CNAE 64.2—Activities of holding companies and financing vehicles

Where 64.2 sits

1. L Financial and Insurance Activities
2. 64 Financial services, except insurance and pension funds
3. 64.2 Activities of holding companies and financing vehicles

Contains 2 narrower codes

• 64.21 Activities of holding companies
• 64.22 Activities of instrumental financing companies

What 64.2 includes

• This group includes the activities of holding companies and financing conduits. These are corporate groups' captive financial entities, in other words, units created by a financial or non-financial group to fulfil specific financial activities and whose main activity is, respectively, to own the group or to act as a vehicle to arrange and channel funds within the group.

What 64.2 excludes

• Captive factoring and invoicing companies (see 64.92)
• Own account investment activities (e.g. by venture capital companies, private equity firms) (see 64.99)
• Active management of companies and enterprises, strategic planning and decision-making of the company (see 70.10)
• Other activities of corporate groups' captive financial entities, which are captured under the relevant activity classes

64.2 in other systems