In force

64.22Activities of financing conduits

Finansinių bendrovių tarpininkų veikla

Description

  • 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.
  • This class also includes: - 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
  • This class excludes: - management services of public funds and public debt, see 84.11

Equivalents

  • EVRK 2.1 red.64.22In force
  • EVRK 2.1 red.64.22.00In force
  • PKD 202564.22In force
  • PKD 202564.22.ZIn force

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