Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698073174542.pdf (Guyana)
T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B ,TH 20 J A N U A R Y, 2 0 14 13 GUYANA No.

2 of 2014 REGULATIONS Made Under THE MONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (No.

20 of 2009) IN EXERCISE OF THE POWER CONFERRED UPON THE BANK BY SECTION 18 OF THE MONEY TRANSFER AGENCIES (LICENSING) ACT, THE BANK HEREBY MAKES THE FOLLOWING REGULATIONS:- Citation.

1.
1.

T h e se Regulations, which amend the M o n ey Transfer Agencies (Licensing) Regulations 2009*, may be cited as the M o n ey Transfer Agencies (Licensing) ( A m e n d m e n t) Regulations 2014, A m e n d m e nt of regulation 13 of the Principal Regulations.

A m e n d m e nt of Schedule to the Principal Regulations.

2.
2.

Regulation 13 of the Principal Regulations is hereby amended by the insertion immediately after paragraph (b) of the following paragraph as paragraph (c) - "(c) within seven days of the end of each calendar month the particulars as set out in Form 12."

3.

T he Schedule to the Principal Regulations is hereby amended by the insertion of Form 12 and the substitution for F o r ms 1, 2, 3, 4, 5, 6, 7, 8 and 9 of the following Forms - •Regulations N o.
5 of 2009 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 reg.3 S C H E D U LE F O R MS FORM 1 - A P P L I C A T I ON FOR L I C E N CE TO C O N D U CT M O N EY T R A N S F ER B U S I N E SS M O N EY T R A N S F ER A G E N C I ES (LICENSING) A CT 2009 (No.

20 of 2009) I.

Please indicate whether the application is being submitted by: [ [ (a) An individual or sole trader.

[ | | | (b) A partnership/firm.


(c) A c o m p a ny or other body corporate, (a) An individual or sole trader Name of Applicanl(s) Registered name of business Address of registered business Business name registration number and date of registration Nature of the business Intended address for conducting money transfer business 2 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 2 0TH J A N U A R Y, 2 0 14 (b) A partnership/firrn Names of Partners Registered name of business Address of registered business business Business name registration number and date of registration Nature of the business Intended address for conducting money transfer business (c) A c o m p a ny or other b o dy corporate Names of Directors Name of company Registered address of company Place and Date of Incorporation Intended address for conducting money transfer business 3 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 2 0TH J A N U A R Y, 2 0 14 2, If the c o m p a ny is incorporated outside of Guyana: Names of Directors Name of company Registered address of company outside of Guyana Place and Date of Incorporation Date of registration as an external company in Guyana Nature of the business Name of person appointed to be agent by power of attorney Home address of agent Address of the company's principal office in Guyana 4 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 3.


State the reason(s) why the applicant wants to operate as a licensed agency.

4.

State particulars of how the applicant proposes to finance the business (specify if own funds, borrowed funds, other sources, etc.)

5.

Provide name(s) and address(es) of agent(s) if any, who will c a ny out business on the applicant's behalf.

Name Registered name of business or company Address 5 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 2 0TH J A N U A R Y, 2 0 14 (b) A partnership/firm Names of Partners Registered name of business Address of registered business Business name registration number and date of registration Nature of the busines s Intended address for conducting money transfer business (c) A c o m p a ny or other b o dy corporate Names of Directors Name of company Registered address o company r Place and Date of Incorporation Intended address for conducting money transfer business 6 y J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 20TH J A N U A R Y, 2 0 14 Personal Information Sheet A separate sheet must be compieted for each Applicant/Partner/Director.

1.

Name Surname Given Names 2.

Date of Birth Day Month Year.

3.

Identification Type (Passport/ National ID Card, etc.)

4.

Home Address Date of Issue Place of Issue Nationality 5.

Contact information Telephone No.

Cell Phone No.

Email Address 7 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 2 0™ J A N U A R Y, 2 0 14 6.
Professional Qualifications Particulars (a) Academic Degree(s) Year Obtained Name of Institution (b) Diploma(s)/Certificate(s) (c) Training Courses/Seminars (d) Membership in Professional Organisations 8 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 2 0TH J A N U A R Y, 2 0 14 7.

