Based on the Financial Action Task Force (FATF), this disclaimer means that services are strictly prohibited for clients, entities, or transactions originating from jurisdictions identified as having significant strategic deficiencies in their Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) regimes.
This restriction specifically targets two categories of high-risk jurisdictions:
- High-Risk Jurisdictions Subject to a Call for Action ("Black List")
These countries are subject to countermeasures or enhanced due diligence due to extreme risk.
- Democratic People's Republic of Korea (DPRK/North Korea): Subject to enhanced due diligence and countermeasures.
- Iran: Subject to countermeasures.
- Myanmar: Subject to enhanced due diligence.
- Jurisdictions under Increased Monitoring ("Grey List")
These countries are actively working with the FATF to address strategic deficiencies. The list includes, but is not limited to:
- Algeria
- Angola
- Bolivia
- Bulgaria
- Cameroon
- Côte d'Ivoire
- Democratic Republic of the Congo
- Haiti
- Kenya
- Kuwait (Added Feb 2026)
- Lao PDR
- Lebanon
- Monaco
- Namibia
- Nepal
- Papua New Guinea (Added Feb 2026)
- South Sudan
- Syria
- Venezuela
- Vietnam
- Virgin Islands (UK)
- Yemen
What This Means for Services:
- No Onboarding: Clients residing in or operating from these countries will be rejected.
- Transaction Blocking: Payments, transfers, or business interactions involving these regions will not be supported.
- Compliance: This policy is designed to comply with international sanctions and prevent the facilitation of money laundering or terrorist financing
