Schedule of Entities

Schedule Entities Captured Under the Money Laundering Prevention ACT NO. 8 of 2011

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;
• 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;
• Venture risk capital;
• Virtual Asset Service Business;

Other Business Activities

• Real Estate Business;
• Car dealerships;
• Casinos (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;