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Division SUBSECTOR: OTHER MONETARY FINANCIAL INSTITUTIONS (S.122)F1

United Kingdom Repealed

Original text. Later amendments are not shown.

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  1. 2.48Division 2.48
  2. 2.49Division 2.49
  3. 2.50MFIs cannot be described simply as ‘banks’, because they may possibly include some financial corporations which may not call themselves banks, and some which may not be permitted to do so in some countries, while some other financial corporations describing themselves as banks may not in fact be MFIs. In general, the following financial intermediaries are classified in subsector S.122:
  4. 2.51The following financial intermediaries may also be classified in subsector S.122 where it is their business to receive repayable funds from the public whether in the form of deposits or in other forms such as the continuing issue of bonds and other comparable securities. Otherwise, they should be classified in subsector S.123:
  5. 2.52Subsector S.122 does not include:

Annotations

Textual amendments

F1

Regulation revoked (31.12.2020) by The UK Statistics (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/489), reg. 1, Sch. 1 para. 8; 2020 c. 1, Sch. 5 para. 1(1)