RED FLAG COUNTRIES
Effective 04-08-2025
This list has been constructed by the Compliance Department. 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 these lists as it sees fit.
AMP shall not open accounts for clients or entities that are located in the following countries until further notice (High Risk):
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Afghanistan Albania Algeria Angola Antigua and Barbuda Anguilla Azerbaijan Bangladesh Belize Belarus Benin Botswana Burkina Faso Burundi Cambodia Cameroon Cape Verde Central African Republic Congo Chad Democratic Republic of Congo Côte d'Ivoire (Ivory Coast) Cuba Equatorial Guinea Eritrea Eswatini (Swaziland) Ethiopia Fiji Gabon Gambia Gaza Strip Ghana Guinea Guinea-Bissau Haiti Iran Iraq Jordan Kenya North Korea (Democratic People’s Republic) Kosovo Lao Peoples Democratic Republic Lesotho Liberia Libya
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Madagascar Malawi Mali Malta Marshall Islands Mauritania Morocco Mozambique Myanmar (Burma) Namibia Nicaragua Nigeria Palau Palestinian Territory Panama Pakistan Russian Federation Rwanda Sao Tome and Principe Samoa Senegal Seychelles Sierra Leone Somalia South Sudan South Africa (Republic of) Sri Lanka Sudan Syria Tajikistan Tanzania Togo Trinidad and Tobago Tunisia Turks and Caicos Islands Uganda Ukraine Vanuatu Vietnam West Bank Western Sahara Yemen Zimbabwe |
Only 3 provinces in Canada are allowed: Alberta, Ontario and Quebec. Additionally, British Columbia accounts may be allowed at the discretion of a senior manager.
Compliance may decline or close accounts for other reasons unrelated to the geographic location of the applicant or client.
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