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update definitions
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kamil committed Dec 13, 2024
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4 changes: 3 additions & 1 deletion documentation/properties/type.md
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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.
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