The document outlines a new proposed framework for AWM regarding CFP deals with KCP clients. It emphasizes the need to strengthen the current regime by introducing CFP deals to 'professional investor' classified AWM KCP clients with 'big boy' letters. These letters should disclose DB AG's conflicts of interest and require clients to have the necessary expertise to conduct due diligence. The document also discusses the AWM internal review and approval process, including risk assessment and the role of the Suitability & Appropriateness Committee.
documents/vol00010-efta01460557-pdf.pdf
{"title":"AWM New Proposed Framework","document_type":"correspondence","document_subtype":"internal memo","key_organizations":["Deutsche Asset & Wealth Management","AWM","DB AG"],"reference_numbers":["DB-SDNY-0121902","SDNY_GM_00268086","EFTA01460557"]}