Rules For The Classification Of Institutional Sectors

Original Language Title: Noteikumi par institucionālo sektoru klasifikāciju

Read the untranslated law here: https://www.vestnesis.lv/ta/id/120276

Cabinet of Ministers Regulations No. 810 in Riga 2005 October 25 (Mon. No 61 32 §) rules on the classification of institutional sectors Issued in accordance with the law on budget and financial management article 11 paragraph 3 of rule 1 defines the classification of institutional sectors used by the State budget and local budgets, as well as State and local budget accounting, budget institutions reporting funding and debt accounting.
2. classification of institutional sectors user codified each counterparty institutional units belonging to a particular sect of institutional information, arranging, compilation and analysis.
3. classification of institutional sectors used for institutional units, as each institutional unit belongs to only one sector.
4. the institutional units Each code consists of a set of corresponding marks in accordance with the institutional units belonging to a particular institutional sector and selected characteristics according to institutional sector classification code diagram (annex).
5. in each sector groups institutional units with similar functions at the miskaj and objectives according to their main business. Sector shall be classified according to the specific sector relevant criteria.
6. classification of institutional sectors use character code S000000. Classification code each sign defines the institutional units belonging to the category of the national economy, institutional sectors, institutional sector to the Group and its sub-groups.
7. the classification code of the first character Specifies class institutional sectors cations designation "S".
8. the classification code of the second sign determined by the institutional sectors National Division: 8.1 sector S100000 "residents" includes all institutions, including St. ārval bodies, registered and operating in the Republic of Latvia, and the privātpers, which is located in the Republic of Latvia of the household and not just go outside of Latvia for more than one year (excluding students). For residents of the Republic of Latvia shall be deemed to include diplomatic, consular and other representative vanity abroad;
8.2. the sector S200000 "non-residents" include all institutions that are registered in foreign countries and individuals, which the household is located outside Latvia or who arrived in Latvia for a period of less than one year (excluding students). For non-residents shall be deemed to include foreign diplomatic, consular, international institutions and other agencies in Latvia.
9. the classification code for third place down the institutional sectors the residents, as well as the distinction between European Union countries and institutions from other countries and institutions to non-residents: 9.1 sector S110000 "non-financial economic operators" include business entities, which produce goods or provide services for financial, not for profit or other benefits (such as corporations, sole proprietors);
9.2. the sector S120000 "financial institutions" includes the central banks, other monetary financial institutions, other financial intermediaries, financial palīgsabiedrīb, insurance corporations and pension funds;
9.3. S130000 sector of "General Government" encompasses all the State and local administrations, as well as the national social security institutions. This sector includes State and local government budget authorities as well as State and local Governments controlled and financed merchants. The General Government sector and prepare a list of merchants including the Central Statistical Bureau. Central Statistical Bureau sent to all public institutions of the General Government sector, with a separate indication of State and local control and financing of the list of operators and their updates by sending a separate list. The budgetary authority for the financing of part of the records and displays the records of State and local government controlled and financed merchants started to classify as from the date of receiving the Central Statistical Administration for information about the corresponding merchant into State and local control and financing of the list of authorised economic operator;
9.4. sector S140000 "household" includes an individual or group of individuals, which is the basic consumption or which produce goods or provide services exclusively for their own use (including individual Installer) and who have not registered their activities of the Republic of Latvia enterprise register in the commercial register;
9.5. sector S150000 "organisations serving households" includes organizations that provide goods and services to persons or to groups of individuals and resources derive primarily from voluntary contributions in cash or in kind. Trade unions, professional or educational associations, consumers ' associations, political parties, churches, religious communities, as well as cultural, recreational and sports clubs, charities, relief and aid organisations considered household represent organizations;
9.6. sector S210000 "European Union" covers the Member States of the European Union and the institutions;
9.7. the sector of S220000 "other countries and institutions to" cover all countries and institutions which are not members of the European Union Member States and institutions.
10. the classification code of the fourth sign defines the institutional sectors ' financial institutions ' sub-sectors residents, as well as State bin from individual institutions to non-residents: in the S121000 sub-sector 10.1. "central bank" means the Bank of Latvia;
10.2. in the S122000 sub-sector ' other monetary financial institutions "includes credit institutions and financial corporations (excluding central banks) that accepts deposits from customers, non-monetary financial institutions grant credit for its own account and make investments in securities. This sector includes credit institutions, credit unions and money market funds. Classification of institutional sectors the user with a list of monetary financial institutions provided the Bank of Latvia;
10.3. in the S123000 sub-sector ' other financial intermediaries, except insurance of the corporations and pension funds "include lending the companies involved (for example, financial leasing companies, factoring companies, export or import financing companies), investment funds, investment companies, financial vehicle Corporation, a financial holding company, venture capital companies, as well as other financial institutions if they meet those conditions;
10.4. the subsector "financial palīgsabiedrīb" S124000 include financial institutions mainly engaged in financial activities — activities closely related to financial intermediation but not financial intermediation, such as brokerage, investments which do not provide financial intermediation services in its own name, the company which provides financial market infrastructure institutions that supervise monetary financial institutions and financial markets. Financial and capital market Commission and the Riga Stock Exchange is considered to be a financial palīgsabiedrīb;
10.5. in the S125000 sub-sector "insurance corporations and pension funds" include insurance corporations and pension funds, providing financial intermediation services, combining different types of risks. This sector also includes the reinsurance companies;
10.6. in the S211000 sub-sector "Member States of the European Union";
10.7. subsector of S212000 "European institutions";
10.8. in the S221000 sub-sector "countries which are not Member States of the European Union";
10.9. in the S222000 sub-sector "international organisations other than the European Union institutions".
11. the classification code of the fifth sign beyond the institutional sector of "General Government" sub-sectors residents and economic and Monetary Union, Member States of the other partition the Member States of the European Union, non-residents: 11.1. "the State structure in the S130100 sub-sector" includes State Department and tratīv by admin public agencies whose competence normally covers the entire national economic territory, except for the social insurance special budget administration. Subsector include public institutions (except the State social insurance agency), Ministry, embassies, representative, agency nia, nie Council, education, health, law enforcement, culture and other central public authorities, as well as the structure of the State controlled and financed merchants who list provides a Central Statistical Bureau;
11.2. the subsector S130300 "municipal body" includes municipal administrative departments and municipal agencies, which typically cover a specific competence in the territory of the municipality or the municipal territory of several. Subsector includes municipal structures, direct municipal administrations, as well as the local government controlled and financed merchants who list provides a Central Statistical Bureau;
11.3. in the S130400 sub-sector "State social insurance bodies" includes the State social insurance agency;
11.4. the subsector S211100 "economic and Monetary Union, Member States ' shall include the existing economic and Monetary Union;
11.5. the S211200 sub-sector "other European Union Member States" means the Member States of the European Union, which are not included in the economic and Monetary Union.