Occupation/Employment.

Start with current employer and go back for the last 10 years.

Name, address & business of employer Position Held Dates From - To 8.

References.
References.

Please provide contact information for two individuals other than relatives who have personally known the applicant for at least three years.

i Name Occupation Address Telephone No.

and email address Name Occupation Address Telephone No.

and email address 9 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 2 0™ J A N U A R Y, 2 0 14 9.
Certification and Undertaking I certify that all information contained in and accompanying this form is complete and accurate to the best of my knowledge and belief.

I also undertake to notify the Bank of Guyana forthwith of any material change in these particulars.

Signature of Applicant Designation Date - Name of Applicant letters) (use block Please affix stamp/seal here 10 T- U S S M P n!

B?

m i f fi ' Sll': J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 20TH J A N U A R Y, 2 0 14 Notes: 1.

The completed form is to be submitted to the Governor, Bank of Guyana.

No section of the form should be left blank.

Place "Not Applicable" or "None" as the case m ay be.

If required information may be annexed.

Reference shall be made in the pertinent section of the form by placing the words "Refer to Annex the space provided is not adequate, the " 2.
This application shall be accompanicd by: (a) A copy of the Certificate of Incorporation or valid Certificate of Business Registration, (b) A copy of the Partnership Agreement, in the instance of a partnership - -••• arrangement.

;.,••' rr- — (c) In the ease of an external company copies of the Certificate of Registration and Power of Attorney.

(d) Valid Guyana Revenue Authority Tax Compliance Certificate and Tax Identification Number.

(e) Valid National Insurance Scheme Compliance.


( f) Recent Police Clearance of the Applicant/Partner/Director.

(g) A completed Personal Information Sheet (PIS) for each Applicant/Partner/Director and the agent appointed by the power of attorney.
(h) A statement from the applicant's banker, setting out the performance of past and present accounts, (i) A business plan detailing the current money transfer activities, if any, of the applicant(s) and /or its proposed activities for which the licence is sought.

Particulars of its financing, management structure, internal controls, subsidiary or affiliate relationships should be set out.

(j) Most recent financial statements, (k) An application fee.

3.
3.

Items (d) and (e) shall be in the name of the applicant, along with the registered or incorporated business name, if applicable.

The business name and submitted.

The business address must be consistent on all documents documents required shall be submitted at the same time.

11 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 Form 2 CO-OPERATIVE REPUBLIC OF GUYANA MONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (NO.
20 of 2009) LICENCE TO CARRY ON THE BUSINESS OF MONEY TRANSFER LICENCE No: TO: Trading As w h o se registered address is at , G u y a n a, is hereby granted a licence u n d er section 4 of the M o n ey T r a n s f er A g e n c i es (Licensing) Act 2009 (No.

20 of 2 0 0 9 ), to carry on in G u y a na the business of m o n ey transfer for the period !S1 J a n u a ry to 31sl D e c e m b er , subject to the licensee c o m p l y i ng with all the laws and conditions relating to the conduct of the said business.
D a t ed the d ay of Governor Bank of Guyana 12 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 Form 4 A P P L I C A T I ON FOR A P P R O V AL TO M O VE L I C E N S ED A G E N CY TO P R E M I S ES O T H ER T H AN PREMISES SPECIFIED IN L I C E N CE M O N EY T R A N S F ER A G E N C I ES (LICENSING) A CT 2009 (No.

20 Of 2009) 1.

Applicant's name and address in full.

The registered name of the business or company and address, must be included where applicable.
Name of Applicant(s) Registered name of business or company Address of the licensed business Intended address for the licensed business 2.

Number and date of current licence.

Licence Number Date 16 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 3.

S t a te t he r e a s o n ( s) f or c h a n g i ng to n ew p r e m i s e s. Note: This application must be accompanied by the relevant fee, 17 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 20TH J A N U A R Y, 2 0 14 Form 5 APPLICATION FOR CERTIFICATE OF REGISTRATION FOR AGENT TO CONDUCT MONEY TRANSFER BUSINESS MONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (No.

20 of 2009) 1.

