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When you register a Blockpass service, you can configure geoblocking on your service. This means you can restrict certain countries which are considered high risk based on AML or terrorist financing or for 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 with your lawyer which countries you should exclude. 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 diplomatic decisions taken by European Union 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

 

Guinea

Guinea-Bissau

 

H

Haiti

   

Iran

Iraq

 

L

Lebanon

Libya

 

Mali

Moldova

Montenegro

 

Myanmar 

   

N

Nicaragua

   

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

Bosnia & Herzegovina

Balkan

 

Burma

   

C

Central African Republic

China

Cuba 

Democratic People's Republic of Korea 

Democratic Republic of the Congo

 

E

Ethiopia

   

H

Hong Kong 

   

Iran

Iraq

 

Kosovo 

   

L

Lebanon

Libya

 

Mali

Myanmar 

Montenegro

 

Macedonia

   

N

Nicaragua

   

Oman 

   

Russia

   

Serbia

Somalia 

South Sudan

 

Sudan

Syria

 

U

Ukraine

   

V

Venezuela

   

Z

Zimbabwe

   

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

 

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:

Albania

   

Barbados 

Burkina Faso

 

C

Cambodia

Cayman Islands

 

D

Democratic Republic of Congo

   

Gibraltar

   

H

Haiti

   

Jamaica

Jordan 

 

Mali 

Morocco

Myanmar (Burma)

Nicaragua

 

 

 

Mozambique 

   

Philippines

Panama

 

Senegal

Sudan

South Sudan 

 

Syria 

   

Turkey

 

 

Uganda 

United Arab Emirates 

 

Y

Yemen



 

Barbados, Burkina Faso, Cambodia, Cayman Islands, Gibraltar, Jamaica, Jordan, Morocco, Pakistan, Panama, Philippines, Senegal, Uganda, United Arab Emirates do not appear on any sanctions lists but only the FATF Grey list, so Blockpass recommends applying Enhanced Due Diligence measures on them.

  • 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 

Myanmar (Burma)

 

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