Section 47, The Anti-Money Laundering Act, 2005

The Authority may, by statutory instrument, makeregulations for carrying out the provisions of this Act and may, where necessary, amend the First Schedule. 16. Safe custody services. 17. Stock brokerage and dealing in securities and commodities. PART II—RELATED NON-FINANCIAL BUSINESSES AND PROFESSIONS 1. Casinos (which also includes internet casinos). 2. Real estate agents. 3. Dealers in precious metals. 4. Dealers in precious stones. 5. Legal practitioners, notaries, other independent legal professionals and accountants - this refers to sole practitioners, partners or employed professionals within professional firms. It is not meant to refer to “internal” professionals that are employees of other types of businesses, nor to professionals working for government agencies, who may already be subject to measures that would combat money laundering. 6. Trust and Company Service Providers which refers to all persons or businesses that provide any of the following services to third parties: - (a) acting as a formation agent of legal persons; (b) acting as (or arranging for another person to act as) a director or secretary of a company, a partner of a partnership, or a similar position in relation to other legal persons; (c) providing a registered office; business address or accommodation, correspondence or administrative address for a company, a partnership or any other legal persons or arrangement; (d) acting as (or arranging for another person to act as) a trustee of an express trust; FIRST S C H E D U LE (Section 1) PART I–ACTIVITIES OF FINANCIAL INSTITUTIONS 1. Deposit-taking business as defined in the Banking Act, 2000. 2. Financial activity as defined in the Other Financial Services Act, 2001. 3. Finance leasing. 4. Providing venture risk capital. 5. Money transmission services. 6. Issuing and administering such means of payment as credit cards, travellers’ cheques, drafts or other similar means; 7. Providing financial guarantees and commitments. 8. Underwriting share issues and participation in such issues. 9. Money brokering. 10. Money and currency changing. 11. Investment business. 12. Bullion dealing. 13. Insurance business. 14. Credit services or credit unions. 15. Merchant or investment banking. 28 29 Regulations. Act No. 10 of 2000. Act No. 7 of 2001. (e) acting as (or arranging for another person to act as) a nominee shareholder for another person.