Division SECTION C Banking-type ancillary services

Banking-type services directly related to core or ancillary services listed in Sections A and B, such as:

1. (a)

   Providing cash accounts to, and accepting deposits from, participants in a securities settlement system and holders of securities accounts, within the meaning of point 1 of Annex I to Directive 2013/36/EU;

2. (b)

   Providing cash credit for reimbursement no later than the following business day, cash lending to pre-finance corporate actions and lending securities to holders of securities accounts, within the meaning of point 2 of Annex I to Directive 2013/36/EU;

3. (c)

   Payment services involving processing of cash and foreign exchange transactions, within the meaning of F1regulation 2 of the Payment Services Regulations 2017;

4. (d)

   Guarantees and commitments related to securities lending and borrowing, within the meaning of point 6 of Annex I to Directive 2013/36/EU;

5. (e)

   Treasury activities involving foreign exchange and transferable securities related to managing participants’ long balances, within the meaning of points 7(b) and (e) of Annex I to Directive 2013/36/EU.