| Industry | Risk Rating |
|---|---|
| Banking & capital markets | Prohibited |
| Political and Religious Organizations | Prohibited |
| Production of Adult, Dating, Pornography | Prohibited |
| Violent content, Race or ethnicity, Religion or belief, Nationality, Gender or sexual orientation | Prohibited |
| Arms/Defence/Military | Prohibited |
| Shell companies [organizations with no physical presence, or meaningful decision making and / or management] | Prohibited |
| Crypto and Cheque transaction and Deposit in cheque | Prohibited |
| Lottery, Casino, Gambling and Gaming, including payouts | Prohibited |
| Crowd funding | Prohibited |
| Financial Pyramid or Ponzi Schemes | Prohibited |
| Bitcoin and other Cryptocurrencies | Prohibited |
| Chemicals | Prohibited |
| Cannabis, Marijuana/Cannabidiol (CBD) | Prohibited |
| Drugs (as defined in the UK), including, for the avoidance of doubt, drug paraphernalia | Prohibited |
| Unregulated Investing Management | Prohibited |
| Financial Services, Money Remittance, Forex, Card Acquirer (Including MSB) | Prohibited |
| Unregistered Charities, Unregistered company, company outside UK or outside AB Money risk appetite | Prohibited |
| Binary options trading | Prohibited |
| Debt management and collection | Prohibited |
| Asset & wealth management | Prohibited |
| The sale or distribution of stolen goods (including digital and virtual goods), counterfeit goods and violation of intellectual property, or items that violates individual privacy (revenge porn) | Prohibited |
| Any industry known to be an illegal industry in its local jurisdiction | Prohibited |
| Fake goods | Prohibited |
The following businesses/individuals are deemed to be higher risk by the business and will need EDD to be performed. The MLRO will advise the onboarding team as needed / requested, on a case-by- case basis, the appropriate and required action to take.
| Industry | Risk Rating |
|---|---|
| Diamond and precious metal merchants, including jewelers | High |
| Gold Trader (Gold ornaments, gold bars, gold coins, gold necklaces, gold rings, retail or wholesale trading) | High |
| Registered Charities, Trust (includes Non-Profits Organizations, Non-Governmental Organizations (NGOs) | High |
| Pharmaceuticals & life sciences | High |
| Logistic & Wholesale | High |
| Real Estate & Estate Agent | High |
| Legal Solicitor & Compliance | High |
| Certified Accountant, Auditors, and Tax Advisors | High |
| Pay day lenders | High |
| Oil & gas | High |
| Private security firms | High |
| Business Consultant, Marketing Advisor or Human Resource (not involved with investing fund) | High |
| Extractive Industries | High |
| Private equity | High |
| Fireworks and related goods | High |
| Cultural Artifacts and Art Dealers | High |
| Ivory or other items related to protected species, or archaeological, historical, religious significance of rare scientific value | High |
| Any products harmful to human health - tobacco, e-cigarettes and e-liquid | High |
| Used Car Dealers | High |
| Waste Collection & Disposal, Hazardous Waste Management | High |
| Financial Services, Money Remittance, Forex, Card Acquirer (Introduce to 3rd parties bank – not related with AB PLUS) | High |