12. the classification code of the sixth sign determines the economic and Monetary Union (S211100), the other Member States of the European Union (S211200) and countries not members of the European Union (S221000), a detailed breakdown of the institutional units: 12.1 sector "non-financial corporations" (sixth mark 1) covers the thighs saimn units, which produce goods or provide services for financial, not for profit or other benefits;
12.2. the sector of "financial institutions" (the sixth sign 2) covering institutional units whose main function and core business is financial intermediation and related activities (central banks, other monetary financial institutions, other financial intermediaries, financial palīgsabiedrīb, insurance corporations and pension funds);
12.3. the sector of "General Government" (the sixth mark 3) covers the General Government of the country, i.e. the institutions involved in the national income and national wealth redistribution;
12.4. the sector "households" (the sixth sign 4) covers individuals or groups of individuals whose main activity is consumption or that produce goods or provide services exclusively for their own use;
12.5. sector ' organisations serving households "(sixth Mark 5) cover organizations that provide goods and services to persons or to groups of individuals and resources derive primarily from voluntary contributions in cash or in kind.
13. the classification code of the seventh sign non-residents determines the economic and Monetary Union, financial institutions of the Member States (S211120), the other Member States of the European Union (S211220) of financial institutions and countries not members of the European Union, financial institutions (S221020) a detailed breakdown of the subsector: 13.1 subsectors "central bank" (the seventh sign 1) includes authority whose main activity is the national currency of the national currency, the internal and external value of saving, and the international reserves of the country or part of the management;
13.2. the subsector ' other monetary financial institutions ' (the seventh sign 2) include credit and financial corporations (excluding central banks) that accepts deposits or close substitutes for deposits from customers, non-monetary financial institutions grant credit for its own account and make investments in securities.
13.3. the sub-sector ' other financial among Bosh, except insurance corporations and pension funds "(the seventh sign 3) include lending the companies involved (for example, financial leasing companies, factoring companies, export or import financing companies), investment funds, investment companies, financial vehicle Corporation, a financial holding company, venture capital companies, as well as other financial institutions if they meet those conditions;
13.4. subsector "financial palīgsabiedrīb" (the seventh sign 4) includes financial institutions mainly engaged in financial activities — activities closely related to financial intermediation but not financial intermediation, (for example, investment brokers, which did not provide financial intermediation services for you on your behalf, the company which provides financial market infrastructure institutions that supervise monetary financial institutions, financial institutions and financial markets);
13.5. subsector "insurance corporations and pension funds" (7th zīme5) include insurance corporations and pension funds, providing financial intermediation services, combining different types of risks. This sector also includes the reinsurance company.
14. The use of this classification for the preparation of reports and the reporting period shall be determined by the laws and regulations for the preparation and submission of the report. This classification of certain positions in the balance sheet position of the applied consolidation legislation.
15. Regulations shall enter into force by 1 January 2006.
Prime Minister, Minister of finance Spurdziņš o. Economic Minister A.r. Kariņš Editorial Note: rules shall enter into force on January 1, 2006.
 
