Scope
The disclosure pursuant to Article 144 of the Banking Directive (DI 2006/48/EC) is executed in line with § 2 a (6) of the German Banking Act (KWG) on a consolidated basis. MLP Finanzdienstleistungen AG, as the depository institution and higher-ranking company of the supervisory Financial Holding Group as per § 10 a (3) of the German Banking Act (KWG), hereby implements the supervisory disclosure requirements by December 31, 2009 in accordance with § 26a of the German Banking Act (KWG) in connection with §§ 319 – 337 of the Solvency Ordinance (SolvV).
MLP applies the waiver rule according to § 2a of the German Banking Act (KWG) for the Financial Holding Group in line with § 10 of the German Banking Act (KWG). MLP Finanzdienstleistungen AG has reported to that it has fulfilled the conditions stipulated by § 2a (6) no. 1 and no. 2 of the German Banking Act (KWG) [the Deutsche Bundesbank and the Federal Financial Supervisory Authority (BaFin)] in accordance with § 2 a (2) sentence 1 of the German Banking Act (KWG).
The supervisory scope of consolidation of the MLP Financial Holding Group as per § 10 a of the German Banking Act (KWG) consists of MLP AG, Wiesloch, MLP Finanzdienstleistungen AG, Wiesloch, Feri Finance AG, Bad Homburg v. d. Höhe, Feri Family Trust GmbH, Bad Homburg v. d. Höhe, Feri Institutional Advisors GmbH, Bad Homburg v. d. Höhe, MLP Finanzdienstleistungen AG, Vienna (until December 31, 2009), and from January 21, 2009 also ZSH GmbH Finanzdienstleistungen, Heidelberg.
Within the scope of risk management, Feri EuroRating Services AG, Bad Homburg v. d. Höhe, and TPC THE PENSION CONSULTANCY GmbH, Hamburg, are also included in the supervisory scope of consolidation as per § 25 a (1 a) of the German Banking Act (KWG).
The relevant supervisory disclosures as per § 26 a of the German Banking Act (KWG) made within the scope of the risk reporting of the MLP Group are designated as such.