Published: 01.01.2013 Updated: 18.07.2023

Financial corporations that are primarily engaged in auxiliary financial activities, i.e. activities that are closely related to financial intermediation but are not financial intermediation themselves, e.g. investment brokers who do not engage in financial intermediation services on their own behalf, corporations that provide infrastructure for financial markets, supervisory institutions of monetary financial institutions, financial institutions and the financial market (NASDAQ Riga, Nasdaq CSD SE, insurance brokerage companies, currency exchange companies, investment management corporations, head offices whose subsidiaries or most of subsidiaries are financial institutions, as well as private pension funds without pension scheme assets).
The definition of the concept is consistent with Regulation (EU) No 549/2013 of the European Parliament and of the Council of 21 May 2013 on the European system of national and regional accounts in the European Union.