UK SIC 64.215—Activities of bank financial holding companies

Where 64.215 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.2 Activities of holding companies and financing conduits
4. 64.21 Activities of holding companies
5. 64.215 Activities of bank financial holding companies

What 64.215 includes

• Companies whose principal activity is to own a group of uk subsidiary corporations that have banking licences in the uk, through holding at least 50% of the subsidiaries' equity whilst not offering any banking services themselves.

What 64.215 excludes

• Activities of shareholding companies, not owning controlling levels of equity, see 64.34
• Other financial service activities n.e.c., except insurance and pension funding activities, see 64.99
• Activities of asset management on a fee or contract basis, see 66.30
• Provision of managerial services (e.g. strategic planning, decision-making and administrative services of a head office), see 70.10
• Active management of companies and enterprises, strategic planning and decision-making of the company, see 70.10

64.215 in other systems