. In addition to listing the activities that may be undertaken by a credit
   institution, Annex I of the Banking Directive states:

8. "The services and activities provided for in Section A and B of Annex I of
   Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments when referring to the financial instruments provided for in Section C of Annex I of that Directive are subject to mutual recognition according to this Directive."

9. The Competent Authorities of the Member States consider that the adoption
   of the Banking Directive and MiFID makes necessary a deepening of their cooperation. The Competent Authorities intend to uphold practical cooperation between national administrative services for the purpose of facilitating the passport notification process for credit institutions within the EEA and of examining any difficulties which may arise in the application of MiFID to credit institutions.

10. Additionally, the increase of the membership of the EU in recent years and
    the consequent increased information flows between supervisors make streamlined and effective procedures and communications even more important.

11. In this Guideline, CEBS builds upon work already done by CESR, on the
    grounds that it is neither necessary nor efficient to duplicate work that has been done by another Lamfalussy Committee.

12. The CESR framework which has been put into place in the ‘Protocol on MiFID
    Passport Notifications', was published in May 2007 (and updated in October
    2007) in the specific context of MiFID with regard to investment firms. The
    main features of the Protocol on MiFID Passport Notifications were deemed applicable also for CEBS, particularly given Annex I of the Banking Directive quoted above. However adjustments are included in this Guideline compared to that adopted by CESR, to address the differences between the Directives and the specific nature of credit institutions.

1.2. Co-operation between Competent Authorities
13. The Competent Authorities, recognising that the supervision of credit
institutions has an ongoing character and that its efficiency shall be based upon the knowledge of the situation of the credit institution and the possibility of joint action, intend to co-operate in all cases necessary for the proper application of the EU passporting provisions and to mutually facilitate the carrying out of their tasks and the good functioning of the Single Market. They agree that the co-operation between Competent Authorities as a result of the provisions of the Directives should lead to genuine dialogue between themselves with a view to the promotion within the EU of a system of supervision which is as satisfactory as possible.
14. In this regard, each Competent Authority should designate a contact point
responsible for the co-ordination of passport notifications, and whose contact details shall be made available to the other authorities.
1.3. Harmonisation of documents used
15. The Competent Authorities consider that harmonisation of passport
notifications, through the adoption of the common templates set out in Annexes 1 and 2, will help ensure host authorities receive the information they require and reduce the need for further requests for information.
1.4. Mutual assistance and confidentiality
16. Competent Authorities shall provide each other with the fullest mutual
assistance in any matters falling within the scope of this Guideline. When receiving confidential information under this Guideline, they will maintain its confidentiality according to TITLE V, CHAPTER 1, Section 2 of the Banking Directive.
1.5. Possible addition to provisions for co-operation
17. The Competent Authorities acknowledge that the relevant provisions for co￾operation set out in this document may show themselves to be inadequate
when faced with actual cases. They agree that, as a result, the relevant provisions could be adapted on a bilateral basis as the need arises for a specific case and that such bilateral arrangements would be drawn up in conformity with the principles of Community law.
18. The Competent Authorities also agree that their co-operation may extend to
areas not expressly provided for by the Directives, taking account, as far as possible, of the principles of the Directives.

1.6. Co-operation with non-EU States that are parties to the
EEA Agreement
19. The Guideline applies to the Competent Authorities of non-EU Member States
that are parties to the EEA Agreement as if they were the Competent Authorities of EU Member States. Consequently, the term ‘Member State’ shall be used in this Guideline to include the non-EU Member States that are parties to the EEA Agreement.
20. Furthermore, where the term ‘European Union’ (‘EU’) is used, this shall be
understood to apply to the whole EEA. If the term ‘Member’ (of CEBS) is used, this shall be understood to include also the supervisory authorities of the Non-EU EEA countries.
21. If certain supervisory tasks according to the Banking Directive fall under the
competence of Authorities that are not Members of CEBS, those Authorities may, subject to approval by CEBS Members, join the present Guideline by signing the Joinder Agreement in Annex 7, if this contributes to further strengthening cross-border cooperation as provided for in this Guideline. If the term ‘Competent Authority’ is used, this shall also include the latter Authorities. Annex 3 lists all Competent Authorities to which the Guideline applies.
PART II – Services and Activities of Credit Institutions:
Notifications
2.1. Exercise of activities by way of freedom to provide
services
2.1.1 Contents of the notification made by the Competent
Authority of the home Member State to the Competent Authority of the host Member State
22. Article 28 of the Banking Directive requires notification by the Competent
Authority of the home Member State of the activities which the credit institution intends to carry on for the first time in the host Member State. It is agreed that this notification shall include:

• the name and head office address of the credit institution;
• the activities listed in Annex I of the Banking Directive which will be
  provided into the host Member State1
  ;

1 Where notification is in respect of an electronic money institution, only Activity 5 shall be notified, with confirmation that this activity is "strictly limited to the issuance of electronic money".

• the investment services and/or activities as well as ancillary services listed
  in Annex 1 of MiFID which will be provided into the host Member State (if applicable).

23. All information shall be written in English or another language accepted by
    the respective home and host Competent Authorities.
    2.1.2 Transmission of the notification
24. This information should be communicated to the Competent Authority of the
    host Member State as listed in Annex 3 using the standard notification form template set out at Annex 1.
25. This may be by post or email, depending on whether the Competent
    Authorities of the home and host Member State agree to exchange such notifications electronically. Annex 3 contains a list of agreed contact points for competent authorities under the Banking Directive, and an indication of whether they have agreed to accept electronic notifications whether, for example, by PDF attachment, or 'electronic signature' etc.
26. This information must be communicated by the Competent Authority of the
    home Member State as soon as is practicable, but no later than one month from its receipt.
27. The Competent Authority of the host Member State should acknowledge
    receipt of the notification from the Competent Authority of the home Member State in a timely manner.
28. The Competent Authorities may then add details of the service(s) and
    activities to be carried on in the host Member State(s) – the 'passport' – on the public registers, where applicable, in a timely manner.
    2.1.3 Notification of changes to the information provided in the
    initial notification
29. Although not specifically required under the Banking Directive, CEBS
    members agree that any changes to an existing services notification made under article 28, communicated by the credit institution to the Home authority (including cancellation/termination/merger) should be communicated between Home and Host competent authorities. For changes concerning the scope of activities, the notification may be established according to the Schedule attached to Annex 1.

