| Industry | Risk Rating |
|---|---|
| Lottery, Gambling and Gaming, including payouts | Prohibited |
| Crowd funding | Prohibited |
| Bitcoin and other Cryptocurrencies | Prohibited |
| Crypto and Cheque transaction and Deposit | Prohibited |
| Private security firms | Prohibited |
| Pay day lenders | Prohibited |
| Forex | Prohibited |
| Pornography and Adult | Prohibited |
| Shell companies [organizations with no physical presence, or meaningful decision making and / or management] | Prohibited |
| Unregistered Charities, Unregistered company, company outside UK or outside AB Money risk appetite | Prohibited |
| Any business linked to trading active arms and Lethal Weapons | Prohibited |
| Anything related to illegal drugs (as defined in the UK), including, for the avoidance of doubt, drug paraphernalia | Prohibited |
| Binary options trading | Prohibited |
| Debt management and collection | Prohibited |
| Political and Religious Organizations | Prohibited |
| MSBs (Unregistered or None-Regulated) | Prohibited |
| Financial Services, Money Remittance, Forex, Card Acquirer (Including MSB) | Prohibited |
| Transactions involving Human Organs | 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 |
| Financial Pyramid or Ponzi Schemes | Prohibited |
| Industry lists within AB prohibited | Prohibited |
| Industry lists within AB prohibited countries | 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 |
|---|---|
| Banking & capital markets | High |
| Government & public sector | High |
| Gold Trader & High Value products (such as precious metals including precious stones) | High |
| Diamond and precious metal merchants, including jewelers | High |
| Logistic & Wholesale | High |
| Unregulated Firm Consultant | High |
| Oil & gas | High |
| Asset & wealth management | High |
| Metals | High |
| Pharmaceuticals & life sciences | High |
| Chemicals | High |
| Mining | High |
| Private equity | High |
| Real Estate & Estate Agent | High |
| Fireworks and related goods | High |
| Anything linked to military contracts. (Note – if also linked to Lethal Weapons, then this becomes prohibited) | 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 |
| Credit repair, Debt Restructuring | High |
| Debt recovery, Debt settlement, Debt Collections | High |
| Production of Adult or Violent content | High |
| Financial Services, Money Remittance, Forex, Card Acquirer (Introduce to 3rd Parties – not related with Railsr/Payrnet) | High |
| Deposit and remittance in Cash transaction | High |