Schedule

“ANNEX

LIST OF ACTIVITIES SUBJECT TO MUTUAL RECOGNITION

1

Acceptance of deposits and other repayable funds from the public.

2

Lending^f1.

3

Financial leasing.

4

Money transmission services.

5

Issuing and administering means of payment (e.g. credit cards, travellers' cheques and bankers' drafts).

6

Guarantees and commitments.

7

Trading for own account or for account of customers in:

(a)

money market instruments (cheques, bills, CDs, etc.);

(b)

foreign exchange;

(c)

financial futures and options;

(d)

exchange and interest rate instruments;

(e)

transferable securities.

8

Participation in securities issues and the provision of services related to such issues ^f2.

9

Advice to undertakings on capital structure, industrial strategy and related questions and advice and 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.”