2.2 Opening a branch by way of freedom of establishment
2.2.1 Contents of the application made by the institution to the
Competent Authority of the home Member State
30. Any credit institution wishing to establish a branch in another Member State
must communicate certain information to the Competent Authority of its home Member State (article 25(2) of the Banking Directive), which includes a 'programme of operations' setting out, amongst other things, the types of business envisaged and the structural organisation of the branch. This does not affect the right of both Home and Host competent authorities to request additional information, as necessary.
31. The information provided in this instance will be more detailed than the brief
summary information supplied where cross border services are being provided, as the host Member State will assume certain supervisory responsibilities in accordance with the competencies identified within article 26(1) of the Banking Directive (“general good”), article 41(1) of the Banking Directive (liquidity supervision) and – concerning credit institutions providing investment services – within article 32(7) of MiFID (see the box below). With this in mind, the Competent Authorities consider that, while it is possible to identify information that should be included in the notification sent to the Competent Authority of the host Member State, the focus and level of detail supporting a specific notification will vary depending on the business model of the institution concerned.
Article 26(1) of the Banking Directive identifies as competence of the Authority of
the Host Member State to indicate the conditions under which, in the interest of the general good (rules of conduct, consumers protection, and other general good), the activities shall be carried on.
Article 41(1) of the Banking Directive establishes that Host Member States shall
retain responsibility in cooperation with the competent authorities of the Home Member State for the supervision of the liquidity of the branches of credit institutions.
Article 32(7) of MiFID assigns additional responsibility to the Competent
Authority of the Host Member State as follows:

• Conduct of Business obligations (article 19(1) of MiFID)

• Information provided to clients or potential clients (article 19(2) & (3) of
  MiFID)

• Client profile information (article 19(4) to 19(6) of MiFID)

• Client records (article 19(7) of MiFID)

• Reporting on services provided to clients (article 19(8) of MiFID)

• Best execution and order handling (articles 21 & 22 of MiFID as well as article
  45 of Directive 2006/73/EC2
  )

• Obligation to uphold market integrity and transaction reporting (article 25 of
  MiFID)

• Pre and post trade transparency (articles 27 and 28 of MiFID)

• Right to examine arrangements and to request changes in order to ensure
  compliance with the above mentioned obligations (article 32(7) of MiFID). In addition, article 13(9) of MiFID gives the Competent Authority of the host Member State responsibility for "enforcing record keeping obligations with regard to transactions undertaken by the branch".

32. The Competent Authorities agree that, where a branch is being established,
    the details requested by the Competent Authority of the home Member State from the institution in support of their passport application should usually include the following:

• Name, head office address and branch address of the credit institution and
  the address in the host Member State from which documents may be obtained if it is different;
• details of the accredited compensation scheme of which the institution is a
  member3
  ;
• the activities listed in Annex I of the Banking Directive which will be
  provided in the host Member State;
• the investment services and/or activities as well as ancillary services listed
  in Annex 1 of the MiFID which will be provided into the host Member State (if applicable);
• the names of those responsible for the management of the branch; and
• a 'programme of operations' as set out in detail in the Schedule attached
  to Annex 2 including at least the following information:
  Business plan
• A high level strategy, explaining how the branch will contribute to the
  institution’s/group’s strategy and what the main functions of the branch will be.
• A description of the type of customers or counterparties the branch will be
  dealing with and how the institution will obtain and deal with those clients.

Commission Directive 2006/73/EC of 10 August 2006 implementing Directive 2004/39/EC of the European Parliament and of the Council as regards organisational requirements and operating conditions for investment firms and defined terms for the purposes of that Directive. A list of accredited compensation schemes in each Member State is attached (Annex 6).

Organisational structure

• A high-level summary of the organisational structure of the branch,
  showing both functional and legal reporting lines (if a matrix management structure is in operation), how the branch fits into the corporate structure of the institution/group and how the branch reports to the head office.
• Details of individuals managing the branch.
  Systems and Controls
• The branch's principal policies and limited covering liquidity, and the
  procedures for determining them;
• Summary details of the systems and controls that will be put in place,
  including:
  o Details of the audit arrangements of the branch (including where applicable details of the external auditor); o anti money laundering arrangements; and o controls over outsourcing and other arrangements with third parties in connection with the regulated activities carried on in the branch. Financial information
• Forecast statements for profit and loss and cash flow, both over at least a
  twelve month period.
  Investment activities (if applicable)
• Details of arrangements for:
  o safeguarding client money and assets; o compliance with the obligations identified in the box above under this section (2.2.1) (if applicable); o internal Code of Conduct, which should include controls over personal account dealing (if applicable);
  2.2.2 Contents of the notification to be transmitted by the
  Competent Authority of the home Member State to the Competent Authority of the host Member State

33. The high-level information identified in the first six bullet points above should
    be communicated to the Competent Authority of the host Member State using the standard notification form contained in Annex 2. The information contained within the programme of operations will generally be more detailed and is not easily captured in a standard format. With this in mind, the programme of operations template in Annex 2 has been developed to facilitate consistent, efficient and accurate communication of the information

