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When you register a Blockpass service, you can configure geoblocking on your service. This means you can restrict certain countries that are considered high-risk based on AML, terrorist financing, or other reasons. Users who are residents of such restricted countries will not be able to submit a profile to your service.

Blockpass cannot advise which country you should exclude from your service. Therefore, please discuss which countries you should exclude with your lawyer. Deciding which countries to exclude might be dependent on where you are located (incorporated), where you are offering your services, and whether you are regulated or not.

Note: the countries below only pertain to sanctions restrictions. Your lawyer should be able to advise whether other countries should be excluded due to other regulatory requirements, for example, if crypto is considered a security or crypto is not permitted in that jurisdiction. 

 

EU sanctions list:

Reference: https://www.sanctionsmap.eu/#/main

EU sanctions lists are against countries, entities, or individuals. These sanctions are safety measures aimed at protecting the interests of national security, peace, and international law. It includes the following countries:

A

Afghanistan

   

B

Belarus

Bosnia & Herzegovina

Burundi

C

Central African Republic

China

 

Democratic People's Republic of Korea 

Democratic Republic of the Congo

 

Guatemala

Guinea

Guinea-Bissau

H

Haiti

   

Iran

Iraq

 

L

Lebanon

Libya

 

Mali

Moldova

Montenegro

 

Myanmar 

   

N

Nicaragua

Niger  

Russia

   

Serbia

Somalia 

South Sudan

 

Sudan

Syria

 

Tunisia

Turkey  

U

Ukraine

United States

 

V

Venezuela

   

Y

Yemen

   

Z

Zimbabwe

   

 

OFAC (US) sanctions list 

Reference: https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information

OFAC manages economic and commercial sanctions based on U.S. foreign policy and national security objectives and implements the necessary procedures. It also takes measures against the proliferation of weapons of mass destruction and other threats to the U.S.'s national security, foreign policy, or economy. It includes the following countries:

A

Afghanistan

   

B

Belarus

Burma

(*)Western Balkan

C

Central African Republic

China

Cuba 

Democratic Republic of the Congo

Democratic People's Republic of Korea 

 

E

Ethiopia

   

H

Hong Kong 

   

Iran

Iraq

 

L

Lebanon

Libya

 

Magnitsky

Mali  

N

Nicaragua

   

Russia

   

Syria

Somalia 

South Sudan

 

Sudan

 

 

U

Ukraine

   

V

Venezuela

   

Y

Yemen    

Z

Zimbabwe

   

(*) Western Balkan includes 4 countries that are Bosnia and Herzegovina, Kosovo, North Macedonia, and Serbia. 

 

UK sanctions list:

Reference: https://www.gov.uk/government/collections/financial-sanctions-regime-specific-consolidated-lists-and-releases

UK sanctions list lists entities and individuals subjected to certain financial restrictions as part of the United Kingdom's government's domestic counter-terrorism regime policy. Also, it includes individuals prohibited by the European Union and the United Nations:

A

Afghanistan

   

B

Belarus

Bosnia & Herzegovina

Burundi

C

Central African Republic

   

Democratic People's Republic of Korea 

Democratic Republic of the Congo

 

Guinea

Guinea-Bissau

 

H

Haiti

 

 

Iran

Iraq

 

L

Lebanon

Libya

 

Mali

Myanmar 

 

N

Nicaragua

   

Russia

   

Syria

Somalia 

South Sudan

 

Sudan

   

V

Venezuela

   

Y

Yemen

   

Z

Zimbabwe

   

 

UN sanctions list 

Reference:

https://www.mfat.govt.nz/en/peace-rights-and-security/un-sanctions/

https://www.mas.gov.sg/regulation/anti-money-laundering/targeted-financial-sanctions/lists-of-designated-individuals-and-entities

UN sanctions lists are diplomatic decisions enforced by the United Nations member states against states, entities, or individuals. These sanctions are measures of safety to preserve national safety interests, peace, and international law. it includes: 

C

Central African Republic

   

Democratic People's Republic of Korea 

Democratic Republic of the Congo

 

E  

Eritrea

   

Guinea-Bissau

   

Iran 

Iraq 

 

Lebanon 

Libya

 

Mali 

   

Somalia

Sudan

South Sudan 

 

Syria 

   

Y

Yemen

   

 

FATF Grey List and Blacklist

  • FATF Grey List

Reference: https://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/increased-monitoring-june-2022.html

For all countries identified as grey list, the FATF calls on all members and urges all jurisdictions to apply Enhanced Due Diligence, and in the most serious cases, countries are called upon to apply counter-measures to protect the international financial system from the ongoing money laundering, terrorist financing, and proliferation financing (ML/TF/PF) risks emanating from the country. It includes the following countries:

A

Albania

 

 

Barbados 

Burkina Faso

 

C

Cayman Islands

Cambodia

 

Gibraltar

   

H

Haiti

   

Jamaica

Jordan

 

Mali 

Myanmar

Morocco

Nicaragua

 

 

Philippines

Pakistan

Panama

Senegal

South Sudan

Syria 

 

