Classification of institutions

Reporting agents such as credit institutions, savings and loan associations, leasing companies, investment funds and fund management companies submit reports to Eesti Pank and Financial Supervision Authority that contain a great deal of information on sectoral classification of their customers or transaction counterparties. To ensure that all reporting agents classify their customers and transaction counterparties correctly and consistently, Eesti Pank recommends that the list of Estonian economic units published once a year on 1st of December by Statistics Estonia be used.

In addition to this list of economic units, there are several other more frequently updated lists available that could be used in classifying customers and transaction counterparties:

• Lists of economic units available at European Central Bank web page:
  • monetary financial institutions
  • investment funds
  • financial vehicle corporations
  • payment service providers
  • insurance corporations
• Estonian register of supervised entities:
  • credit institutions
  • creditors and credit intermediaries
  • investment and pension funds
  • investment firms
  • insurance corporations
  • payment and e-money institutions
  • etc.
• List of central counterparties in EU countries
• Additional guidelines for the classification of customers and transaction counterparties, including international organizations in reporting of credit institutions