contained within a programme of operations between home and host Member State. It is recommended that the Competent Authority of the home Member State requires credit institutions making a passport notification to submit the programme of operations template in the language of the home Member State, along with a translated copy in the language of the host Member State (or another language that is mutually acceptable to the Competent Authorities of the home and host Member State concerned) for onward transmission to the Competent Authority of the host Member State.
34. Unless the Competent Authority of the home Member State has reason to
doubt the adequacy of the administrative structure or the financial situation of the credit institution, taking into account the activities envisaged, the notification must be transmitted to the Competent Authority of the host Member State within three months of its receipt.
35. This may be by post or email, depending on whether the Competent
Authorities of the home and host Member State agree to exchange such notifications electronically. Annex 3 contains a list of agreed contact points for competent authorities under the Banking Directive, and an indication of whether they have agreed to accept electronic notifications whether, for example, by PDF attachment, or 'electronic signature' etc.
36. The Competent Authority of the home Member State will then write to the
contact named in the notification form of the credit institution confirming that such a communication has been made, and confirming the date such communication was made.
37. The Competent Authority of the host Member State should acknowledge
receipt of the notification to the Competent Authority of the home Member State in a timely manner, but no later than two months from its receipt. Moreover, the host authority will have to inform the institution’s contact named in the notification form of any conditions under which, in the interests of the general good, the activity(ies) shall be carried on in the host Member State.
38. The Competent Authorities may then add details of the service(s) and
activities to be carried on – the 'passport' – on the public registers, where applicable, in a timely manner.
2.2.3 Notification of changes to the information provided in the
initial notification
39. Credit institutions shall give written notice of any change in respect of the
establishment of a branch to the Competent Authority of the home and host Member State at least one month before implementing the change. Once it has taken its decision to accept the change the Competent Authority of the home Member State shall inform the Competent Authority of the host Member State of the change. Notification of such changes should be made as soon as is practicable and no later than one month from the date of receipt by the Competent Authority of the home Member State.

40. This may be by post or email, depending on whether the Competent
    Authorities of the home and host Member State agree to exchange such notifications electronically. Annex 3 contains a list of agreed contact points for competent authorities under the Banking Directive, and an indication of whether they have agreed to accept electronic notifications whether, for example, by PDF attachment, or 'electronic signature' etc

ANNEX 1 - Standard notification form for cross-border
services
Direct line:
Local fax:
Email:
[Date]
Our Ref:
Dear,
Notification in accordance with Article 28 of the Recast Banking Directive (2006/48/EC) [In accordance with Article 28(2) of the Recast Banking Directive (2006/48/EC),] I wish to notify you that [Name of institution], a credit institution authorised by [Competent Authority of the home Member State], intends to [carry on the activities listed in the attached schedule for the first time under the freedom to provide services]/[to change the activities previously notified on a cross-border basis]. The relevant activities are covered by the credit institution’s authorisation and the credit institution is validly licensed under the laws of [Member State] to conduct all these activities. If you have any queries, please do not hesitate to contact me. Yours sincerely, [Signatory details]

SCHEDULE TO NOTIFICATION DATED [date] IN ACCORDANCE WITH
ARTICLE 28 OF THE RECAST BANKING DIRECTIVE 2006/48/EC
Type of notification : [e.g first time / changes4 ] Notification reference : [Home State ref] Member State into which activities are to be provided : [Host State] Name of Credit Institution : [name] Address : [Head Office address] Telephone No : [tel no] Fax No : [fax no] Email : [email address] Contact : [name] Home State: [Home State] Authorisation Status : Authorised by [Home State competent authority] Date from which activities will be provided :
Activities to be provided in accordance with Annex I of Directive 2006/48/EC

1. Acceptance of deposits
2. Lending
3. Financial Leasing
4. Payment services as defined in Article 4(3) of Directive
   2007/64/EC of the European Parliament and of the Council of 13 November 2007 on payment services in the internal market
5. Issuing and administering other means of payment
   (e.g. travellers’ cheques and bankers’ drafts) insofar as this activity is not covered by point 4
6. Guarantees and commitments
7. Trading for own account or for account of customers in:
   7a. money market instruments
   7b. foreign exchange
   7c. financial futures and options
   7d. exchange and interest-rate instruments 7e. transferable securities
8. Participation in securities issues and the provision of
   services related to such issues

4 to be delivered by Home State competent authority

9. Advice to undertakings on capital structure, industrial
   strategy, and related questions and advice as well as services relating to mergers and the purchase of undertakings
10. Money broking
11. Portfolio management and advice
12. Safekeeping and administration of securities
13. Credit reference services
14. Safe custody services
    Details of investment services that the Credit Institution is authorised to provide on a cross-border basis Financial Instrumen ts Investment services and activities Ancillary services A A A A A A A A B B B B B B B C1 C2 C3 C4 C5 C6 C7 C8 C9 C10 Note 1: abbreviations in the table are to the relevant provisions in MiFID (e.g. A1 refers to Annex 1 Section A paragraph 1 MiFID) Note 2: matrix should cover all activities (old and new) provided by the credit institution under the freedom to provide services

ANNEX 2 – Standard notification form for branch
establishment
Direct line:
Local fax:
Email:
[Date]
Our Ref:
Dear
Notification in accordance with Article 25 [26.3] of the Recast Banking Directive (2006/48/EC) In accordance with Article 25.3 [or 26.3] of the Recast Banking Directive (2006/48/EC), I wish to notify you that [Name of institution], a credit institution authorised by [Competent Authority of the home Member State], intends to establish a branch [change the scope of activities previously notified] to carry out the activities listed in the attached schedule under the freedom of establishment. [if notification under Article 25:] The branch managers will be [Names], whose CVs are attached, and there will be a total of [X] employees at the branch. A staff organisational chart is attached together with a programme of operations. The branch address is:
XXXXX
Tel:
Fax:
Email:
[Name of institution] is a participant in the [Home State accredited compensation scheme(s)], which provides cover for eligible depositors and/or investors as required by the [Home State legislation] in respect of banking and/or financial business carried on by the institution in the [Home State] and through its branch offices in the European Economic Area. As of [date] the own funds of [Name of institution] amount to EUR [XXX]. The solvency ratio of this credit institution is [XXX]. If you have any queries, please do not hesitate to contact me. Yours sincerely, [Signatory details]

SCHEDULE TO NOTIFICATION DATED [date] IN ACCORDANCE WITH
ARTICLE 25 [or 26(3)] OF THE RECAST BANKING DIRECTIVE
2006/48/EC
Type of notification : [e.g first time / changes] Notification reference : [Home State reference] Member State into which branch is to be established : [Host State] Name of Credit Institution : [name] Address : [Head Office address] Telephone No : [tel no] Fax No : [fax no] Email : [email address] Contact : [name] Home State: [Home State] Authorisation Status : Authorised by [Home State competent authority] Financial status : [level of own funds, sum of the capital requirements] 5 Date on which branch intends to commence business :
Activities to be provided in accordance with Annex I of Directive 2006/48/EC:

