move credit union under financial type

[kamilxdomo]

No description provided.

[muratabur]

@kamilxdomo what is the rationale behind this. I believe it was omitted from financial based on the list in the documentation for financial but if you have other evidence, then it might need to be included.

Thanks

[kamilxdomo]

@muratabur James has kindly provided an explanation. As credit unions take deposits and lend money, they meet the definition of financial as described in CRR Article 411. However, contradictorily, NSFR classifies credit unions as non-financial institutions as per CRR Article 428am and listed in the return

Therefore, we are moving credit unions to be a child of financial as this is generally the accepted approach across all returns except NSFR and then change NSFR in isolation to ensure it is treated as non-financial in this return only

[muratabur]

alright, then we need to update the financial enum definition accordingly with that explanation above and we should be good to go

[kamilxdomo]

@muratabur this should be ready now :)

[kamilxdomo]

can we merge this one please @muratabur ?