RED FLAG COUNTRIES
Effective September 1, 2021
This list has been constructed based the Compliance Department has deemed the risk level of these countries to be too high. The FATF list, their recommendations, US sanctions as displayed on the US Treasury website, US State Department website, and various sources of news and opinions of numerous experts were taken into consideration by the Compliance Department in the making of this list.
The Compliance Department reserves the right to update, amend, or edit this list as it sees fit.
AMP shall NOT open accounts that are based in the following countries until further notice:
|
Afghanistan Albania Algeria Angola Anguilla Bangladesh Benin Botswana Burkina Faso Burundi Cambodia Cape Verde Cayman Islands Central Africa Congo Congo, Dem Rep Cuba Dominica Equatorial Guinea Eritrea Ethiopia Fiji Gabon Gambia Ghana Guinea Guinea-Bissau Haiti Iran Iraq Ivory Coast/Côte d'Ivoire Jamaica Kenya Korea Dem People's Rep (North) Kosovo Laos PDR Liberia
|
Libya Madagascar Malawi Mali Malta Mauritania Mongolia Morocco/Western Sahara Mozambique Myanmar Namibia Nicaragua Nigeria Pakistan Palau Palestinian Territory Panama Philippines Rwanda Sao Tome and Principe Senegal Seychelles Sierra Leone Somalia South Sudan Sri Lanka Sudan Swaziland/Eswatini Syria Tanzania Togo Trinidad and Tobago Uganda Vanuatu Yemen Zambia Zimbabwe |
AMP shall NOT open accounts from the following cities in Ukraine:
COMPLIANCE DEPARTMENT RESERVES THE RIGHT TO DECLINE ANY ACCOUNT APPLICATION FROM ANY OTHER JURISDICTION NOT MENTIONED IN THE ABOVE LIST BASED ON THE CIRCUMSTANCES OF THAT PARTICULAR APPLICATION
Comments
0 comments
Article is closed for comments.