As part of its legal and regulatory obligations, as well as its high-quality level standards, Monvenience will not serve any person, have any kind of business relationships with persons, or process incoming or outgoing transactions related to Prohibited Countries. The list of Prohibited Countries is provided below. This list is fixed by Monvenience unilaterally and is subject to regular change.
The List of Blacklisted Jurisdictions
| Afghanistan | American Samoa | Angola |
| Anguilla | Bangladesh | Barbados |
| Benin | Bolivia | Botswana |
| British Indian Ocean Territory | Brunei | Burkina Faso |
| Burundi | Cambodia | Cameroun |
| Cape Verde | Caribbean Netherlands | Cayman Islands |
| Central African Republic | Chad | Christmas Island |
| Cocos (Keeling) Island | Comoros | Congo |
| Congo (Democratic republic of) | Crimea | Cuba |
| Djibouti | Dominica | Equatorial Guinea |
| Eritrea | Ethiopia | Federal Republic of Somalia |
| Fiji | French Southern Territories | Gabon |
| Gambia | Ghana | Guam |
| Guinea | Guinea Bissau | Guyana |
| Haiti | Heard & Mcdonalds Islands | Honduras |
| Iran | Iraq | Ivory Coast |
| Jamaica | Kiribati | Kosovo |
| Kyrgyzstan | Laos | Lebanon |
| Lesotho | Liberia | Libya |
| Madagascar | Malawi | Maldives |
| Mali | Mauritania | Mauritius |
| Micronesia | Mongolia | Montserrat |
| Mozambique | Myanmar | Namibia |
| Nauru | New Caledonia | Nicaragua |
| Niger | Nigeria | Niue |
| Norfolk Island | North Korea (Republic of) | Northern Mariana Islands |
| Pakistan | Palau | Palestinian Territory, occupied |
| Panama | Papua New Guinea | Pitcairn |
| Rwanda | S. Georgia & S. Sandwich Isl | Saint Barthelemy |
| Samoa | Sao Tome and Principe | Senegal |
| Sierra Leone | South Sudan | Sri Lanka |
| St Pierre et Miquelon | St. Helena | Sudan |
| Svalbard and Jan Mayen | Swaziland | Syria |
| Tajikistan | Tanzania | Timor-Leste |
| Togo | Tokelau island | Tonga |
| Trinidad and Tobago | Turkmenistan | Turks & Caicos Islands |
| Tuvalu | Uganda | Us Minor Outlying Islands |
| Us Virgin Islands | Vanuatu | Vatican City State |
| Venezuela | Wallis and Futuna | Western Sahara |
| Yemen | Zambia | Zimbabwe |
Note on United States of America
Monvenience does not treat United States of America as prohibited country, however only transactions to and from United States are allowed. Private and corporate customers from United States are not allowed to open account with Monvenience. In addition, corporate customers having United States residents or citizens as beneficial owners, directors or representatives are also not allowed to open account with Monvenience.
Prohibited (High Risk) 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; |
| 11. Production or activities involving harmful or exploitative forms of forced labour/harmful child labour; | 12. Production or trade in ozone depleting substances subject to international phase out; |
| 13. Production or trade in wood or other forestry products from unmanaged forests; | 14. Money exchange dealers; |
| 15. Any business relating to pornography or prostitution; | 16. Quarries, mining, or processing of metal ores or coal; |
| 17. Giving or receiving gifts that could be interpreted as intending to influence business decisions; | 18. Abusing confidential or material, non-public information; |
| 19. Trading of Animal Fur, Bones and Ivory; | 20. Diamond trading without Kimberley Certification; |
| 21. Indecent and Obscene material including child pornography; | 22. Cultural objects like sculptures, statues, antiques, collectors’ items, archaeological pieces especially from Republic of Iraq; |
| 23. Trading of Fireworks, explosives and Nuclear Weapons; | 24. Drug trafficking including chemicals used to manufacture synthetic drug or drugs; |
| 25. Trading in Derivatives/Options/Hedging; | 26. Donations/Charities; |
| 27. Non-licensed Offline Gambling/Betting/Casino/Horse Racing/Bingo/Sports Betting; | 28. Non-licensed Online Casino/Online Poker/Online Gambling/Online Betting/Prize Draws/Gift Cards/Any form of Lottery/Scratch cards; |
| 29. Bearer shares and bonds; | 30. Jewel, Gem, Precious metal dealers; |
| 31. Cash Pooling Structure; | 32. Non-licensed Forex/Binary Options. |
This Prohibited countries and activities is an integral part of the Monvenience Policy on Prevention of Money Laundering and Terrorist Financing.
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