1. Acceptance of deposits
2. Lending
3. Financial Leasing
4. Money transmission services
5. Issuing and administering means of payment
6. Guarantees and commitments
7. Trading for own account or for account of customers in:
   7a. money market instruments
   7b. foreign exchange

to be delivered by Home State competent authority

7c. financial futures and options
7d. exchange and interest-rate instruments 7e. transferable securities
8. Participation in securities issues and the provision of
services related to such issues
9. Advice to undertakings on capital structure, industrial
strategy, and related questions and advice as well as services relating to mergers and the purchase of undertakings
10. Money broking
11. Portfolio management and advice
12. Safekeeping and administration of securities
13. Credit reference services
14. Safe custody services
Details of investment services that the Credit Institution will provide on a cross￾border basis Financial Instruments Investment services and activities Ancillary services A1 A2 A3 A4 A5 A6 A7 A8 B1 B2 B3 B4 B5 B6 B7 C1 C2 C3 C4 C5 C6 C7 C8 C9 C10 Note 1: abbreviations in the table are to the relevant provisions in MiFID (e.g. A1 refers to Annex 1 Section A paragraph 1 MiFID) Note 2: matrix should cover all activities (old and new) provided by the branch

Programme of operations
(This summary should be completed in both, the language of the home state and the host state or a language mutually acceptable to the Competent Authorities of both the home and host Member State.) Requirement Response

1. Business Plan
   a) How will the branch contribute to the overall strategy of the institution/group? b) What will be the main objectives and functions of the branch? c) Describe the types of customers/counterparties the branch will be dealing with d) Describe how the institution will obtain and deal with these customers/clients
2. Organisational structure
   a) Briefly describe how the branch fits into the corporate structure of the group b) Description of the administrative structure of the branch (number of business units/premises; number of employees; organisational chart, showing both functional and legal reporting lines); c) Details of the branch manager(s) – CV(s) to be supplied d) Details of any direct business relations (clients, partners, counterparties) and conditions under which they operate e) Details of links with administrative and IT systems of the head office; f) Details of links with internal control system of the head office;
3. Systems & Controls
   a) Measures for supervising risk management procedures (includes credit/market/operational/liquid ity)

b) Powers of the branch in respect of granting credit facilities c) Details of the audit arrangements of the branch (including where applicable details of the external auditor) d) anti-money laundering procedures (including the name of the AML compliance officer) e) monitoring and control of critical outsourcing arrangements (if applicable)
4. Financial information
Attach a forecast for over at least a 12 month period, of material items of the Balance Sheet and Profit and Loss. 5 Investment activities (if applicable) • Provide details of arrangements for: • safeguarding client money and assets

• compliance with the conduct
  of business and other obligations that fall under the responsibility of the Competent Authority of the host Member State according to MiFID Article 32(7) and record keeping under MiFID Article 13(9)
• code of conduct, including
  personal account dealing
• Provide details of the individual
  who will be responsible for compliance of the branch
• Provide details of the individual
  responsible for dealing with complaints in relation to the investment activities of the branch

ANNEX 3 - List of competent authorities for notification
of cross-border services and branch establishments Member State Competent Authority e-mail accepted for cross-border notifications e-mail accepted for branch notifications Austria Financial Market Authority (Banking Supervision Department) Ms Karin DREER Praterstrasse 23 A-1020 Vienna AUSTRIA Tel: +43 1249 1207 Fax: +43 1249 591299 Email:
passport.notifications@fma.gv.at
Yes Yes
Belgium Commission Bancaire Financiere et des Assurances (Prudential Supervision Department) 12 rue de Congrès 1000 Brussels BELGIUM Tel: +32 2535 2211 Fax:
Email:e￾notification.passporting@cbfa.be Yes No Bulgaria Bulgarian National Bank (Banking Supervision Department) 1, Knyaz Alexander I Square 1000 Sofia BULGARIA Tel: +359 (2) 9145 2103 Fax: +359 (2) 9145 2535 E-mail: timnev.t@bnbank.org No No Cyprus Central Bank of Cyprus Banking Supervision and Regulation Division 80 Kennedy Avenue 1395 Nicosia CYPRUS Yes No

Tel: +357 2271 4100
Fax: +357 2237 8152
Email:
passport.notifications@centralbank
.gov.cy
Czech Republic Czech National Bank
Na Přikopě 28
11503 Prague 1
CZECH REPUBLIC
Tel: +420 22441 2004
Fax: +420 22441 2922
Email:
Yes No
Denmark Finanstilsynet/ The Danish
Financial Supervisory Authority
Aahusgade 110
2100 Copenhagen
DENMARK
Tel: +45 3355 8282
Fax: +45 3355 8200
Email: Finanstilsynet@ftnet.dk
Yes Yes
Estonia Estonian Financial Supervision Authority Sakala 4 15030 Tallinn ESTONIA Tel: +372 668 8500 Fax: +372 668 0501 Email: notification@fi.ee Yes Yes Finland Finanssivalvonta Snellmaninkatu 6, PO Box 103 00101 Helsinki FINLAND Tel: +358 108 3151 Fax: +358 108 315328 Email: fin-fsa.notifications@bof.fi Yes Yes France Banque de France Direction des Établissements de crédit et des Entreprises d'Investissement Affaires européennes CC 40-1359 31 rue Croix des Petits Champs 75001 PARIS CEDEX 01 Yes No

FRANCE
Tel : (+33 1) 42 92 41 02
Fax : (+33 1) 42 92 21 70
Email:passport.notifications@banq ue-France.fr Germany Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) Graurheindorfer Strasse 108 53117 Bonn GERMANY Tel: +49 228 41080 Fax: +49 228 4108 1550 Email:
passport.creditinstitutions@bafin.d e
Yes No
Greece Bank of Greece
Supervision of Credit and Financial
Institutions
21 El. Venizelos Av.
10250 Athens
GREECE
Tel: +30 210 320 5116, 5090,
Fax: +30 210 320 5400
Email:passport.notifications@bank ofgreece.gr Yes No Hungary Hungarian Financial Supervisory Authority Krisztina krt. 39 H-1013 Budapest HUNGARY Tel: +36 1489 9100 Fax: +36 1489 9102 Email: single.passport@pszaf.hu Yes Yes Iceland Fjarmalaeftirlitið Suðurlandsbraut 32 108 Reykjavik ICELAND Tel: +354 525 2700 Fax: +354 525 2727 Email: helga@fme.is Yes Yes

