Non-Permitted Profiles
Non-permitted industries:
- Weapons / military-grade security;
- Multi-level marketing;
- Pawnbrokers;
- Political organizations;
- Precious metals and stones;
- Adult entertainment;
- Drug paraphernalia;
- CBD and related products ;
- Carbon credits;
- Cryptoassets;
- Gambling;
- Ponzi / pyramid schemes;
- Firms involved in the servicing of illegal goods/services including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, prostitution;
- Mining and extraction.
Non-permitted client types:
- Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering’;
- Shell banks;
- Unregistered charities;
Non-permitted activities:
- Clients are not allowed to use our services to speculate changes in
- FX;
- Transactions deriving from crypto currencies;
Want to discuss with one of our top experts in financial transactions? Just drop us an email.
Shell banks or unlicensed financial institutions
Anonymous or pseudonymous clients
Clients with bearer shares or no verifiable UBO
State-owned entities from high-risk jurisdictions
Fictitious or untraceable entities (no legal registration)
Cash-intensive businesses from high-risk countries