UK SIC 64.216—Activities of non-bank financial holding companies

Where 64.216 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. 64.216 Activities of non-bank financial holding companies

What 64.216 includes

• Companies whose principal activity is the ownership of a group of financial corporation subsidiaries that do not hold banking licences, through holding at least 50% of the subsidiaries' equity, without engaging/participating in the activities of the financial corporations themselves

What 64.216 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

64.216 in other systems