The following entities shall report to the Financial Information Unit described in Article 16.1 on transactions specified in to Article 7 of this Law:
- Banks
- Non-bank financial institutions
- Insurance companies and insurance licensed entities
- Investment funds, investment management company
- Licensed securities market entities
- Savings and credit cooperatives
- Real estate agents who are involved in activity of buying and selling of real estate on behalf of a client
- Dealers of precious metals and precious stones, and parties engaged in sales of those manufactured items – when they engage in any transaction with a customer equal to or above the threshold specified in Article 5.1.2.
- Notaries, lawyers, accountants and other financial management counsellors – when they involved in following activities on behalf of a customer:
- buying and selling of real estate;
- managing of client’s assets;
- management of bank, savings or securities accounts;
- organizing of contributions for the creation, operation or management of companies;
- creation, operation or management of legal persons or arrangements, and buying and selling of business entities.
The Financial Information Unit receives reports from reporting entities through the GoAML software.
Please review the instructions for registering on the GoAML electronic portal.