649 Other financial service activities, except insurance and pension funding activities

This class includes: - leasing where the term approximately covers the expected life of the asset and the lessee acquires substantially all the benefits of its use and takes all the risks associated with its ownership. The ownership of the asset may or may not eventually be transferred. Such leases cover all or virtually all costs including interest. This class excludes: - operational leasing, see division 77, according to type of goods leased

This class includes: - financial service activities primarily concerned with making loans by institutions not involved in monetary intermediation, where the granting of credit can take a variety of forms, such as loans, mortgages, credit cards etc., providing the following types of services: • granting of consumer credit • international trade financing • provision of long-term finance to industry by industrial banks • money lending outside the banking system • credit granting for house purchase by specialised non-depository institutions • pawnshops and pawnbrokers This class excludes: - credit granting for house purchase by specialised institutions that also take deposits, see 64.19 - operational leasing, see division 77, according to type of goods leased - grant giving activities by membership organisations, see 94.99

This class includes: - other financial service activities primarily concerned with distributing funds other than by making loans: • factoring activities • writing of swaps, options and other hedging arrangements • activities of viatical settlement companies - own-account investment activities, such as by venture capital companies, investment clubs etc. This class excludes: - financial leasing, see 64.91 - security dealing on behalf of others, see 66.12 - 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