Financial Services

Art. 36.

Financial services, within the meaning of this Law, shall comprise:

1. The granting of credit for consideration (interest) and the management of credit by the person granting it, including the granting of credit for supply of goods pursuant to a financial leasing contract where the leasing is up to the amount of the legitimate interest;
2. Supplies in connection with credit guarantees or any other security and the management of credit guarantees by the person who is granting the credit;
3. The management of deposits, current accounts, transfers, payments, debt, accounts receivable, cheques and other similar negotiable instruments, but excluding factoring and forfeiture;
4. Transactions concerning clearing and settlement of cheque accounts of other persons;
5. Transactions concerning currency, bank notes and coins used as legal tender;
6. ²⁵ Transactions concerning shares or securities and the derivatives thereof, excluding management and safekeeping. This shall not refer to securities, establishing rights over goods or services;
7. Management of investment funds under the terms and conditions laid down in the Securities, Law on Stock Exchanges and Investment Companies;
8. Transactions concerning fiscal and postage stamps at their face value or signs equivalent to postage stamps;
9. Financial futures and options.