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K - FINANCIAL AND INSURANCE ACTIVITIES

CAEN Code 6499: Other financial service activities, except insurance and pension funding n.e.c.

This class includes:

  • Other financial service activities, primarily related to fund distribution, except lending.
    • 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 CAEN 6491
  • security dealing on behalf of others, see CAEN 6612
  • trade, leasing and rental of real estate property, see division 68 - bill collection without debt buying up, see CAEN 8291
  • grant-giving activities by membership organisations, see CAEN 9499

Also used for in caselaw:

  • Acting as a buyer for the seller of swaps and options, and as seller for the buyer of swaps and options, i.e. acting as both buyer and seller, i.e. on own account
  • Purchase and brokerage of receivables