SSIC Division 66 – Activities auxiliary to financial service and insurance activities
Companies in this division support financial and insurance services, or work closely with them, but do not lend money or underwrite risk themselves.
It covers stock and commodity exchanges, brokers and dealers, money-changers, trustees and custodians, payment processors and corporate finance advisers. It also covers insurance agents and brokers, claims adjusters and fund managers, such as hedge fund, private equity and venture capital firms.
Commonly registered businesses
- Single and multi-family offices (66306)
- Other fund managers, such as for shipping trusts and pension funds (66309)
- Corporate finance advisers, including mergers and acquisitions advice (66192)
- Asset managers for long-only share, bond and cash portfolios (66301)
- Insurance agencies, agents and insurance-linked financial planners (66221)
- Other financial support, such as mortgage brokers and investment advisers (66199)
Groups of Activities auxiliary to financial service and insurance activities56 companies
·
| Code | Title | Companies |
|---|---|---|
| 661 | Activities auxiliary to financial service activities, except insurance and pension funding | 11 |
| 6611 | Securities and commodities exchange | 0 |
| 66110 | Securities and commodities exchange | 0 |
| 6612 | Security and Commodity Contracts Brokerage | 2 |
| 66121 | Stock, share and bond brokers and dealers | 1 |
| 66122 | Foreign exchange brokers and dealers | 0 |
| 66123 | Gold bullion brokers and dealers | 0 |
| 66124 | Commodity and futures brokers and dealers | 0 |
| 66125 | Carbon credit brokers/traders | 1 |
| 66126 | Money-changing services | 0 |
| 66129 | Securities and commodities brokerage n.e.c. | 0 |
| 6619 | Other Activities Auxiliary to Financial Service Activities | 9 |
| 66191 | Trustee, fiduciary and custody services | 0 |
| 66192 | Corporate finance advisory services | 2 |
| 66193 | Clearing and settlement of financial instruments | 0 |
| 66194 | Activities auxiliary to fund management activities | 0 |
| 66195 | Transaction/payment processing services | 5 |
| 66199 | Other auxiliary financial services n.e.c. | 2 |
| 662 | Activities auxiliary to insurance and pension funding | 20 |
| 6621 | Risk and Damage Evaluation | 0 |
| 66210 | Risk and damage evaluation | 0 |
| 6622 | Activities of Insurance Intermediaries | 18 |
| 66221 | Insurance agencies and agents | 9 |
| 66222 | Insurance brokers | 9 |
| 6629 | Other Activities Auxiliary to Insurance and Pension Funding | 2 |
| 66291 | Representative offices of foreign insurers | 0 |
| 66292 | Captive managers | 0 |
| 66299 | Other auxiliary insurance and pension services | 2 |
| 663 | Fund management activities | 25 |
| 6630 | Fund Management Activities | 25 |
| 66301 | Traditional/long-only asset/portfolio management | 17 |
| 66302 | Hedge fund management | 0 |
| 66303 | Property fund/REIT management | 0 |
| 66304 | Private equity firms | 0 |
| 66305 | Venture capital activities | 0 |
| 66306 | Single/multiple family offices activities | 0 |
| 66307 | Private debt funds | 0 |
| 66309 | Fund management activities n.e.c. | 8 |
Companies in Activities auxiliary to financial service and insurance activities56 companies
| Company | Status |
|---|---|
| MAYBANK SECURITIES PTE. LTD. 197201256N Stock, share and bond brokers and dealers | Live Company 15 Sep 1972 |
| CARBON SOLUTIONS SERVICES PTE. LTD. 202118732D Carbon credit brokers/traders | Live Company 28 May 2021 |
| CITIGROUP GLOBAL MARKETS SINGAPORE PTE. LTD. 199002673E Corporate finance advisory services | Live Company 2 Jun 1990 |
| DHC CAPITAL PTE. LTD. 201719749E Corporate finance advisory services | Live Company 13 Jul 2017 |
| AMERICAN EXPRESS INTERNATIONAL INC. S68FC1878J Transaction/payment processing services | Live Company 7 Mar 1968 |
| AXS PTE. LTD. 199405882Z Transaction/payment processing services | Live Company 20 Aug 1994 |
| MASTERCARD ASIA/PACIFIC PTE. LTD. 199306324E Transaction/payment processing services | Live Company 25 Sep 1993 |
| NETWORK FOR ELECTRONIC TRANSFERS (SINGAPORE) PTE LTD 198500065G Transaction/payment processing services | Live Company 11 Jan 1985 |
| PAYPAL PTE. LTD. 200509725E Transaction/payment processing services | Live Company 14 Jul 2005 |
| LENDELA PTE. LTD. 201801220D Other auxiliary financial services n.e.c. | Live Company 9 Jan 2018 |
Useful information for businesses in this division
- Insurers and insurance brokers must be licensed or registered under the Insurance Act. (MAS, Insurance Act)
- Fund managers and securities dealers usually need a capital markets services licence. (MAS)
- Payment, remittance and money-changing services come under the Payment Services Act. (MAS, Payment Services Act)