Activities of holding companies and financing conduits
NACE v2.1 Code: L64.2
About activities of holding companies and financing conduits
NACE code 64.2 covers the activities of holding companies and financing conduits, which play a crucial role in the broader economy. Holding companies are responsible for owning and managing the shares of other companies, often with the aim of controlling and directing their operations. Financing conduits, on the other hand, are specialized entities that facilitate the flow of capital between different parties, enabling investment and economic growth. These activities are essential for the efficient allocation of resources and the support of various industries and sectors.
Production process
The main activities within NACE code 64.2 involve the management and oversight of subsidiary companies, as well as the facilitation of financial transactions and the movement of capital. Holding companies typically acquire and manage the shares of other enterprises, exercising control over their decision-making and strategic direction. Financing conduits, meanwhile, are responsible for structuring and executing complex financial arrangements, such as securitization, debt financing, and investment vehicles.
Production inputs
The primary inputs required for activities under NACE code 64.2 include financial capital, expertise in corporate governance and financial management, and a thorough understanding of relevant laws and regulations. Holding companies and financing conduits rely on skilled professionals, such as financial analysts, legal experts, and risk management specialists, to effectively manage their operations and navigate the complex financial landscape.
Production outputs
The main outputs of NACE code 64.2 are the services and financial products provided by holding companies and financing conduits. These include the management and oversight of subsidiary companies, the facilitation of investment and capital flows, and the structuring of financial instruments. The outputs of this industry are consumed by a wide range of other NACE codes, including 64.1 Financial leasing, 64.3 Trusts, funds and similar financial entities, and 66.1 Activities auxiliary to financial services, except insurance and pension funding.
Revisions to 64.2
Classification codes are adjusted frequently. The code may have been revised or replaced between system versions. The table below shows the history (newest to oldest) of the code 64.2. The most recent 2 versions of this code (64.2) is in the NACE v2.1 system (this version):
This page shows the most recent version of code 64.2.
Family tree for activities of holding companies and financing conduits
graph LR A["<a href='/classifications/nace/v2-1/L'>L: FINANCIAL AND INSURANCE ACTIVITIES</a>"] A --> B["<a href='/classifications/nace/v2-1/L/64'>64: Financial service activities, except insurance and pension funding</a>"] B --> C["<a href='/classifications/nace/v2-1/L/64/2'>64.2: Activities of holding companies and financing conduits</a>"] B --> D["<a href='/classifications/nace/v2-1/L/64/1'>64.1: Monetary intermediation</a>"] B --> E["<a href='/classifications/nace/v2-1/L/64/3'>64.3: Activities of trusts, funds and similar financial entities</a>"] B --> F["<a href='/classifications/nace/v2-1/L/64/9'>64.9: Other financial service activities, except insurance and pension funding</a>"] C --> G["<a href='/classifications/nace/v2-1/L/64/21'>64.21: Activities of holding companies</a>"] C --> H["<a href='/classifications/nace/v2-1/L/64/22'>64.22: Activities of financing conduits</a>"] %% Color coordination by level classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px %% Apply classes class A level1 class B level2 class C level3 class D level3 class E level3 class F level3 class G level4 class H level4 class C highlight %% class A level1 %% class B,C level2 %% class D,E,F,G,H,I level2 %% class J,K,L,M,N,O,P level3 %% class C highlight