ICNEA 6911—Trust company

Where 6911 sits

1. J Financial industry
2. 69 Other financial industry
3. 691 Financial trust and management services
4. 6911 Trust company

What 6911 includes

• Refers to a financial institution established with the approval of the China Banking and Insurance Regulatory Commission and mainly engaged in trust business; trust business refers to the business behavior of a trust company that undertakes trust and handles trust affairs as a trustee for the purpose of operating and receiving remuneration.
• Including the following trust company activities：
• Fund trust service;
• Real estate trust services;
• Movable property trust service;
• Securities trust;
• Other property or property rights trusts;
• Engage in investment fund business as the initiator of an investment fund or fund management company;
• Operate the restructuring of corporate assets, mergers and acquisitions and project financing, corporate finance, financial advisory and other businesses;
• Entrusted to operate securities underwriting business approved by relevant departments of the State Council;
• Handle intermediary, consulting, credit investigation and other business;
• Custody and safe deposit box business on behalf of;
• Other businesses stipulated by laws and regulations or approved by the China Banking and Insurance Regulatory Commission.

What 6911 excludes

• Activities that have not been approved by the China Banking and Insurance Regulatory Commission to establish a trust management company shall be included in 6919 (Other financial trust and management services).

6911 in other systems