CULTURA SPAREBANK

Act on financial institutions and financial groups § 3-2 cf. § 2-7.

• 1. Acceptance of deposits and other repayable funds
• 10. Money broking
• 11. Portfolio management and advice
• 12. Safekeeping and administration of securities
• 13. Credit reference services
• 14. Safe custody services
• 15. Issuing electronic money
• 2. Lending
• 3. Financial leasing
• 4. Money transmission services
• 5. Issuing and administering of payments (credit cards etc.)
• 6. Guarantees and commitments
• 7. a) Money-market instruments
• 7. b) Foreign exchange
• 7. c) Financial future/forward contracts and options
• 7. d) Foreign exchange- and interest rate instruments
• 7. e) Transferable securities
• 8. Participation in securities issues and the provision of services related to such issues
• 9. Advisory services

2. Investment services and activities, Securities Trading Act § 2-1 (1)

• No 1: Reception and transmission of orders in relation to one or more financial instruments
• No 5: Investment advice
• No 7: Placing of financial instruments without a firm commitment basis

• 1. Accident
• 2. Sickness
• I.a) (1) Capital insurance for payment in the event of death
• I.a) (2) Capital insurance for payment on survival at a stipulated age
• I.a) (3) Capital insurance for payment in the event of death or on survival at a stipulated age
• I.b) Life annuity and pension insurance
• I.c) Disability insurance
• I.d) Supplementary insurance
• III. Life insurance linked to investment funds

• 1. Accident
• 10. Land vehicle liability
• 12. Liability for ships
• 13. General liabillity
• 16. Miscellaneous financial loss
• 17. Legal expenses
• 2. Sickness
• 3. Land vehicles
• 6. Ships
• 7. Transport of goods
• 8. Fire and natural forces
• 9. Property