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Regulation (EC) No 25/2009 of the European Central Bank of 19 December 2008 concerning the balance sheet of the monetary financial institutions sector (Recast) (ECB/2008/32) (repealed)
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Sector | Definition |
---|---|
MFIs | See Article 1 of this Regulation |
General government (S.13) (ESA 95, paragraphs 2.68 to 2.70) | Resident units which are principally engaged in the production of non-market goods and services intended for individual and collective consumption, and/or in the redistribution of national income and wealth |
Central government (S.1311) (ESA 95, paragraph 2.71) | Administrative departments of the State and other central agencies whose competence extends over the whole economic territory, except for the administration of social security funds |
State government (S.1312) (ESA 95, paragraph 2.72) | Separate institutional units exercising some of the functions of government at a level below that of central government and above that of local government, except for the administration of social security funds |
Local government (S.1313) (ESA 95, paragraph 2.73) | Public administration whose competence extends only to a local part of the economic territory, excluding local agencies of social security funds |
Social security funds (S.1314) (ESA 95, paragraph 2.74) | Central, state and local institutional units whose principal activity is to provide social benefits |
Other financial intermediaries (S.123) + financial auxiliaries (S.124) (ESA 95, paragraphs 2.53 to 2.59) | Financial corporations and quasi-corporations (except insurance corporations and pension funds) principally engaged in financial intermediation by incurring liabilities in forms other than currency, deposits and/or close substitutes for deposits from institutional units other than MFIs, or insurance technical reserves. FVCs, non-MFI central counterparties and financial auxiliaries consisting of all financial corporations and quasi-corporations that are principally engaged in auxiliary financial activities are included |
Insurance corporations and pension funds (S.125) (ESA 95, paragraphs 2.60 to 2.67) | Financial corporations and quasi-corporations principally engaged in financial intermediation as the consequence of the pooling of risks |
Non-financial corporations (S.11) (ESA 95, paragraphs 2.21 to 2.31) | Corporations and quasi-corporations not engaged in financial intermediation but principally in the production of market goods and non-financial services |
Households (S.14) and non-profit institutions serving households (S.15) (ESA 95, paragraphs 2.75 to 2.88) | Individuals or groups of individuals as consumers, and producers of goods and non-financial services exclusively for their own final consumption, and as producers of market goods and non-financial and financial services provided that their activities are not those of quasi-corporations. Non-profit institutions which serve households and which are principally engaged in the production of non-market goods and services intended for particular groups of households are included |
Sole proprietors and unincorporated partnerships (sub-population of ‘Households’) (ESA 95, paragraph 2.76d) | Sole proprietors and unincorporated partnerships without independent legal status — other than those created as quasi-corporations — which are market producers. This includes unincorporated businesses, (partnerships of) self-employed lawyers, doctors etc. In the case of sole proprietors, the business entity is inseparably linked to the natural person(s) who is/are the owner(s), combining all rights and obligations arising from the business and the private sphere |
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