South Africa

 

 

Turkey

 

 

Uganda 

United Arab Emirates 

 

Y

Yemen



 

 

  • FATF Blacklist

Reference: http://www.fatf-gafi.org/publications/high-risk-and-other-monitored-jurisdictions/documents/call-for-action-february-2020.html

The FATF Blacklist includes the following countries:

D

Democratic People's Republic of Korea

Iran 

 

Basel AML Index

*0 = low risk to 10 = high risk

 

RANK  JURISDICTION  OVERALL SCORE 
1 Haiti 8.25
2 Chad 8.14
3 Myanmar 8.13
4 The Democratic Republic Of The Congo 8.10
5 Republic Of Congo 7.91
6 Mozambique 7.88
7 Gabon 7.73
8 Guinea-Bissau 7.69
9 Venezuela 7.63
10 Laos 7.44
11 Madagascar 7.43
12 Algeria 7.22
13 Liberia 7.17
14 Sierra Leone 7.09
15 Mali 7.06
16 Suriname 7.06
17 Angola 7.03
18 Eswatini 6.97
19 Vietnam 6.96
20 Kenya 6.95
21 Togo 6.95
22 Cote D'ivoire 6.87
23 Solomon Islands 6.86
24 Uganda 6.83
25 Turkmenistan 6.80
26 Cambodia 6.78
27 China 6.77
28 Cameroon 6.75
29 Nigeria 6.72
30 Senegal 6.67
31 Niger 6.64
32 Benin 6.62
33 Mauritania 6.62
34 Burkina Faso 6.48
35 Tonga 6.43
36 Nicaragua 6.42
37 Tanzania 6.27
38 Saint Kitts and Nevis 6.11
39 Cape Verde 6.05
40 Macao SAR, China 6.05
41 Kyrgyzstan 6.00
42 Tajikistan 5.91
43 Bhutan 5.89
44 South Africa 5.85
45 Thailand 5.82
46 Bangladesh 5.80
47 Panama 5.76
48 United Arab Emirates 5.74
49 Zambia 5.70
50 Palau 5.68
51 Gambia 5.66
52 Cuba 5.64
53 Philippines 5.64
54 Malawi 5.63
55 Honduras 5.60
56 Ethiopia 5.54
57 Türkiye 5.53
58 Zimbabwe 5.52
59 Bahamas 5.49
60 Vanuatu 5.45
61 Pakistan 5.44
62 Sri Lanka 5.42
63 Guatemala 5.38
64 Saudi Arabia 5.38
65 Belarus 5.33
66 Barbados 5.32
67 Ghana 5.29
68 Jamaica 5.29
69 Saint Lucia 5.25
70 Seychelles 5.23
71 Dominican Republic 5.21
72 Malaysia 5.21
73 Mexico 5.21
74 Qatar 5.19
75 Bulgaria 5.16
76 Uzbekistan 5.12
77 Namibia 5.09
78 Ukraine 5.08
79 Paraguay 5.07
80 Ecuador 5.06
81 Egypt 5.06
82 Indonesia 5.01
83 Mongolia 5.00
84 Grenada 4.97
85 Samoa 4.95
86 Hungary 4.94
87 Hong Kong SAR, China 4.93
88 Antigua and Barbuda 4.91
89 Jordan 4.90
90 Romania 4.90
91 Bahrain 4.82
92 Peru 4.81
93 Albania 4.75
94 Aruba 4.74
95 Colombia 4.74
96 Mauritius 4.74
97 Serbia 4.74
98 Armenia 4.72
99 Costa Rica 4.72
100 Kazakhstan 4.71
101 Fiji 4.70
102 Georgia 4.69
103 Morocco 4.69
104 Cyprus 4.67
105 Croatia 4.66
106 Japan 4.66
107 Malta 4.65
108 Moldova 4.59
109 Tunisia 4.59
110 Liechtenstein 4.58
111 Italy 4.56
112 Korea, South 4.56
113 Botswana 4.53
114 Trinidad and Tobago 4.51
115 Dominica 4.46
116 Poland 4.46
117 Brunei Darussalam 4.38
118 Singapore 4.30
119 United States 4.30
120 Germany 4.29
121 Canada 4.28
122 Macedonia 4.26
123 Slovakia 4.22
124 Netherlands 4.15
125 Belgium 4.13
126 Chile 4.13
127 Austria 4.10
128 Portugal 4.08
129 Uruguay 4.08
130 Switzerland 4.05
131 Ireland 4.01
132 Latvia 4.00
133 Taiwan 4.00
134 Spain 3.96
135 Czech Republic 3.82
136 Greece 3.70
137 Australia 3.69
138 Israel 3.67
139 Luxembourg 3.67
140 United Kingdom 3.66
141 France 3.58
142 Slovenia 3.57
143 San Marino 3.51
144 Lithuania 3.47
145 Norway 3.45
146 New Zealand 3.38
147 Denmark 3.36
148 Sweden 3.20
149 Andorra 3.09
150 Estonia 3.00
151 Finland 2.96
152 Iceland 2.87



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