I, the applicant, hereby apply to be registered as a money transfer agent in Guyana, on behalf of the licencee 2.

Please indicate whether this application is being submitted by: | | | (a) An individual or sole trader.

| (b) A partnership/firm.

J (c) A company or other body corporate, 3.


(a) An individual or sole trader Nsme of Applicant(s) Registered name of business Address of registered business Business name registration number and date of registration.

Nature of the business Intended address for conducting money transfer business 18 f F I C l AL G A Z E T TE [LEGAL SUPPLEMENT] — B 2 0T" J A N U A R Y, 2 0 14 4otes: 1.

The completed form is to be submitted to the Governor, Bank of Guyana.

No section of the f o rm should be left blank.


Place "Not Applicable" or " N o n e" as the case m ay be.

required information m ay be annexed.

Reference shall be made in the pertinent section of the f o rm by placing the words " R e f er to A n n ex the space provided is not adequate, the If " 2.
This application shall be accompanicd by: (a) A copy of the Certificate of Incorporation or valid Certificate of Business Registration, (b) A copy of the Partnership Agreement, in the instance of a partnership arrangement.

(c) In the c a se of an external c o m p a ny copies of the Certificate of Registration and P o w er of Attorney.

(d) Valid G u y a na Revenue Authority Tax Compliance Certificate and T ax Identification N u m b e r. (e) Valid National Insurance Scheme Compliance.
(f) Recent Police Clearance of the Applicant/Partner/Director.

(g) A completed Personal Information Sheet (PIS) for each Applicant/Parmer/Director and the agent appointed by the power of attorney.

(h) A statement from the applicant's banker, setting out the performance of past and present accounts.

(i) A business plan detailing the current m o n ey transfer activities, if any, of the applicant(s) and /or its proposed activities for w h i ch the licence is sought.
Particulars of its financing, management structure, internal controls, subsidiary or affiliate relationships should be set out.

(j) Most recent financial statements, (k) An application fee.

3. the Items (d) and (e) shall be registered or incorporated business name, if applicable.

T he business name anr1 business address must be consistent on ail d o c u m e n ts d o c u m e n ts required shall be submitted at the same time.
in the name of the applicant, along with submitted 11 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 (b) A partnership/firm Names of Partners Registered name of business Address of registered business Business name registration number and date of registration.
Nature of the business Intended address for conducting money transfer business (c) A c o m p a ny or other b o dy corporate Names of Directors Name of company r Registered address o company Place and Date of Incorporation Intended address for conducting money transfer business * • .

19 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 4.
If the c o m p a ny is incorporated outside of Guyana: Names of Directors Name of c o m p a ny Registered Address of company outside of Guyana Place and Date of Incorporation Date of registration as an external c o m p a ny in Guyana Nature of the business Name of person appointed to be agent by power of attorney Home address of agent Address of the c o m p a n y 's principal office in Guyana 5.

State the reason(s) w hy the applicant wants to operate as a money transfer agent.
20 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 2 0™ J A N U A R Y, 2 0 14 6.

State particulars of how the applicant proposes to finance the business (specify if own funds, borrowed funds, other sources, ctc.)

7.

Certification and Undertaking I hereby certify that the above information contained in and accompanying this form is complete and accurate to the best of my knowledge and belief.
1 also undertake to immediately notify the Bank of Guyana of any material change in the particulars of this appiication.

Signature of AppHcant(s) Designation Date Please affix stamp/seal here 21 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 20TH J A N U A R Y, 2 0 14 S w o rn to at G e o r g e t o w n, D e m e r a r a, T h is d ay of , B e f o re Me A C O M M I S S I O N ER OF O A T HS TO A F F I D A V I TS 22 r 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 2 0™ J A N U A R Y, 2 0 14 Personal Information Sheet A separate sheet must be completed for each Applicant/Partner/Director.

1.

Name Surname Given Names 2.

Date of Birth Day Month Year 3.

Identification Type (Passport/ National ID Card etc.)

4.
4.

Home Address Date of Issue Place of Issue Nationality 5, Contact Information Telephone No.

Cell Phone No.

Email Address 23 THE OFFICIAL GAZETTE [LEGAL SUPPLEMENT] — B 2 0th JANUARY, 2014 6.

