Schedule of Entities
SCHEDULE ENTITIES CAPTURED UNDER THE MONEY LAUNDERING PREVENTION ACT NO. 8 OF 2011
PART I
ACTIVITIES OF FINANCIAL INSTITUTIONS
- “Banking business” and “financial business” as defined in the Banking Act 2005;
- “Banking business” as defined in the Offshore Banking Act 1996;
- Venture risk capital;
- Money transmission services;
- Issuing and administering means of payments (e.g.credit cards, travellers’ cheques and bankers’ drafts;
- Guarantees and commitments;
- Trading for own account of customers in-
- money market instruments (e.g. cheques, bills, certificates of deposits, commercial paper, etc);
- foreign exchange;
- financial and commodity-based derivative instruments(e.g. options, interests rate and foreign exchange instruments etc);
- transferable or negotiable instruments;
- Money Broking;
- Money Lending and Pawning;
- Money Exchange (e.g. casa de cambio);
- Mutual Funds;
- Credit Unions;
- Building Societies;
- Trust Business
- Insurance Business;
- Securities Exchange
PART II
OTHER BUSINESS ACTIVITIES
- Real Estate Business;
- Car dealerships;
- Casinoes (gaming houses);
- Courier services;
- Jewellery Business;
- Internet Gaming and wagering services;
- Management companies;
- Asset management and advice-custodial services;
- Nominee service;
- Registered agents;
- Any business transaction conducted at a post office involving money orders;
- Securities brokerage;
- Telecommunications companies;
- Utility companies;
- Dominica Social Security;
- Inland Revenue Department