Prohibited Business industries and individuals:

IndustryRisk Rating
Banking & capital marketsProhibited
Government & public sectorProhibited
Production of Adult, Dating, Pornography or Violent contentProhibited
Violent content, Race or ethnicity, Religion or belief, Nationality, Gender or sexual orientationProhibited
Weapon and Anything linked to military contractsProhibited
Any business linked to trading active arms and Lethal WeaponsProhibited
Shell companies [organizations with no physical presence, or meaningful decision making and / or management]Prohibited
Deposit in cash and cash transaction Prohibited
Crypto and Cheque transaction and Deposit in chequeProhibited
Lottery, Gambling and Gaming, including payoutsProhibited
Crowd fundingProhibited
Bitcoin and other CryptocurrenciesProhibited
Pharmaceuticals & life sciencesProhibited
ChemicalsProhibited
Pay day lendersProhibited
Certified Accountant, Auditors, and Tax AdvisorsProhibited
Legal Solicitor & ComplianceProhibited
Drugs (as defined in the UK), including, for the avoidance of doubt, drug paraphernaliaProhibited
Unregulated Investing ManagementProhibited
Financial Services, Money Remittance, Forex, Card Acquirer (Including MSB)Prohibited
MiningProhibited
Registered Charities, Trust (includes Non-Profits Organizations, Non-Governmental Organizations (NGOs)Prohibited
Unregistered Charities, Unregistered company, company outside UK or outside AB Money risk appetiteProhibited
Binary options tradingProhibited
Private security firmsProhibited
Debt management and collectionProhibited
Transactions involving Human OrgansProhibited
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

High Risk Business Industries and Individuals:

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.

IndustryRisk Rating
Political and Religious OrganizationsHigh
Vehicle TradingHigh
Gold Trader & High Value products (such as precious metals including precious stones)High
Diamond and precious metal merchants, including jewelersHigh
Logistic & WholesaleHigh
Regulated Firm Consultant (not involved with investing fund)High
Oil & gasHigh
Asset & wealth managementHigh
MetalsHigh
Private equityHigh
Real Estate & Estate AgentHigh
Fireworks and related goodsHigh
Cultural Artifacts and Art DealersHigh
Ivory or other items related to protected species, or archaeological, historical, religious significance of rare scientific valueHigh
Any products harmful to human health - tobacco, e-cigarettes and e-liquidHigh
Financial Services, Money Remittance, Forex, Card Acquirer (Introduce to 3rd parties bank – not related with AB PLUS)High