Professional Qualifications Particulars (e) Academic Degree(s) Year Obtained Name of Institution (f) Diplomats)/ Certificate(s) (g) Training Courses/Seminars (h) Membership in Professional Organisations | | i i 24 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 43 7.


Occupation/Employment.

Start with current employer and go back for the last 10 years.

Name, address & business of employer Position Held Dates From - To 8.

References.

Please provide contact information for two individuals other than relatives who have personally known the applicant for at ieast three years.

Name Occupation Address Telephone No.

and email address Name Occupation Address Telephone No.
and email address 25 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 o 9.

Certification and Undertaking I certify that all information contained in and accompanying this form is complete and accurate to the best of my knowledge and belief.

I also undertake to notify the Bank of Guyana forthwith of any material change in these particulars.
Signature of Applicant Designation Date Name of Applicant (use block letters} Please affix stamp/seal here 26 r V.- T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 2 0IH J A N U A R Y, 2 0 14 39 Notes: 1.

The completed form is to be submitted to the Governor, Bank of Guyana.

No section of the form should be left blank.

Place "Not Applicable" or "None" as the case may be.

If the space provided is not adequate, the required information may be annexed.
Reference shall be made in the pertinent section of the form by placing the words "Refer to Annex " 2.

This application shall be accompanied by; (a) A copy of the Certificate of Incorporation or valid Certificate of Business Registration.

(b) A copy of the Partnership Agreement, in the instance of a partnership arrangement.

(c) In the case of an external company, copies of the Certificate of Registration and Power of Attorney.
(d) Valid Guyana Revenue Authority Tax Compliance Certificate and Tax Identification Number.

(e) Valid National Insurance Scheme Compliance.

(f) Recent Police Clearance of the Applicant/Director/Partner.

(g) A completed Personal Information Sheet (PIS) for each Applicant/Partner/Director and the agent appointed by the power of attorney.
(h) Two letters of character reference, duly notarized, from individuals other than relatives who have personally known the applicant/director/partner for the last three years.

(i) A statement from the applicant's banker, duly setting out the performance of past and present accounts.

(j) A business plan detailing the current money transfer activities, if any of the applicant and or its proposed activities for which the certificate of registration is sought.
Particulars of its financing, management structure, internal controls, subsidiary or affiliate relationships should be set out.

(k) Most recent financial statements.

27 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 2 0™ J A N U A R Y, 2 0 14 (1) A c o py of the w r i t t en a g r e e m e nt b e t w e en the L i c e n s ee and the p r o p o s ed m o n ey t r a n s f er agent, ( m) An a p p l i c a t i on f e e. 3.
I t e ms (d) a nd (e) shall be in the n a me of t he a p p l i c a n t, a l o ng w i th the r e g i s t e r ed or i n c o r p o r a t ed b u s i n e ss n a m e, if a p p l i c a b l e. T he b u s i n e ss n a me a nd b u s i n e ss a d d r e ss m u st be c o n s i s t e nt on all d o c u m e n ts s u b m i t t e d. T he d o c u m e n ts required, shall be p r e s e n t ed at the s a me t i m e. 28 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 Form 6 CO-OPERATIVE REPUBLIC OF GUYANA HONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (NO.
20 of 2 0 0 9) CERTIFICATE OF REGISTRATION TO CONDUCT BUSINESS AS A MONEY TRANSFER AGENT ON BEIIALF OF A LICENSEE CERTIFICATE No: TO: Trading As w h o se registered address is at , G u y a n a, is h e r e by granted a certificate of registration u n d er section 8 of the M o n ey T r a n s f er A g e n c i es (Licensing) A ct 2009 ( N o.
20 of 2 0 0 9 ), to carry on in G u y a na the b u s i n e ss of m o n ey t r a n s f er as a m o n ey t r a n s f er agent on b e h a lf of licensee — w ho h o l ds Licence N o.

—- f or the period 1st J a n u a ry to 3151 D e c e m b e r, s u b j e ct to the m o n ey t r a n s f er a g e nt c o m p l y i ng w i th all the l a ws and c o n d i t i o ns r e l a t i ng to the c o n d u ct of the said business.
D a t ed the d ay of , Governor Bank of Guyana 29 22 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 Form 7 APPLICATION FOR RENEWAL OF CERTIFICATE OF REGISTRATION MONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (No.

