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Jurisdiction Risk Rating

TheZ8 Ltd. — Legal & Compliance

Last updated: March 2026.  Review cycle: Quarterly.  Legal basis: PCMLTFA · SEMA · RPAA · UN Act

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Important: Businesses and individuals from Prohibited Jurisdictions are not permitted to use Z8 services. No exceptions apply regardless of licensing status or purpose. Use of Z8 services through intermediaries to circumvent this restriction constitutes a material breach of the Z8 Terms & Conditions.

 

Note: This list varies depending on the underlying correspondent bank and individual use-case. Certain fees and services are not guaranteed simply because a client falls in one category; service availability is always subject to individual review. 

Prohibited / Banned Jurisdictions

  • ​Afghanistan

  • Angola

  • Belarus

  • Burkina Faso

  • Burundi

  • Cambodia

  • Central African Republic

  • China (PRC)

  • Cuba

  • Democratic People’s Republic of Korea (DPRK)

  • Democratic Republic of the Congo

  • Eritrea

  • Eswatini

  • Ethiopia

  • Gabon

  • Haiti

  • Iran

  • Iraq

  • Laos

  • Lebanon

  • Libya

  • Mali

  • Mongolia

  • Mozambique

  • Myanmar (Burma)

  • Nicaragua

  • Niger

  • Nigeria

  • Pakistan

  • Palestinian Territories

  • Russia

  • Sierra Leone

  • Somalia

  • South Sudan

  • Sudan

  • Syria

  • Tanzania

  • Uganda

  • Ukraine - temporarily occupied territories*, including:

- Crimea region of Ukraine (Autonomous Republic of Crimea and the City of Sevastopol)

- Occupied areas of Donetsk Oblast

- Occupied areas of Luhansk Oblast

- Occupied areas of Kherson Oblast

- Occupied areas of Zaporizhzhia Oblast

- Any other territories of Ukraine temporarily occupied by the Russian Federation

  • Venezuela

  • Yemen

  • Zimbabwe

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*For the purposes of this policy, temporarily occupied territories of Ukraine are determined in accordance with applicable Canadian sanctions legislation and other applicable sanctions requirements, as amended from time to time.

High-Risk Jurisdictions

  • Albania

  • Algeria

  • American Samoa

  • Anguilla

  • Antigua and Barbuda

  • Argentina

  • Armenia

  • Aruba

  • Ascension and Tristan da Cunha

  • Azerbaijan

  • Bahamas

  • Bahrain

  • Bangladesh

  • Barbados

  • Belize

  • Benin

  • Bermuda

  • Bhutan

  • Bolivia

  • Bonaire

  • Bosnia and Herzegovina

  • Botswana

  • Brazil

  • British Indian Ocean Territory

  • British Virgin Islands

  • Brunei

  • Bulgaria

  • Cameroon

  • Cape Verde

  • Cayman Islands

  • Chad

  • Colombia

  • Comoros

  • Cook Islands

  • Costa Rica

  • Curaçao

  • Cyprus

  • Djibouti

  • Dominica

  • Dominican Republic

  • Ecuador

  • Egypt

  • El Salvador

  • Equatorial Guinea

  • Gambia

  • Georgia

  • Ghana

  • Gibraltar

  • Grenada

  • Guam

  • Guatemala

  • Guernsey

  • Guinea

  • Guinea-Bissau

  • Guyana

  • Honduras

  • India

  • Indonesia

  • Isle of Man

  • Ivory Coast

  • Jamaica

  • Jersey

  • Jordan

  • Kazakhstan

  • Kenya

  • Kiribati

  • Kosovo

  • Kuwait

  • Kyrgyzstan

  • Lesotho

  • Liberia

  • Macau SAR

  • Madagascar

  • Malawi

  • Maldives

  • Malta

  • Marshall Islands

  • Mauritania

  • Mauritius

  • Mexico

  • Micronesia

  • Moldova

  • Monaco

  • Montenegro

  • Montserrat

  • Morocco

  • Namibia

  • Nauru

  • Nepal

  • Niue

  • North Macedonia

  • Oman

  • Palau

  • Panama

  • Papua New Guinea

  • Paraguay

  • Peru

  • Philippines

  • Pitcairn Islands

  • Puerto Rico

  • Qatar

  • Republic of the Congo

  • Rwanda

  • Saint Helena

  • Saint Kitts and Nevis

  • Saint Lucia

  • Saint Vincent and the Grenadines

  • Samoa

  • São Tomé and Príncipe

  • Saudi Arabia

  • Senegal

  • Serbia

  • Seychelles

  • Sint Maarten

  • Solomon Islands

  • South Africa

  • South Georgia

  • Sri Lanka

  • Suriname

  • Tajikistan

  • Thailand

  • Timor-Leste

  • Togo

  • Tonga

  • Trinidad and Tobago

  • Tunisia

  • Turkey

  • Turkmenistan

  • Turks and Caicos Islands

  • Tuvalu

  • Ukraine

  • US Virgin Islands

  • Uzbekistan

  • Vanuatu

  • Vietnam

  • Western Sahara

  • Zambia

Low-Risk Jurisdictions

  • Andorra

  • Australia

  • Canada

  • Chile

  • EEA Member States (excl. Bulgaria and Cyprus): Austria, Belgium, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

  • Hong Kong SAR

  • Iceland

  • Israel

  • Japan

  • Liechtenstein

  • Malaysia

  • New Zealand

  • Norway

  • San Marino

  • Singapore

  • South Korea

  • Switzerland

  • Taiwan

  • United Arab Emirates

  • United Kingdom

  • United States of America (excl. Nevada for certain services)

  • Uruguay

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TheZ8 Ltd. · Last updated: March 2026 · Review cycle: Quarterly · https://www.thez8.com/jurisdiction-risk

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