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move credit union under financial type #374

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Jan 3, 2025
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6 changes: 4 additions & 2 deletions documentation/properties/type.md
Original file line number Diff line number Diff line change
Expand Up @@ -36,6 +36,7 @@ Customer, issuer, guarantor and entity schemas share a lot of common type attrib
│ │ ├── mmkt_fund
│ │ └── real_estate_fund
│ ├── pension_fund
│ ├── credit_union
│ ├── ciu
│ ├── sspe
│ ├── pic
Expand All @@ -48,7 +49,6 @@ Customer, issuer, guarantor and entity schemas share a lot of common type attrib
│ └── qccp
├── central_bank
├── mdb
├── credit_union
├── deposit_broker
├── pse
│ ├── local_authority
Expand Down Expand Up @@ -116,7 +116,8 @@ Article 411 of the [CRR][crr]:
> (d) a CIU;
> (e) a non-open ended investment scheme;
> (f) an insurance undertaking;
> (g) a financial holding company or mixed-financial holding company.
> (g) a financial holding company or mixed-financial holding company;
> (h) a credit union.
> 'financial sector entity' means any of the following:
> (a) an institution;
> (b) a financial institution;
Expand Down Expand Up @@ -413,6 +414,7 @@ A **credit union** is defined by the [FCA](https://www.fca.org.uk/firms/credit-u
> - lending
>
> These services are regulated activities.
> However, it should be noted that **credit_union** is regarded as non-financial for NSFR reporting, as per Article 428am [CRR][crr].

### deposit_broker
A **deposit broker** can be an individual or a firm that facilitates the placement of deposits with insured depository institutions. Deposit brokers offer investors an assortment of fixed-term investment products, which earn low-risk returns.
Expand Down