MONTOWIRE MSB LTD — High-Risk Jurisdictions and Activities
The following jurisdictions and business activities are classified as high-risk and may be subject to enhanced due diligence, additional compliance checks, and management approval.
High-Risk Business Activities
- OTC investment activityCFD / Forex
- Scholarship programs (non-institution beneficiaries)
- Citizenship-by-investment / residence-by-investment
- Virtual assets / cryptocurrency activities
- ICO / STO / collective investments
- Gambling & gaming (including online)
- Customers involved in private banking
- Downstream corporate banking / nested flow
- Marketplaces
- Affiliate / lead generation
- Crowdfunding
- Online education
- Alcohol
- Tobacco, vaping, smoking supplies, e-cigarettes, e-liquids, vaping accessories
- Precious metals, stones & jewelry trading
- Used cars & auto parts dealers
- Labor brokers / outstaffing / payroll services
- Auctions & bidding-fee auctions
- Litigation finance
- Online dating
- Food supplements
- Travel agencies, online travel bookings, travel facilitators
- Land-based casino
- Charities
- Art dealers and galleries, antiques and other valuable commodities
- Platforms for trading NFTs, electronic comics, books, pin-up art and other collectibles
- Real estate regulated agents
- Consumer financing or leasing entities / mortgage and mortgage brokers
- Insurance business / life insurance / title insurers
- Business financing or leasing entities / factors
- British Columbia notaries / private notaries / lawyers
- Securities dealers / investment companies
- Banks & credit institutions / credit unions / trust companies
- Accountants & auditors
- Corporate service providers / trust & company service providers
High-Risk Jurisdictions
Albania, Argentina, Armenia, Azerbaijan, Bahrain, Bangladesh, Belize, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Cabo Verde, Cambodia, Chile, China, Colombia, Comoros, Cook Islands, Costa Rica, Croatia, Curacao, Dominican Republic, Dominica, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, French Guiana, Gabon, Georgia, Ghana, Gibraltar, Grenada, Guadeloupe, Guernsey, Guyana, Honduras, Hong Kong, India, Indonesia, Isle of Man, Jamaica, Jersey, Jordan, Kazakhstan, Kenya, Kiribati, Kosovo, Kuwait, Kyrgyzstan, Lesotho, Liberia, North Macedonia, Macau, Madagascar, Malawi, Malaysia, Maldives, Marshall Islands, Martinique, Mauritania, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, New Caledonia, Nigeria, Niue, Oman, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn Island, Qatar, Reunion, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Pierre-et-Miquelon, Saint Vincent and the Grenadines, Samoa, Saudi Arabia, Serbia, Seychelles, Solomon Islands, South Africa, Sri Lanka, Tajikistan, Tanzania, Thailand, Tokelau, Tonga, Tunisia, Turkey, Tuvalu, United Arab Emirates, Uruguay, Uzbekistan, Vanuatu, Virgin Islands (British), Wallis and Futuna.