Definition
Investment service companies that provide key services in the market and in the investment banking sector and, consequently, are exposed to credit and market risk in a manner similar to credit institutions
Further information
Since July 2021, systemically important investment service companies have been considered credit institutions. It is important to note that, although they are credit institutions, systemically important investment service companies do not belong to the money-creating sector (they are not Monetary Financial Institutions).
Update date: January 2025