Ireland Irish Financial Services Regulatory Authority (International Credit Institutions) PO Box 9138 College Green Dublin 2 IRELAND Tel: +00 3531 224 4000 Fax: +00 3531 679 0362 Email:
Yes No
Italy Bank of Italy
(External Relations and General
Affairs Department)
Via Milano, 64
00187 Rome
ITALY
Tel: +39 06 47924525
Fax: +39 06 47925110
Email:
rea.costituzioni@bancaditalia.it
Yes, in pdf (or equivalent) format with the visible signature of the home country No Latvia Financial and Capital Market Commission 1 Kungu Street Riga LV 1050 LATVIA Tel: +371 6777 4800 Fax: +371 6722 5755 Email: single.passport@fktk.lv Yes Yes Liechtenstein Financial Market Authority (FMA) Heiligkreuz 8 PO Box 279 9490 Vaduz Principality of Liechtenstein Tel: +423 236 6226 Fax: +423 236 7374 Email: passport@fma-li.li Yes No Lithuania Bank of Lithuania (Credit Institutions Supervision Department) 14 Jogailos St LT-2001 Vilnius LITHUANIA Tel: +370 268 0500 Yes No

Fax: +370 261 5665
Email: passport.notifications@lb.lt
Luxembourg Commission de Surveillance du Secteur Financier 110 route d'Arlon L-2991 Luxembourg LUXEMBOURG Tel: +352 26 2511 Fax: +352 26 251601 Email:
passport.notifications@cssf.lu
Yes Yes
Malta Malta Financial Services Authority Banking Unit Notabile Road Attard BKR 3000 MALTA Tel: +356 2144 1155 Fax: +356 2144 9234 Email: bu@mfsa.com.mt Yes Yes Netherlands De Nederlandsche Bank NV Westeinde 1 PO Box 98 1000 AB Amsterdam NETHERLANDS Tel: +31 20 524 3332 Fax: +31 20 524 3669 Email:
passport.notifications@dnb.nl
Yes No
Norway Kredittilsynet
(Capital Markets Department)
Ostensjoveien 43
PO Box 100 Bryn
N-0611 Oslo
NORWAY
Tel: +47 2293 9800
Fax: +47 2263 0226
Email: post@kredittilsynet.no
Yes Yes
Poland Komisja Nadzoru Finansowego
Plac Powstańców Warszawa 1
00-950 Warsaw Poland
(phones, fax and e-mail for each one sector are yet to be determined) No No

Portugal Banco de Portugal
(Banking Supervision Department)
Rua Francisco Ribeiro, 2
1150-165 Lisbon
PORTUGAL
Tel: +351 21313 0000
Fax: +351 21353 2591
Email:
No No
Romania National Bank of Romania
25 Lipscani Street
030031 Bucharest (Sector 3)
ROMANIA
Tel: +40 (21) 307 02 11
Fax: +40 (21) 312 38 05
Email: notifications@bnro.ro
Yes No
Slovak
Republic
The National Bank of Slovakia
Imricha Karvaša 1
813 25 Bratislava
SLOVAK REPUBLIC
Tel: +421 2 5787 2865
Fax: +421 2 5787 1176
Email: notificationsfi@nbs.sk
Yes No
Slovenia Bank of Slovenia
(Banking Supervision Department)
Slovenska 35
S1-1505 Ljubljana
SLOVENIA
Tel: +386 1471 9000
Fax: +386 1251 5516
Email:
No No
Spain Banco de Espana
(General Directorate of Regulation)
Alcala 48
28014 Madrid
SPAIN
Tel: +34 91 338 5000
Fax: +34 91 531 0059
Email:pasaporte.comunitario@bde. es
Yes No
Sweden Finansinspektionen
(Licences and Legal Affairs Yes Yes

Department)
PO Box 6750
SE-113 85 Stockholm
SWEDEN
Tel: +468 787 8000
Fax: +468 24 1335
Email: finansinspektionen@fi.se
United
Kingdom
The Financial Services Authority
(FSA)
(Passport Notification Unit)
25 The North Colonnade
Canary Wharf
London
E14 5HS
UNITED KINGDOM
Tel: +44 (0) 20 7066 1000
Fax: +44 (0) 20 7066 9798
Email:
passport.notifications@fsa.gov.uk
Yes Yes

ANNEX 4 – List of website addresses of public registers
for credit institutions in various Member States Member State Website Address Austria www.fma.gv.at Belgium www.cbfa.be Bulgaria www.bnbank.org Cyprus www.centralbank.gov.cy Czech Republic www.cnb.cz Denmark www.ftnet.dk Estonia www.fi.ee Finland www.fin-fsa.fi France www.banque-france.fr/gb/supervi/agrement/agrement_list.htm Germany www.bafin.de http://www.bafin.de/nn_720486/EN/Service/Searchcompanies/searchcompanies__node.html?__nnn=true Greece www.bankofgreece.gr Hungary www.pszaf.hu Iceland www.fme.is Ireland www.financialregulator.ie Italy www.bancaditalia.it Latvia www.fktk.lv Liechtenstein www.fma-li.li Lithuania www.lb.lt Luxembourg www.cssf.lu Malta www.mfsa.com.mt Netherlands www.dnb.nl Norway www.kredittilsynet.no Poland www.knf.gov.pl Portugal www.bportugal.pt Romania www.bnro.ro Slovak Republic www.nbs.sk Slovenia www.bsi.si Spain www.bde.es Sweden www.fi.se

