Prohibited countries and activities

Blacklisted Jurisdictions:

Afghanistan

American Samoa

Angola

Anguilla

Antigua and Barbuda

Aruba

Bahamas

Bangladesh

Belize

Benin

Bolivia

Botswana

British Virgin Islands

British Indian Ocean Territory

Brunei

Burkina Faso

Burundi

Virgin Islands, U.S.

Cambodia

Central African Republic

Cocos (Keeling) Islands

Congo, the Democratic Rep.

Congo

Comoros

Commonwealth of Dominica

Cook Islands

Cape Verde

Caribbean Netherlands

Cayman Islands

Christmas Island

Djibouti

Dominican Republic

Ecuador

Eritrea

Ethiopia

Equatorial Guinea

Fiji

French Polynesia

French Southern Territories

Gabon

Gambia

Gaza Strip.

Ghana

Grenada

Guinea Bissau

Guinea

Guam

Guyana

Honduras

Haiti

Iraq

Iran, Islamic Republic of

Kosovo

Korea, Democratic People’s Rep.

Kyrgyzstan

Lao, People’s Democratic Rep.

Lebanon

Liberia

Lesotho

Libya

Macao

Madagascar

Malawi

Maldives

Mali

Marshall Islands

Mauritania

Mauritius

Mayotte

Micronesia

Montserrat

Mozambique

Myanmar

Namibia

Nauru

New Caledonia

Nicaragua

Niger

Nigeria

Niue

Norfolk Island

Puerto Rico

Reunion

Rwanda

Saint Helena, Ascension and Tristan da Cunha

Saint Pierre and Miquelon

Samoa

Sao Tome and Principe

Seychelles

Sierra Leone

Somalia

South Sudan

South Georgia and the South Sandwich Islands

Sri Lanka

St. Barthelemy

Northern Mariana Islands

Panama

Pakistan

St. Kitts and Nevis

St. Vincent and the Grenadines

Sudan

Svalbard and Jan Mayen

Swaziland

Syrian Arab Republic

Tajikistan

Timor-Leste

Togo

Tonga

Tokelau

Tunisia

Turks and Caicos

Turkmenistan

Tuvalu

Palestinian Territory

Pitcairn

Uganda

United States of America

U.S. Minor Outlying Islands

U.S. Virgin islands

Holy See (Vatican City State)

Vanuatu

Venezuela

Vietnam

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.