Canada    FinTech Guide    Chapter 9    Dominican Republic

9. Analytics and Research / Data Management / Risk Management
Dominican Republic  Dominican Republic

The climate is indifferent, there are no reservations.

Legal Affairs

There are no specific regulations on the provision of these services.

Economic Conditions

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.

Contributing Authors

Jiménez Cruz Peña

José Cruz Campillo
Santo Domingo, Dominican Republic

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Chapter Index:

1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 May 2018