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The transmission—by any electronic, magnetic or optical means—of instructions for the transfer of funds, including a transmission of instructions that is initiated and finally received by the same person or entity. A person or entity that, in the course of their business activities, buys or sells precious metals, precious stones or jewellery. A transaction may have one or more completing actions depending on the instructions provided by the person or entity. The completing action is the details of how the reporting entity fulfilled the person or entity’s instructions which led to the transaction being completed.

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