Activities of financing conduits
What this code covers
Use this class for activities of financing conduits when the main activity includes Activities of captive financial institutions involved in intragroup lending and Brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation. Check exclusions and nearby codes before applying it to a mixed activity.
Official NACE Rev. 2.1 labels and explanatory notes are imported from the source dataset. Plain-language explanations are shown separately so readers can compare interpretation with the source text.
No child codes; this is a class-level code.
- This class includes the activities of financing conduits, in other words, units created by a financial or non-financial group to raise or borrow funds (often on the open market) and to remit those funds to their parent or another entity within the group.
- activities of captive financial institutions involved in intragroup lending
- brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation
- management services of public funds and public debt, see 84.11
- Compare with 84.11, 64.21, 64.2 when the main activity overlaps another code.
- Review the Rev. 2 to Rev. 2.1 mapping type before migrating old records.
- Check national equivalent caveats before using this code for local registration or filing workflows.
- If the main revenue activity appears in an exclusion, compare the alternative code before deciding.
Use this guide as classification support, not legal, tax, filing, or regulatory advice.
- - This class includes the activities of financing conduits, in other words, units created by a financial or non-financial group to raise or borrow funds (often on the open market) and to remit those funds to their parent or another entity within the group.
- - activities of captive financial institutions involved in intragroup lending
- - brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation
- - management services of public funds and public debt, see 84.11
- - Activities of captive financial institutions involved in intragroup lending
- - Brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation
- - Management services of public funds and public debt
What is NACE 64.22 used for?
Use NACE 64.22 for activities of financing conduits when the main activity matches this scope: Use this class for activities of financing conduits when the main activity includes Activities of captive financial institutions involved in intragroup lending and Brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation. Check exclusions and nearby codes before applying it to a mixed activity.
What are typical examples for 64.22?
Typical examples include Activities of captive financial institutions involved in intragroup lending and Brass plate companies engaged in raising funds and remitting those funds to their parent, i.e. units that are owned (directly or indirectly) by a non-resident unit, of which a large part of the balance sheet consists of claims and liabilities towards non-resident units, and that have few or no employees and little or no physical presence in the jurisdiction of incorporation.
When might 64.22 not be the right code?
Review another code when the activity is closer to management services of public funds and public debt, see 84.11.
Which codes should I compare before choosing 64.22?
Compare 64.22 with 84.11 General public administration activities, 64.21 Activities of holding companies, and 64.2 Activities of holding companies and financing conduits when the activity description is ambiguous.
Use this class for general public administration activities when the main activity includes Executive and legislative administration of central, regional and local bodies and Activities of ministries at national and regional levels. Check exclusions and nearby codes before applying it to a mixed activity.
Use this class for activities of holding companies when the main activity includes Activities of holding companies. Check exclusions and nearby codes before applying it to a mixed activity.
Use this group for activities of holding companies and financing conduits when the main activity includes Activities of holding companies and Activities of financing conduits. Check exclusions and nearby codes before applying it to a mixed activity.
Rev. 2 code 64.20 can map to more than one Rev. 2.1 class: 64.21 Activities of holding companies, 64.22 Activities of financing conduits.
Official close match imported from NACE Rev. 2.1.
Datasets, CRM segments, KYC rules, reporting logic, and historical joins may need review because the activity scope is not a simple unchanged carry-over.
Review the official explanatory notes for each target code and confirm whether the business activity still fits the suggested Rev. 2.1 class.
Rev. 2 code 64.99 can map to more than one Rev. 2.1 class: 64.22 Activities of financing conduits, 64.92 Other credit granting, 64.99 Other financial service activities, except insurance and pension funding n.e.c..
Official close match imported from NACE Rev. 2.1.
Datasets, CRM segments, KYC rules, reporting logic, and historical joins may need review because the activity scope is not a simple unchanged carry-over.
Review the official explanatory notes for each target code and confirm whether the business activity still fits the suggested Rev. 2.1 class.