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Prohibited countries and activities

Blacklisted Jurisdictions:

Afghanistan

American Samoa

Angola

Bangladesh

Barbados

Benin

Bolivia

Botswana

Brunei

Burkina Faso

Burundi

Cambodia

Cameroon

Cayman Islands

Central African Republic

Chad

Christmas Island

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

Honduras

Iran

Iraq

Ivory Coast

Jamaica

Kiribati

Kosovo

Kyrgyzstan

Laos

Lebanon

Lesotho

Liberia

Libya

Madagascar

Malawi

Maldives

Mali

Mauritania

Mauritius

Micronesia

Mongolia

Mozambique

Myanmar

Namibia

Nauru

Nicaragua

Niger

Nigeria

Niue

North Korea (Republic of)

Pakistan

Palau

Palestinian Territory, occupied

Panama

Papua New Guinea

Pitcairn

Russia

Rwanda

Samoa

Sao Tome and Principe

Senegal

Sierra Leone

South Sudan

Sri Lanka

Sudan

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

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 labor 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. Trade in wildlife or wildlife products regulated under CITES; 5. Production or trade in radioactive materials;
6. Commercial logging operations or purchase of logging equipment for use in the primary tropical moist forest;
7. Production or trade in pharmaceuticals subject to international phase-outs or bans;
8. Production or trade in pesticides/herbicides subject to international phase-outs or bans;
9. Drift net fishing in the marine environment using nets in excess of 2.5km in length;
10. Production or activities involving harmful or exploitative forms of forced labor /harmful child labor;
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 dealings;
14. Involvement in any business relating to 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. Illegal use of confidential material and non-public information;
18. Trading of animal fur, bones, and ivory;
19. Diamond trading without Kimberley Certification;
20. Creation of indecent and obscene material including child pornography;
21. Trading of cultural objects like sculptures, statues, antiques, collectors’ items, and archaeological pieces especially those originating from the Republic of Iraq;
22. Trading of fireworks, explosives, and weapons;
23. Drug trafficking including chemicals used to manufacture a synthetic drug or drugs;
24. Trading in derivatives/options/hedging;
25. Non-licensed offline gambling/betting/casino/horse racing/bingo/sports betting;
26. Non-licensed online casino/online poker/online gambling/online betting/prize draws/gift cards/any form of lottery/scratch cards;
27. Trading of bearer shares and bonds;
28. The dealing of jewels, gems, precious metals;
29. Non-licensed forex/binary options.

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