United Kingdom www.fsa.gov.uk/register

ANNEX 5 – List of competent bodies for receipt of
complaints and out-of-court settlements of complaints Member State Competent Body Receipt of complaints Out-of-court settlements Austria Financial Market Authority Department for consumer information and complaints management Praterstrasse 23 A-1020 Vienna AUSTRIA Tel: +43 124959 5108 Fax: +43 124959 5199 E-Mail: fma@fma.gv.at Yes No Belgium Service de médiation Banques - Crédit - Placements Ombudsman Rue Belliard 15-17, boîte 8 1040 Brussels Tel.: +32 2 545 77 70 Fax: +32 2 545 77 79 Email: Ombudsman@OmbFin.be Yes Yes Bulgaria 1. Legal Services and Administration Directorate Banking Supervision Department Bulgarian National Bank 1, Knyaz Alexander I Square 1000 Sofia Tel: +359 (2) 9145 2103 Fax: +359 (2) 9145 2535 Email: Timnev.T@bnbank.org
2. Payment Disputes Conciliation
Committee at the Commission for
Consumers Protection
4 A, Slaveykov Square
1000 Sofia
Email: info@kzp.bg
Tel: +359 2 933 05 00 www.kzp.bg
Yes
Yes
Payment
Disputes
No
Yes
Payment
Disputes
Cyprus
Czech Republic Czech National Bank

Na Přikopě 28
11503 Prague 1
CZECH REPUBLIC
Tel: +420 22441 2004
Fax: +420 22441 2922
Email: info@cnb.cz
Czech Financial Arbitrator
Washingtonova 25
110 00 Praha 1
Tel.: +420 221 674 600
Fax: +420 221 674 666
E-mail: arbitr@finarbitr.cz
Yes
Yes (only specific cases)
No
Yes (only specific cases)
Denmark Finanstilsynet
Aahusgade 110
2100 Copenhagen
Denmark
Tel: +45 3355 8282
Fax: +45 33558200
Email: Finanstilsynet@ftnet.dk
Erhvervsankenaevnet@ftnet.dk / The
Commercial Appeal Board
Kampmannsgade 1
PO Box 2000
1780 Copenhagen
Denmark
Tel: +45 3330 7622
Fax: +45 3330 7600
Email: erhvervsankenaevn@eogs.dk

Yes
Yes
No
Yes
Estonia Finantsisnpektsioon
Sakala 4
15030 Tallinn
Tel: (+372 ) 668 0500
Fax: (+372) 668 0535 e-mail: info@fi.ee Yes No Finland Vakuutus- ja rahoitusneuvonta Porkkalankatu 1 00180 Helsinki Puhelin +358 9 6850 120 Faksi +359 09 6850 1220 Yes Yes France Secrétariat du COMITE DE LA MEDIATION BANCAIRE BANQUE DE FRANCE

31, rue Croix-des-Petits-Champs
CC 18-1173
75049 PARIS Cedex 01 ctemediation@banque-france.fr Please note that the duty of this Committee is to regulate the mechanism of banking mediation. It does not have any competence for intervening directly in the settlement of complaint. Banking mediation :
Each credit institution appoints an ombudsman whose contact details are available on: www.banque￾france.fr/fr/instit/services/protection _consommateur/mediation_bancaire. htm répertoire des adresses de saisine des médiateurs No Yes No Yes Germany Bundesanstalt für Finanzdienstleistungsaufsicht Referat Q 23 Graurheindorfer Str. 108 53117 Bonn Email: kontakt￾bafin@noreply.bund.de Ombudsmann der privaten Banken Bundesverband deutscher Banken Postfach 04 03 07 10062 Berlin http://www.bankenombudsmann.de Ombudsmann der öffentlichen Banken Bundesverband Öffentlicher Banken Deutschlands Postfach 11 02 72 10832 Berlin http://www.voeb.de Deutscher Sparkassen- und Giroverband Charlottenstraße 47 10117 Berlin http://www.dsgv.de Ombudsmann der genossenschaftlichen Bankengruppe Bundesverband der Deutschen Volks￾Yes Yes

und Raiffeisenbanken
Postfach 30 92 63
10760 Berlin http://www.bvr.de
Schlichtungsstelle der Deutschen
Bundesbank
Deutsche Bundesbank
Postfach 11 12 32
60047 Frankfurt am Main http://www.bundesbank.de Greece Hellenic Ombudsman for Banking￾Investment Services Massalias 1, 106 80 Athens Tel: +30 210 337 6700 Fax: +30 210 3238821 Email: contact@bank-invest.omb.gr P.O. Box 3391, GR-102 10, Athens Greece Yes Yes Hungary Hungarian Financial Supervisory Authority H-1013 Budapest Krisztina krt. 39. Tel:489-06-40-203-776 E-mail: ugyfelszolgalat@pszaf.hu Yes No Iceland Fjarmalaeftirlitið Suðurlandsbraut 32 108 Reykjavik Iceland Tel: +354 525 2700 Fax: +354 525 2727 Email: linda@fme.is Úrskurðarnefnd um viðskipti við fjármálafyrirtæki Suðurlandsbraut 32 108 Reykjavík Iceland Tel: +354 525 2700 Fax: +354 525 2727 urskfjarm@fme.is Yes Yes No Yes Ireland Financial Services Ombudsman 3rd Floor, Lincoln House, Lincoln Place, Dublin 2 Yes Yes

Local: 1890 88 20 90
Tel: +353 1 6620899
Fax: +353 1 6620890
Italy Ombudsman Bancario
Via IV Novembre 114
00186 Roma
ITALY
Tel: +39 06 6767236
Fax: +39 06 6767400
Email: pm@abi.it
Yes Yes
Latvia Latvia Ombudsman of the
Association of Commercial Banks
Perses street 9/11
Riga, Latvia
Phone: +371 67284528,
Fax: +371 67828170
Email: office@bankasoc.lv
Yes Yes
Liechtenstein Bank Ombudsman of Liechtenstein Mitteldorf 1 PO Box 343 9490 Vaduz Principality of Liechtenstein Phone: +423 238 10 30 Fax: +423 238 10 31 e-mail: info@bankenombudsmann.li Yes Yes Lithuania Luxembourg Commission de Surveillance du Secteur Financier 110 route d’Arlon L-2991 Luxembourg Tel: +352 26 251-1 Fax: +352 26 251-601 Email: sg@cssf.lu Yes Yes Malta Consumer Complaints Manager Malta Financial Services Authority, Notabile Road, Attard, BKR 3000 Malta. Tel. No: 0035621441155 Email: consumerinfo@mfsa.com.mt web-site:
http://www.mfsa.com.mt/consumer
Yes Yes