20 of 2009) 1.

Applicant's name and address in fall.

The registered name of the business or company and address, must be included where applicable.
Name of Applicant(s) Home address of applicant Registered name of business or company Intended address for conducting money transfer business 2.

(a) Was this certification of registration previously renewed?

Yes No 1 | (b) If the answer is yes, list the certificate of registration numbers and the renewal dates for the past three years, starting with the most recent registration, Certificate of Registration Number Renewal Date 30 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 2 0TH J A N U A R Y, 2 0 14 43 3.

(a) Was an application for the renewal of the certificate of registration ever refused?

Yes • N on (b) If the answer is yes, list the date(s) of refusal.

Certificate of Registration Number Refusal Date 4.

Certification and Undertaking I hereby certify that all information provided is true to the best of my knowledge and belief.

I further undertake to immediately notify the Bank of any material change in the particulars of this application.
31 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT] — B • 20™ J A N U A R Y, 2 0 14 22 Notes: 1.

This application shall be accompanied by: (a) A copy of the Certificate oflncorporation or valid Certificate of Business Registration.

(b) A copy of the Partnership Agreement, in the instance of a partnership arrangement.

(c) In the case of an external company, copies of the Certificate of Registration and Power of Attorney.
(d) Valid Guyana Revenue Authority Tax Compliance Certificate (e) Valid National Insurance Scheme Compliance.

(f) The renewal fee.

2.

Items (d) and (e) shall be in the name of the applicant, along with the registered or incorporated business name, if applicable.

The business name and business address must be consistent on all documents submitted.

32 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 2 0TH J A N U A R Y, 2 0 14 43 F o rm 8 reg.


10 A P P L I C A T I ON F OR A P P R O V AL TO C H A N GE P R E M I S ES F R OM W H I CH M O N EY T R A N S F ER A G E NT W I LL O P E R A TE M O N EY T R A N S F ER A G E N C I ES ( L I C E N S I N G) A CT 2009 (No.

20 of 2009) I.

Applicant's name and address in full.

The registered name of the business or company and address, must be included where applicable.
Name of Applicant(s) Registered name of business or company Address of the licensed business Intended address for the licensed business 2.

Number and date of current certificate of registration.

Certificate of Registration Number Date 33 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 2 0TH J A N U A R Y, 2 0 14 3.

State reason(s) for changing to new premises.

4.


S i g n a t u re of A p p l i c a n t ( s) Designation Date * Please affix stamp/seal here Note: This application must be accompanied by the relevant fee.

34 r' T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 43 reg.

11 Form 9 EXCHANGE RATES AND APPLICABLE CHARGES MONEY TRANSFER AGENCIES (LICENSING) ACT 2009 (No.
20 of 2009) Name of Licensee/Agency Name of Agent Current Date Inbound Transactions Exchange Rate Charges US$ GBP EURO CDN$ Other BD$ TT$ ECS J$ Other 35 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!

— B 20TH J A N U A R Y, 2 0 14 Outbound Transactions Exchange Rate Charges US$ GBP EURO CDN$ Other BD$ TT$ ECS .

J$ Other 36 THE OFFICIAL G A Z E T TE [LEGAL SUPPLEMENT!
— B 20TH JANUARY, 2014 43 F O RM 12 Monthly Report on Money Transfer Transactions by Licensee and Agents Money Transfer Agencies (Licensing) Act, 2009 reg.

13 G$ Value of Transactions US$ Value of Transactions Outbound Inbound Outbound Inbound Name of Licensee Address oi Licensee Transactions for Month Ended No.

Name of Licensee and Agent No.

of Transactions Inbound Outbound 37 J16 T HE O F F I C I AL G A Z E T TE [LEGAL SUPPLEMENT!
— B 2 0TH J A N U A R Y, 2 0 14 Name of Officer Date Signature of Officer Made this day of January, 2014.

Lawrence T. Williams, Governor, Bank of Guyana.

38