ANNEX I Banking services linked with the capital movements referred to in lists A and B in Annex I to the first Directive of 11 May 1960, as supplemented and amended by the second Directive of 18 December 1962 (1)
LIST A
Direct investments - Commercial and financial information (soliciting custom, information on solvency of client, statistics, forwarding of accountancy data)
- Assistance and representation before the (administrative and judicial) authorities and other competent bodies
- Advice and assistance to undertakings with a view to their possible merger (seeking of foreign partners, expert advice etc.)
- Aid in large-scale share buying (particularly for take-over bids) in order to obtain a controlling interest in an undertaking (stock exchange formalities, capital financial assessment, ect.)
- Physical exchange of securities
- Custody of securities
- Delivery of securities allotted to the shareholders of a company.
Liquidation of direct investments - Commercial and financial information (soliciting custom etc.)
- Assistance and representation before the (administrative and judicial) authorities and other competent bodies
- Advice and assistance to undertakings with a view to facilitating liquidation operations
- Aid in the large-scale sale of shares
- Physical exchange of securities
- Custody of securities.
Investments in real estate and liquidation thereof - Commercial and financial information
- Assistance and representation before the (administrative and judicial) authorities and other competent bodies
- Advice and assistance concerning investments and the liquidation thereof
- Administration of estates (assistance and representation in connection with the upkeep of the property, letting, etc.)
- Assistance for the building-up and possible liquidation of sureties and guarantees of all kinds not issued by banks. (1)The headings are defined in the explanatory notes annexed to the First Directive for the implementation of Article 67 These definitions have been adopted in this table. The services listed in this Annex are not liberalized if they relate to capital movements other than those in lists A and B. The headings underlined correspond to those in lists A and B of the Directives on the capital movements in question.
Personal capital movements - Estate management on the occasion of succession (payment of taxes, search for missing persons, etc.).
The granting and repayment of short-term and medium-term credits in respect of commercial transactions or provision of services in which a resident is participating - Commercial and financial information (soliciting custom, etc.)
- Assistance and representation before the (administrative and judicial) authorities and other competent bodies
- Advice on the financial management of an undertaking
- Recovery of claims
- Collection of bills
- Domiciling of bills
- Management of documentary credits
- Assistance for the building-up and possible liquidation of sureties and guarantees of all kinds not issued by banks
- Blocking of cash, bonds or securities belonging to a client and guaranteeing his obligation towards a third party
- Canvassing on behalf of third parties
- Services in connection with factoring operations.
Sureties, other guarantees and rights of pledge and transfers connected with them
(sureties and guarantees issued by banks)
Death duties - Tax information,
- Tax deposits.
Other capital transactions in list A
From a banking point of view these other transactions only involve transfers.
LIST B
Operations in securities dealt in on a stock exchange excluding units of unit trusts - Receipt of orders to buy and sell
- Assistance in the issue of bearer certificates representing securities previously issued and dealt in on a stock exchange
- Servicing of securities (stamping, renewal of coupons, exchange, renewal, regrouping, splitting up, destruction)
- Financial services (payment of coupons, redemption of securities, aid in exercizing allotment and subscription rights, etc.)
- Financial information (current information, analyses, etc.)
- Advice on investments in stocks and shares dealt in on a stock exchange
- Management of a portfolio of securities dealt in on a stock exchange (1)
- Acceptance and implementation of powers of attorney for exercizing the rights of holders of securities dealt in on a stock exchange (particularly representation at shareholders'meetings and in court)
- Custody of securities
- Conversion of securities
- Assistance for entry on the official list of securities assigned to the holders of securities dealt in on a stock exchange
- Canvassing on behalf of third parties in connection with securities dealt in on a stock exchange
- Search for another party with a view to buying or selling securities dealt in on a stock exchange
- Acting as a clearing house. (1)These services concern both private and corporate investors.