Annex to the Cabinet of Ministers of 25 October 2005, regulations no 810 institutional sector classification code scheme i. domestic institutional sectors no PO box
Institutional sectors way of classification code 1.
Residents in S100000 2.
S110000 non-financial businesses 3.
Financial institutions S120000 4.
Central bank S121000 5.
Other monetary financial institutions 6 S122000.
Other financial intermediaries, except insurance corporations and pension funds S123000 7.
Financial palīgsabiedrīb of S124000 8.
Insurance corporations and pension funds S125000 9.
General Government S130000 10.
The national structures S130100 11.
Local structure S130300 12.
National social security bodies S130400 13.
Household S140000 14.
Organisations serving households S150000 II. Foreign institutional sectors no PO box
Institutional sectors way of classification code 1.
Non-residents S200000 2.
European Union S210000 3.
S211000 Member States of the European Union 4.
Economic and Monetary Union Member States S211100 5.
Economic and Monetary Union, Member States, non-financial corporations (merchants) S211110 6.
Economic and Monetary Union, financial institutions of the Member States S211120 7.
Economic and Monetary Union, the central banks of the Member States S211121 8.
Economic and Monetary Union, Member States, other monetary financial institutions S211122 9.
Economic and Monetary Union, Member States, other financial intermediaries, except insurance corporations and pension funds S211123 10.
Economic and Monetary Union, Member States of the financial palīgsabiedrīb S211124 11.
Economic and Monetary Union in the definition of insurance corporations and pension funds S211125 12.
Economic and Monetary Union General Government S2111 30 13.
Economic and Monetary Union household S211140 14.
Economic and Monetary Union, Member States, organisations serving households S211150 15.
The other Member States of the European Union S211200 16.
The rest of the Member States of the European Union, non-financial corporations (merchants) S211210 17.
The rest of the Member States of the European Union financial institutions S211220 18.
The rest of the Member States of the European Union, the central bank of S211221 19.
The rest of the Member States of the European Union, other monetary financial institutions S211222 20.
The rest of the Member States of the European Union, among other financial trivia, except insurance corporations and pension funds S211223 21.
The rest of the Member States of the European Union of 22 financial palīgsabiedrīb S211224.
The rest of the Member States of the European Union, insurance corporations and pension funds S211225 23.
The rest of the Member States of the European Union General Government S211230 24.
The rest of the European Union on the participation of the national farm house S211240 25.
The rest of the Member States of the European Union, organizations serving households S211250 26.
Institutions of the European Union S212000 27.
Other countries and institutions S220000 28.
Countries not members of the European Union S221000 29.
Countries which are not members of the European Union, non-financial corporations (merchants) S221010 30.
Countries which are not members of the European Union, 31 financial institutions S221020.
Countries which are not members of the European Union, the central bank of S221021 32.
Countries which are not members of the European Union, other monetary financial institutions S221022 33.
Countries that do not have membership of the European Union countries, other financial intermediaries, except insurance corporations and pension funds S221023 34.
Countries which are not members of the European Union for the financial palīgsabiedrīb S221024 35.
Countries that are not Member States of the European unit, Sa, insurance corporations and pension funds S221025 36.
Countries which are not members of the European Union, the General Government S221030 37.
Countries that do not have membership of the European Union countries, household S221040 38.
Countries which are not members of the European Union, organizations serving households S221050 39.
International organisations that are not members of the European Union institutions S222000 economic Minister A.r. Kariņš