Netherlands Klachteninstituut Financiële Dienstverlening Kifid Postbus 93257 2509 AG Den Haag Tel: +31 70-333 8 999 Yes Yes Norway Bankklagenemnda - The Complaints Board for Consumers in banking, finance and mutual fund matters Universitetsgt 8, P.O. Box 6855 St. Olavs Plass, N-0130 OSLO Norway Telephone: +47 22 20 30 14 Fax: +47 22 20 31 90 www.bankklagenemnda.no Yes Yes Poland 1) Polish Financial Supervision Authority, Plac Powstańców Warszawy 1, 00-950 Warsaw, Poland

• Arbitration Court; ph: (+48 22) 26
  24 054; email:
  sad.polubowny@knf.gov.pl
• Consumer Protection Department;
  ph: (+48 22) 262-40-54 ;fax: (+48

22. 262-40-74 ; email:
    dok@knf.gov.pl
23. Office of Competition and
    Consumer Protection; Pl.
    Powstańców Warszawy 1, 00-950,
    Warsaw, Poland, ph.: (+48 22) 826
    34 14, (+48 22) 556 02 30 fax: (+48
24. 826 61 25, e-mail:
    sp@uokik.gov.pl, ddk@uokik.gov.pl)
25. Banking Ombudsman at the Polish
    Bank Association: Bankowy Arbitraż
    Konsumencki, ul.Kruczkowskiego 8
    00-380 Warszawa telefon (+48 22)
    48 68 400
    Yes
    Yes
    No
    Yes
    Portugal Banco de Portugal
    (Banking Supervision Department)
    Rua Francisco Ribeiro, 2
    1150-165 Lisbon
    PORTUGAL
    Tel: +351 21313 0000
    Fax: +351 21353 2591
    Yes No

Romania National Authorityy for Consumers’ Protection 72 Bd. Aviatorilor Bucharest 1 Romania Tel: +40 21 312 12 75 Fax: +40 21 314 34 62 e-mail: office@anpc.ro Yes Yes Slovak Republic The National Bank of Slovakia Imricha Karvaša 1 813 25 Bratislava SLOVAK REPUBLIC Tel: +421 2 5787 2860 Email: Peter_Balaz@nbs.sk Yes No Slovenia Settlement Council at the Bank Association of Slovenia in Out-of-Court Settlement of Disputes between Clients and the Bank The Bank Association of Slovenia Šubičeva ulica 2 1000 Ljubljana SLOVENIA Tel: + 386 1 24 29 700 Fax: + 386 1 24 29 713 Yes Yes Spain Banco de España Servicio de Reclamaciones Alcalá, 48, 28014 Madrid Tel: 913 385 068 and 913 385 851 www.bde.es/servicio/reclama/reclam ae.htm Yes No Sweden The Swedish National Board for Consumer Complaints (Allmänna reklamationsnämnden Box 174 S-101 23 Stockholm SWEDEN Tel: +46 (0)8 508 860 00 Email: arn@arn.se www.arn.se The Swedish Financial Supervisory Authority (Finansinspektionen) Box 7821 SE-103 97 Stockholm SWEDEN Yes No

Tel: +46 (0)8 787 80 00
Email:
finansinspektionen@finansinspektion en.se www.fi.se The Swedish Consumer Agency (Konsumentverket) Box 48 SE-651 02 Karlstad SWEDEN Tel: +46 (0)771 42 33 00 Email:konsumentverket@konsument verket.se www.konsumentverket.se The Swedish Consumers´Banking & Finance Bureau (Konsumenternas Bank- och finansbyrå) Box 242 23 SE-104 51 Stockholm SWEDEN Tel: + 46 (0)8 24 30 85 Fax: +46 (0)8 522 789 55 www.konsumentbankbyran.se Yes Yes No No United Kingdom Financial Ombudsman Service South Quay Plaza 183 Marsh Wall London E14 9SR UNITED KINGDOM Tel: +44 (0)20 7964 1000 Email: complaint.info@financial￾ombudsman.org.uk Yes Yes

ANNEX 6 – List of compensation schemes
Member
State
Compensation Scheme
Austria Einlagensicherung der Banken & Bankiers Gesellschaft m.b.H. A-1013 Wien Börsegasse 11 Tel: +43 (1) 533 98 03-0 Fax: +43 (1) 533 98 03-5 office@einlagensicherung.at HYPO-Haftungs Gesellschaft m.b.H A-1040 Wien Brucknerstraße 8 Tel: +43 (1) 505 87 32-0 Fax: +43 (1) 505 87 32-20 verband@hypoverband.at Österreichische Raiffeisen-Einlagensicherung regGenmbH A-1030 Wien Am Stadtpark 9 Tel: +43 (1) 71707-1884 01 Fax: +43 (1) 71707-2496 johannes.schuster@rzb.at Schultze-Delitzsch-Haftungsgenossenschaft reg.GenmbH A-1013 Wien Löwelstraße 14 Tel: +43 (1) 31328-28 Fax: +43 (1) 31328-58 kurt_grossauer@oegv.volksbank.at Sparkassen-Haftungs AG A-1030 Wien Grimmelshausengasse 1 Tel: +43(0)5 0100 - 28455 Fax: +43(0)5 0100 – 28536 hans.riefel@sv.sparkasse.at Belgium Protection fund for deposits and financial instruments boulevard de Berlaimont 14 1000 Brussels Email : protectionfund@nbb.be Tel : 32.2.221.38.92 www.protectionfund.be Bulgaria Bulgarian Deposit Insurance Fund (BDIF)

27, Vladaiska Street
1606 Sofia
Tel: +359 (2) 953 1217
Fax: +359 (2) 953 1318
Email: contact@dif.bg www.dif.bg
Cyprus Management Committee
Investor Compensation Fund for Clients of Banks P.O. Box 25529, 1395 – Nicosia Tel: 22 714100 Fax: 22 378049 Email: info@centralbank.gov.cy Management Committee, Deposit Protection Scheme P.O. Box 25529, 1395 Nicosia Email: info@centralbank.gov.cy Tel: 22 714100 Fax: 22 378049 Email: info@centralbank.gov.cy Czech Republic Fond pojištění vkladů (Deposit Insurance Fund) Růžová 15 110 00 Prague 1 Fax: +420 225375309 www.fpv.cz Denmark Indskydergarantifonden / The Guarantee fund for Depositors and Investros PO Box 2082 1013 Copenhagen Denmark Tel: +45 3314 6245 Fax: + 45 3314 9437 Email: gii@gii.dk

