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h d by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority | Lynch (Asia ch (Singapore): Merrill Lynch (Singapore)
c-17 expiry 6m Sep-17 expiry Rationale Buy EEM puts financed by a basket of EM puts to lever near record low correl Hedge the China tech bubble; Tencent unlikely to stand still after a 45% rally YTD Hedge the upside into MSCI announcement on 20-Jun Fundamental case to be long EU equities remains int
Page: HOUSE_OVERSIGHT_023598 →his sector will continue. These include: e Data privacy issues impacting a broad range of companies, including Facebook, Google, Twitter, Alipay and Tencent. e High likelihood of greater regulatory scrutiny in the US? and Europe as policy makers increasingly believe that these companies will not address
Page: HOUSE_OVERSIGHT_026904 →nection with its distribution in the United Kingdom, this material has been issued and approved by Goldman Sachs International which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. This material has been approved for issue in the United Kingdom
Page: HOUSE_OVERSIGHT_026906 →his sector will continue. These include: e Data privacy issues impacting a broad range of companies, including Facebook, Google, Twitter, Alipay and Tencent. e High likelihood of greater regulatory scrutiny in the US? and Europe as policy makers increasingly believe that these companies will not address
Page: HOUSE_OVERSIGHT_026919 →nection with its distribution in the United Kingdom, this material has been issued and approved by Goldman Sachs International which is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. This material has been approved for issue in the United Kingdom
Page: HOUSE_OVERSIGHT_026921 →Entities connected to both the Prudential Regulation Authority and Tencent

Frankfurt
LOCATION
United Kingdom
LOCATION
Jeffrey Epstein
PERSON
Donald Trump
PERSON
Bloomberg L.P.
ORGANIZATION
Marc Rich
PERSON
Michael Bloomberg
PERSONthe Dubai Financial Services Authority
ORGANIZATION
Bank of America
ORGANIZATION
Seoul
LOCATION
Hong Kong
LOCATION
United States
LOCATION
Merrill Lynch
ORGANIZATION
BofA Merrill Lynch
ORGANIZATION
Merrill Lynch Global Wealth Management
ORGANIZATIONThe Monetary Authority of Singapore
ORGANIZATIONMerchant Bank
ORGANIZATIONThe Financial Service Board
ORGANIZATION
Bank of America Corporation
ORGANIZATIONthe Financial Supervisory Service
ORGANIZATION