Prohibited countries and activities

Blacklisted Jurisdictions:

Afghanistan

American Samoa

Angola

Anguilla

Bahamas

Bangladesh

Barbados

Benin

Bolivia

Botswana

British Indian Ocean Territory

Brunei

Burkina Faso

Burundi

Cambodia

Cameroun

Cape Verde

Caribbean Netherlands

Cayman Islands

Central African Republic

Chad

Christmas Island

Cocos (Keeling) Island

Comoros

Congo

Congo (Democratic republic of)

Crimea

Cuba

Djibouti

Dominica

Equatorial Guinea

Eritrea

Ethiopia

Federal Republic of Somalia

Fiji

French Southern Territories

Gabon

Gambia

Ghana

Guam

Guinea

Guinea Bissau

Guyana

Haiti

Heard & Mcdonalds Islands

Honduras

Iran

Iraq

Ivory Coast

Jamaica

Kiribati

Kosovo

Kyrgyzstan

Laos

Lebanon

Lesotho

Liberia

Libya

Madagascar

Malawi

Maldives

Mali

Mauritania

Mauritius

Micronesia

Mongolia

Montserrat

Mozambique

Myanmar

Namibia

Nauru

New Caledonia

Nicaragua

Niger

Nigeria

Niue

Norfolk Island

North Korea (Republic of)

Northern Mariana Islands

Pakistan

Palau

Palestinian Territory, occupied

Panama

Papua New Guinea

Pitcairn

Rwanda

S. Georgia & S. Sandwich Isl

Saint Barthelemy

Samoa

Sao Tome and Principe

Senegal

Sierra Leone

South Sudan

Sri Lanka

St Pierre et Miquelon

St. Helena

Sudan

Svalbard and Jan Mayen

Swaziland

Syria

Tajikistan

Tanzania

Timor-Leste

Togo

Tokelau island

Tonga

Trinidad and Tobago

Turkmenistan

Turks & Caicos Islands

Tuvalu

Uganda

Us Minor Outlying Islands

Us Virgin Islands

Vanuatu

Vatican City State

Venezuela

Wallis and Futuna

Western Sahara

Yemen

Zambia

Zimbabwe

Prohibited activities

1. Production or trade in any product or activity deemed illegal under host country laws or regulations or international conventions and agreements, including without limitation host country requirements related to environmental, health and safety and labour aspects;
2. Production or trade in weapons and munitions;
3. Production, trade, storage, or transport of significant volumes of hazardous chemicals, or commercial scale usage of hazardous chemicals;
4. Production or trade in tobacco;
5. Trade in wildlife or wildlife products regulated under CITES;
6. Production or trade in radioactive materials;
7. Commercial logging operations or purchase of logging equipment for use in primary tropical moist forest;
8. Production or trade in pharmaceuticals subject to international phase outs or bans;
9. Production or trade in pesticides/herbicides subject to international phase outs or bans;
10. Drift net fishing in the marine environment using nets in excess of 2.5km. in length Production or activities involving harmful or exploitative forms of forced labour/harmful child labour;
11. Production or trade in ozone depleting substances subject to international phase out;
12. Production or trade in wood or other forestry products from unmanaged forests;
13. Money exchange dealers;

14. Any business relating to pornography or prostitution;
15. Quarries, mining, or processing of metal ores or coal;
16. Giving or receiving gifts that could be interpreted as intending to influence business decisions;
17. Abusing confidential or material, non-public information;
18. Trading of Animal Fur, Bones and Ivory;
19. Diamond trading without Kimberley Certification;
20. Indecent and Obscene material including child pornography;
21. Cultural objects like sculptures, statues, antiques, collectors’ items, archaeological pieces especially from Republic of Iraq;
22. Trading of Fireworks, explosives and Nuclear Weapons;
23. Drug trafficking including chemicals used to manufacture synthetic drug or drugs;
24. Trading in Derivatives/Options/Hedging;
25. Donations/Charities;
26. Non-licensed Offline Gambling/Betting/Casino/Horse Racing/Bingo/Sports Betting;
27. Non-licensed Online Casino/Online Poker/Online Gambling/Online Betting/Prize Draws/Gift Cards/Any form of Lottery/Scratch cards;
28. Bearer shares and bonds;
29. Jewel, Gem, Precious metal dealers;
30. Cash Pooling Structure;
31. Non-licensed Forex/Binary Options.

This Prohibited countries and activities is an integral part of the Satchel Policy on Prevention of Money Laundering and Terrorist Financing.