Definition
−IF [Counterparty reference.Institutional sector] IN {Central Bank, Credit institutions, Deposit-taking corporations other than credit institutions, Money Market funds, Non- MMF investment funds, Financial vehicle corporations (FVCs) engaged in securitisation transactions, Other financial intermediaries, except insurance corporations, pension funds and financial vehicle corporations engaged in securitisation transactions, Financial auxiliaries, Captive financial institutions and money lenders, Insurance corporations, Pension funds} THEN [Counterparty reference.Economic activity] IN {‘64,65,66’}
+IF [Counterparty reference.Institutional sector] IN {Central Bank, Credit institutions, Deposit-taking corporations other than credit institutions, Money Market funds, NonMMF investment funds, Financial vehicle corporations (FVCs) engaged in securitisation transactions, Other financial intermediaries, except insurance corporations, pension funds and financial vehicle corporations engaged in securitisation transactions, Financial auxiliaries, Captive financial institutions and money lenders, Insurance corporations, Pension funds} THEN [Counterparty reference.Economic activity] IN {‘64,65,66’}
Kurzbeschreibung
−This validation check ensures that the value reported for the [Institutional sector] attribute is consistent with the [Economic activity] attribute for financial corporations. This means that institutions which have been reported as a financial corporation are reported with the economic activity corresponding to a financial institution. The codes used represent the first two digits of level 2, 3 or 4 NACE codes.
+This validation check ensures that the value reported for the [Institutional sector] attribute is consistent with the [Economic activity] attribute for financial corporations. This means that institutions which have been reported as a financial corporation must be reported with the economic activity corresponding to a financial institution. The codes used represent the first two digits of level 2, 3 or 4 NACE codes.