LIST OF ACTIVITIES SUBJECT TO MUTUAL RECOGNITION

1.

Taking deposits and other repayable funds.

2.

Lending including, inter alia: consumer credit, credit agreements relating to immovable property, factoring, with or without recourse, financing of commercial transactions (including forfeiting).

3.

Financial leasing.

4.

Payment services as defined in point (3) (opens EUR-Lex in a new tab) of Article 4 (opens EUR-Lex in a new tab) of Directive (EU) 2015/2366 (opens EUR-Lex in a new tab) of the European Parliament and of the Council (⁽¹⁴⁾).

5.

Issuing and administering other means of payment (e.g. travellers' cheques and bankers' drafts) insofar as such activity is not covered by point 4.

6.

Guarantees and commitments.

7.

Trading for own account or for account of customers in any of the following:

(a) money market instruments (cheques, bills, certificates of deposit, etc.);

(b) foreign exchange;

(c) financial futures and options;

(d) exchange and interest-rate instruments;

(e) transferable securities.

8.

Participation in securities issues and the provision of services relating to such issues.

9.

Advice to undertakings on capital structure, industrial strategy and related questions and advice as well as services relating to mergers and the purchase of undertakings.

10.

Money broking.

11.

Portfolio management and advice.

12.

Safekeeping and administration of securities.

13.

Credit reference services.

14.

Safe custody services.

15.

Issuing electronic money.

The services and activities provided for in Sections A and B of Annex I (opens EUR-Lex in a new tab) to Directive 2004/39/EC (opens EUR-Lex in a new tab), when referring to the financial instruments provided for in Section C of Annex I (opens EUR-Lex in a new tab) of that Directive, are subject to mutual recognition in accordance with this Directive.