SNI 64.999—Various other financial service activities, except insurance and pension funding n.e.c.

Where 64.999 sits

1. L Financial and Insurance Activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.9 Other financial service activities, except insurance and pension funding
4. 64.99 Other financial service activities, except insurance and pension funding n.e.c.
5. 64.999 Various other financial service activities, except insurance and pension funding n.e.c.

What 64.999 includes

• Other financial service activities primarily focused on the distribution of money other than through lending: • writing swaps, options and other hedging arrangements • companies operating in life insurance lending
• Act as a counterparty for clearing and settlement of transactions
• Activities in financial instruments companies other than securitization
• Transactions for the securitisation of assets other than loans through the issuance of financial instruments
• Issuance of crypto assets with a corresponding debt (not through a monetary authority)

What 64.999 excludes

• Issuance of crypto assets without a corresponding liability (not through a monetary authority), see 63.100
• Financial leasing, see 64.910
• Securitization of loans, see 64.920
• Currency exchange for a fee, e.g. exchange office, see 66.120
• Brokerage of crypto assets with liabilities, see 66.120
• Loan advice and mortgage brokerage, see 66.190
• Collection of receivables and sending collected money to customers, e.g. collection of invoices and debts, see 82.910 +F 1816
• Member organizations' allocation of grants and appropriations, see 94.990

Example activities

• invoice financing, invoice purchasing
• mission funds
• holiday funds
• savings banks
• deposits (of non-monetary financial institutions)

64.999 in other systems