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
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| 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 |
|---|---|
| MUNICH RE SYNDICATE SINGAPORE PRIVATE LIMITED 199907298C Other auxiliary insurance and pension services | Live Company 20 Nov 1999 |
| ABRDN ASIA LIMITED 199105448E Traditional/long-only asset/portfolio management | Live Company 28 Oct 1991 |
| ACADIAN ASSET MANAGEMENT (SINGAPORE) PTE LTD 199902125D Traditional/long-only asset/portfolio management | Live Company 24 Apr 1999 |
| BLACKROCK (SINGAPORE) LIMITED 200010143N Traditional/long-only asset/portfolio management | Live Company 2 Dec 2000 |
| CAPITAL GROUP INVESTMENT MANAGEMENT PTE. LTD. 202133232E Traditional/long-only asset/portfolio management | Live Company 23 Sep 2021 |
| EASTSPRING INVESTMENTS (SINGAPORE) LIMITED 199407631H Traditional/long-only asset/portfolio management | Live Company 19 Oct 1994 |
| FIRST SENTIER INVESTORS (SINGAPORE) 196900420D Traditional/long-only asset/portfolio management | Live Company 11 Jul 1969 |
| FULLERTON FUND MANAGEMENT COMPANY LTD. 200312672W Traditional/long-only asset/portfolio management | Live Company 11 Dec 2003 |
| INVESCO ASSET MANAGEMENT SINGAPORE LTD 199003387N Traditional/long-only asset/portfolio management | Live Company 11 Jul 1990 |
| JANUS HENDERSON INVESTORS (SINGAPORE) LIMITED 199700782N Traditional/long-only asset/portfolio management | Live Company 1 Feb 1997 |
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)