SCHEDULE 2 ANNEX TO THE INVESTMENT SERVICES DIRECTIVE
ANNEX Section A
Services
1
a
Reception and transmission, on behalf of investors, of orders in relation to one or more instruments listed in Section B.
b
Execution of such orders other than for own account.
2
Dealing in any of the instruments listed in Section B for own account.
3
Managing portfolios of investments in accordance with mandates given by investors on a discretionary, client-by-client basis where such portfolios include one or more of the instruments listed in Section B.
4
Underwriting in respect of issues of any of the instruments listed in Section B and/or the placing of such issues.
Section B
Investments
1
a
Transferable securities.
b
Units in collective investment undertakings.
2
Money-market instruments.
3
Financial-futures contracts, including equivalent cash-settled instruments.
4
Forward interest-rate agreements (FRAs).
5
Interest-rate, currency and equity swaps.
6
Options to acquire or dispose of any instruments falling within this section of the Annex, including equivalent cash-settled instruments. This category includes in particular options on currency and on interest rates.
Section C
Non-core services
1
Safekeeping and administration in relation to one or more of the instruments listed in Section B.
2
Safe custody services.
3
Granting credits or loans to an investor to allow him to carry out a transaction in one or more of the instruments listed in Section B, where the firm granting the credit or loan is involved in the transaction.
4
Advice to undertakings on capital structure, industrial strategy and related matters and advice and service relating to mergers and the purchase of undertakings.
5
Services related to underwriting.
6
Investment advice concerning one or more of the instruments listed in Section B.
7
Foreign-exchange services where these are connected with the provision of investment services.