The climate is indifferent, there are no reservations.
There are no specific regulations on the provision of these services.
The Dominican government does not keep track of or publish this data.
While the banking and securities exchange regulation is severe regarding risk management, this applies only to banks themselves. Research and analytics services are not regulated.
Pursuant to Law 126-02 on E Commerce, Electronic Documents and Digital Signature., electronic trade of goods and services in general is valid in the Dominican Republic, subject to any special regulation that may be established for a specific sector.
Due to the increase in sophistication and severity of due diligence and know your client obligations imposed on financial institutions, the demand for this services has increased and will probably continue to.
José Cruz Campillo
Santo Domingo, Dominican Republic