From: Sent: 8/23/2018 3:03:16 PM To: Thomas Klemm CC: Daphne Cales • Emily Craig • Bradley Gillin Richard larossi • Vinita Advani BCC: Subject: Thomas. Update : Case management on High Risk accounts III Below please find an update on the pending high risk completions. My recommendation to process more quickly through the cases would be to request the following two exceptions from Compliance/KYC: Certificate of Good Standing - COGS should be required every 12-15 months. Requesting this certificate every six months is (1) costly to the client: (2) annoying; and (3) time consuming. What is the rational behind the 6 month request and how was that period of time chosen for this certification; FinCen - Once we provide evidence of requesting the FinCen form from the client, we should move the KYC to the next stage with a 60 day grace period to obtain them. Updates in red below. Khullar Relationship • AMAAN HOLDINGS LLC — Due Date 06/29/2018 — Pending SoS for SAMRA Holdings Ltd (refer attached 1st email) • HATTAN HOLDINGS LLC — DueDate 06/29/2018 — Pending SoS for SAMRA Holdings Ltd (refer attached 1st email) MARSA HOLDINGS LLC — DueDate 06/29/2018 — Pending SoS for SAMRA Holdings Ltd (refer attached 1st email) o Response from client, Deepak Khullar, on 8/9/18 - 'SoS for Sarnia- letter of good standing will have to be sourced from the registrars - CITCO and could take a week to ten days' Jefferies Relationship: • JCP IV QP, LLC — DueDate 06/30/2018 — o All outstanding KYC Does received yesterday. pending review. Cerberus Relationship: • Cerbenis Executive. LLC —DueDate 07/31/2018 — Awaiting dots as per attached 3rd email. I am aware that you have followed up with client on this. so thanks for that. o Working with Cetberus' Council. FinCEN Form, Certificate of Good Standings (within 6 months), and constitutional does from 6 entities were requested. Sillerman Relationship: Aircraft Acquisition Corporation — DueDate 08/03/2018 - Awaiti