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Activities and Business
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Description
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Activities or businesses intended to obfuscate the origin of funds, opaque corporate structures or sanction risk exposure.
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- Obfuscation of funds to aid money laundering, terrorist financing, human trafficking, animal trafficking, bribery and corruption and/ or tax evasion.
- Shell companies, opaque, overly complex corporate structures, or created with bearer shares.
- Activities or business with links to sanctioned countries, sanctioned individuals or groups.
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Adult
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- Adult services connected to human trafficking; sexually-related services such as prostitution, escort services, mail-order brides, strip clubs, adult live chats, and adult phone service.
- Production, visual broadcasting of pornography or other obscene images, or striptease clubs.
- Any service related to paedophilia, non-consensual sexual activity, sexual exploitation of a minor and acts of bestiality.
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Arms / Dual Use Goods/ Spy Tools
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- Weapons and munitions; gunpowder and other explosives.
- Hazardous materials including fireworks (chemical, radioactive, biohazard, corrosive, caustic, volatile, toxic, combustible).
- Card data collectors, keyloggers, jammers, modchips.
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Deceptive or unfair products or services
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- Practices, products or services that we in our sole discretion determine to be:
- Unfair, misleading or deceiving to consumers.
- Discarding or avoiding consumer protection laws or predatory towards consumers in any other way.
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Extraction of data via AIS for the sole purpose of selling the data to a third party
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- The use of AIS to sell data to a third party on a marketplace or otherwise without the provision of a payment or data service to the end-user
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Political or religious organisations engaged in hate speech, discrimination or violence
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- Promoting harm against or directly attacking or threatening any group or person based on race, religion, disability, gender, sexual orientation, national origin, or any other immutable characteristic.
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Products or services provided without an appropriate licence required by law, regulation or the legal owners permission.
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- Product or service that directly infringes or facilitates infringement upon a trademark, patent, copyright, or trade secrets.
- Counterfeit or other licensed materials.
- Unauthorised sale of brand name/ designer products (where authorised brands grant licenses for their resale).
- Goods or services that are illegally imported or exported.
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Products which involve circumventing currency controls
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- Products which involve payment flows which breach regulations governing the sales and purchase of certain foreign currencies.
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Products that involve the use of an Informal Value Transfer System
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- The “IVTS” refers to any system, mechanism, or network of people that receives money for the purpose of making the funds or an equivalent value payable to a third party in another geographic location, whether or not in the same form. The transfers generally take place outside of the conventional banking system through non-bank financial institutions or other business entities whose primary business activity may not be the transmission of money.
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Unregulated Financial Services (where licensing required)
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- Pyramid schemes / multi-level marketing (ML)
- Ponzi schemes and Penny Auctions
- Hawala
- Un-licensed FX broker
- Binary options
- Get rich quick schemes, referrals or marketing programmes (Where the proposal is to pay high rates of return over a small period in return for a small investment)
- Unlicensed Gambling (e.g. provision of services using offshore licence)
- Unlicensed Crypto Currencies, Exchanges or related services
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Unlicenced gambling and gaming firms (where licencing is required)
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- Unlicenced gambling and gaming firms where their business model necessitates a licence from one or more regulators
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Unregulated Services that are High Risk
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- Unregulated pharmaceuticals/food supplements (e.g.“nutraceuticals”)
- Unlicensed charities
- Unlicensed sale of animals
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