Estonia Tagatisfond
Roosikrantsi 2
10119 Tallinn
Tel: (+372) 611 0730
Fax: (+372) 611 0732 www.tf.ee
Finland The Deposit Guarantee Fund c/o Federation of Finnish Financial Services Bulevardi 28 FI-00120 Helsinki Phone +358 20 793 4245, fax +358 20 793 4202 France Fonds de garantie des dépôts

4 rue Halévy
75009 PARIS
Tel : +33 1 58 18 38 08
Fax : +33 1 58 18 38 00 www.garantiedesdepots.fr Germany Entschädigungseinrichtung deutscher Banken GmbH Burgstraße 28 10178 Berlin Tel: +49 30 59 00 11 960 Telefax: +49 30 59 00 11 969 Email: info@edb-banken.de Entschädigungseinrichtung des Bundesverbandes Öffentlicher Banken Deutschlands GmbH Lennéstr. 11 10785 Berlin Telefon: +49 30 30 81 92-0 Telefax: +49 30 30 81 92-222 Email: einlagensicherung@voeb.de Greece Hellenic Deposit and Investment Guarantee Fund Amerikis 6, 2nd floor, 10671 Athens Tel: (+30)210 3639933, (+30) 2103635433 (+30) 2103638339, (+30) 2103637972 Fax: (+30)210 3635582 Email: info@hdgf.gr Hungary Országos Betétbiztosítási Alap/National Deposit Insurance Fund 1027 Budapest, Csalogany u. 9-11. Tel: (00-36) 1-214-0661 Fax: (00-36) 1-214-0665 Email: info@oba.hu Iceland Depositors’ and Investors’ Guarantee Fund Borgartun 26, 105 Reykjavik Iceland Tel: +354 540 1200 e-mail: tif@tif.is Ireland Central Bank & Financial Services Authority of Ireland PO Box 559 Dame Street Dublin 2 Ireland Telephone: + 353 1 224 6000 Fax: + 353 1 671 6561 http://www.centralbank.ie/index.asp Italy F.I.T.D. - FONDO INTERBANCARIO DI TUTELA DEI DEPOSITI

VIA DEL PLEBISCITO, 102 - ROMA –
Tel. 06-699861
Fax 06-6798916 www.fitd.it
Latvia Financial and Capital Market Commission 1 Kungu Street Riga LV 1050 LATVIA Tel: +371 6777 4800 Fax: +371 6722 5755 Email: fktk@fktk.lv Liechtenstein Deposit Guarantee and Investor Protection Foundation c/o Liechtenstein Bankers Association Pflugstrasse 20 PO Box 254 9490 Vaduz Principality of Liechtenstein Phone: + 423 230 13 23 Fax: + 423 230 13 24 Email: info@bankenverband.li Lithuania Luxembourg Association pour la Garantie des Dépôts Luxembourg (AGDL) B.P. 241 L-2012 Luxembourg Tel: +352 46 36 60-1 Fax: +352 46 09 21 E-mail: info@agdl.lu Malta Depositor Compensation Scheme c/o Malta Financial Services Authority Notabile Road, Attard, BKR 3000, Malta e-mail: info@compensationschemes.org.mt web-site: http://www.compensationschemes.org.mt Netherlands De Nederlandsche Bank NV Westeinde 1 PO Box 98 1000 AB Amsterdam NETHERLANDS Tel: +31 0800 - 020 1068 Email: info@dnb.nl

Norway Bankenes Sikringsfond - The Norwegian Bank' Guarantee Fund Universitetsgt 8, P.O.Box 6805 St Olavs Plass, N-0130 Oslo Norway Tel:+47 22 11 00 75 Fax:+47 22 11 07 69 E-mail: firmapost@sikringsfondet.no www.bankenessikringsfond.no Poland Bank Guarantee Fund Ks.Ignacego Jana Skorupki St.4 00-546 Warsaw Poland Portugal Fundo de Garantia de Depósitos Avenida da República, 57 – 8° 1050-189 LISBOA PORTUGAL Tel: +351 21 792 5735 Fax: +351 21 794 2001 Email: ajaguas@sgfpbp.pt Romania Deposit Guarantee Fund in the Banking System 3 Negru Vodă Str., corp A3, et.2, Bucureşti 3, cod 030774 Tel: +40 213.205.120, +40 213.205.122 Fax: +40314.232.800 Email: office@fgdb.ro Slovak Republic Slovenia Bank of Slovenia Slovenska 35 S1-1505 Ljubljana SLOVENIA Tel: + 386 1 47 19 000 Fax: + 386 1 25 15 516 Spain Fondos de Garantía de Depósitos C/ José Ortega y Gasset, 22 - 5ª planta. 28006 Madrid Tel: +34 91 431 66 45 - Fax: +34 91 575 57 28 Email: fogade@fgd.es www.fgd.es Fondo de Garantía de Inversiones. Paseo de la Habana, 82, 1º Dcha. 28036 Madrid. Telephone: + 34 91 443 06 50. www.fogain.com/apartado/4 Sweden The Swedish National Dept Office (Riksgälden) Deposit guarantee and Investor Compensation SE-103 74 Stockholm

SWEDEN
Tel: + 46 (0)8 613 52 00
Email: ig@riksgalden.se www.rgk.se www.insattningsgarantin.se United Kingdom Financial Services Compensation Scheme 7th floor, Lloyds Chambers Portsoken Street London E1 8BN UNITED KINGDOM Tel: +44 (0)20 7892 7300 Email: enquiries@fscs.org.uk www.fscs.org.uk

ANNEX 7 – Joinder agreement
The undersigned Competent Authority, designated to carry out duties under Directive 2006/48/EC, having given notice of its intent to participate in this Guideline and having received the consent of all parties thereto, hereby agrees to be bound by the terms of the Guideline as now in effect and as may be amended from time to time. This Declaration of Joinder shall be effective as of the date first written below. Date:
Joining Authority:
Signature:
Name:
Contact person: