Other financial service activities, except insurance and pension funding n.e.c.

This class includes:

• other financial service activities primarily concerned with distributing funds other than by granting loans:
  • writing of swaps, options and other hedging arrangements
  • activities of viatical settlement companies
• own account investment and trading activities (e.g. by venture capital companies, investment clubs)
• acting as a counterparty for the clearing and settlement of transactions

This class also includes:

• dealing in financial markets on own account
• trade of receivables on own account
• security and derivate dealers (operating on own account)
• activities of financial vehicle corporations other than securitisation
• securitisation transactions of assets other than loans by issuing financial instruments
• trade of swaps or options on own account
• trade of commodity contracts on own account
• issuing of crypto-assets with a corresponding liability (not by a monetary authority)
• trading of crypto-assets with a corresponding liability on own account
• exchange of currency on own account

This class excludes:

• issuing of crypto-assets without a corresponding liability (not by a monetary authority), see 63.10
• financial leasing, see 64.91
• loan securitisation, see 64.92
• security and commodity contracts dealing on behalf of others (brokerage), see 66.12
• exchange of currency on a fee basis (e.g. bureaux de change), see 66.12
• brokerage of crypto-assets with liabilities that qualify as securities, see 66.12
• mortgage brokerage, see 66.19
• management of investment funds, see 66.30
• trade, leasing and rental of real estate property, see division 68
• bill collection without debt buying up, see 82.91
• grant-giving activities by membership organisations, see 94.99