|
No. |
Reporting Entities/Activities and Businesses | Class of Reporting Entity | Supervisory Authority |
Date of Appointment |
|
1 |
Acceptance of deposits and other repayable funds from the public. (Commercial Banks) |
Financial Institution | Governor, Bank of Guyana |
14/08/2009 |
| 2 |
Lending, including consumer credit, mortgage credit, factoring (with or without resource) and financing of commercial transactions. (Commercial Banks) |
Financial Institution | Governor, Bank of Guyana |
14/08/2009 |
| 3 |
Issuing and administering means of payment (such as credit cards, travelers cheques and bankers’ drafts). (Commercial Banks) |
Financial Institution | Governor, Bank of Guyana |
14/08/2009 |
| 4 |
Guarantees and commitments. (Commercial Banks) |
Financial Institution | Governor, Bank of Guyana |
14/08/2009 |
| 5 |
Dealers in foreign currency, money exchangers e.g. Cambios. |
Financial Institution | Governor, Bank of Guyana |
14/08/2009 |
| 6 |
Trading for own account or for account of customers in money market instruments (such as cheques, bills, certificates of deposit), foreign exchange, financial futures and options, exchange and interest rate instruments, and transferable securities. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 7 |
Underwriting share issues and participation in such issues. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 8 |
Advice to undertakings on capital structure, industrial strategy and related questions, and advice and services relating to mergers and the purchase of undertakings. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 9 |
Money-broking. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 10 |
Portfolio management and advice. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 11 |
Safekeeping and administration of securities. (Securities Companies) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 12 |
Venture risk capital. (Securities Company) |
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 13 |
Unit trusts.
|
Financial Institution | Guyana Securities Council |
14/08/2009 |
| 14 |
Insurance Business, domestic & international/underwriting and placement of life insurance and other investment-related insurance, as well as insurance intermediation by agents and brokers. |
Financial Institution | Governor, Bank of Guyana |
20/12/2012 |
| 15 |
Financial Leasing |
Financial Institution | Governor, Bank of Guyana |
20/12/2012 |
| 16 |
Money Transfer Agencies |
Financial Institution | Governor, Bank of Guyana |
20/12/2012 |
| 17 |
Trust Company |
Non-Bank Financial Institution | Governor, Bank of Guyana |
20/12/2012 |
| 18 |
Casinos |
Designated Non-Financial Business or Profession | Gaming Authority |
20/12/2012 |
| 19 |
Co-operative Societies including Credit Societies/Unions |
Other activity or business subject to the AML/CFT Act | Chief Co-operatives Development Officer |
20/12/2012 |
| 20 |
Registered Charities |
Other activity or business subject to the AML/CFT Act | Registrar, Friendly Societies |
20/12/2012 |
| 21 |
Dealers in precious and semi-precious stones when the persons dealing engages in any cash transaction with a customer equal to or above $2m. (Diamond Dealers) |
Designated Non-Financial Business or Profession | Guyana Geology and Mines Commission |
20/12/2012 |
| 22 |
Dealers in precious metals/buying or selling of gold bullion when the persons dealing engages in any cash transaction with a customer equal to or above $2m. (Gold Dealers) |
Designated Non-Financial Business or Profession | Guyana Gold Board |
20/12/2012 |
| 23 |
Pawnbrokers |
Other activity or business subject to the AML/CFT Act | Guyana Revenue Authority |
08/09/2014 |
| 24 |
Used Car Dealers/Car Parts Dealers |
Other activity or business subject to the AML/CFT Act | Guyana Revenue Authority |
08/09/2014 |
| 25 |
Dealers in real estate when the persons dealing are involved in transactions for their client concerning the buying and selling of real estate. |
Designated Non-Financial Business or Profession | Guyana Revenue Authority |
08/09/2014 |
| 26 |
Betting Shops |
Designated Non-Financial Business or Profession | Gaming Authority |
07/17/2018 |
| 27 |
Lotteries |
Designated Non-Financial Business or Profession | Gaming Authority |
07/12/2016 |
|
No. |
Reporting Entities/Activities and Businesses |
Class of Reporting Entity |
Supervisory Authority |
|
1 |
Trust or company service provider which as a business, provide services to third parties as covered under the Civil Law of Guyana Act, Cap 6:01: (i) acting as a formation, registration or management agent of legal persons, acting as, or arranging for another person to act as, as a director or secretary of a company, a partner of a partnership, or a similar position in relation to other legal persons; (ii) providing a registered office; business address or accommodation, correspondence or administrative address for a company, a partnership or any other legal person or arrangement; (iii) acting as, or arranging for another person to act as, a trustee of an express trust; (iv) acting as, or arranging for another person to act as, a nominee shareholder for another person.
|
Designated Non-Financial Business or Profession |
Supervisory Authority to be appointed by the Minister responsible for Finance |
|
2 |
Attorneys-at-law when they prepare for or carry out transactions for their client concerning the following activities: (a) buying and selling of real estate; (b) managing of client money, securities or other assets; (c) management of bank, savings or securities accounts; (d) organisation of contributions for the creation, operation or management of companies; or (e) creation, operation or management of legal persons or arrangements, and buying and selling of business entities. |
Designated Non-Financial Business or Profession |
Supervisory Authority to be appointed by the Minister responsible for Finance |
|
3 |
Notaries when they prepare for or carry out transactions for their client concerning the following activities: (a) buying and selling of real estate; (b) managing of client money, securities or other assets; (c) management of bank, savings or securities accounts; (d) organisation of contributions for the creation, operation or management of companies; or (e) creation, operation or management of legal persons or arrangements, and buying and selling of business entities. |
Designated Non-Financial Business or Profession |
Supervisory Authority to be appointed by the Minister responsible for Finance |
|
4 |
Independent legal professionals when they prepare for or carry out transactions for their client concerning the following activities: (a) buying and selling of real estate; (b) managing of client money, securities or other assets; (c) management of bank, savings or securities accounts; (d) organisation of contributions for the creation, operation or management of companies; or (e) creation, operation or management of legal persons or arrangements, and buying and selling of business entities. |
Designated Non-Financial Business or Profession |
Supervisory Authority to be appointed by the Minister responsible for Finance |
|
5 |
Accountants when they prepare for or carry out transactions for their client concerning the following activities: (a) buying and selling of real estate; (b) managing of client money, securities or other assets; (c) management of bank, savings or securities accounts; (d) organisation of contributions for the creation, operation or management of companies; or (e) creation, operation or management of legal persons or arrangements, and buying and selling of business entities. |
Designated Non-Financial Business or Profession |
Supervisory Authority to be appointed by the Minister responsible for Finance |
|
6 |
Exporters and importers of valuable items. |
Other activity or business subject to the AML/CFT Act |
Supervisory Authority to be appointed by the Minister responsible for Finance |