Prohibited Countries, Jurisdictions, Territories, Regions, and Listed individuals Guidance

Kapcharge prohibits engagement with certain Countries, Jurisdictions, Territories, Regions, and Listed individuals that are, but not limited to:

• subject to Canadian or other national sanctions, embargoes, or similar measures, including the Special Economic Measures Act or measures prescribed under the USA Patriot Act.
• subject to United Nations Security Council (UNSC) sanctions (in Canada, UNSC sanctions are applied by regulations issued under the United Nations Act);
• identified by credible sources as providing funding or support for terrorist activities or the proliferation of weapons of mass destruction.
• identified by credible sources as having significant levels of Corruption, Human Trafficking, Slavery, or other criminal activity.
• identified as higher risk by Kapcharge Card Payment Network Providers (e.g., Interac, Visa, Mastercard)
• are not members of the Financial Action Task Force (FATF) and are subject to monitoring by FATF or otherwise identified by FATF as lacking appropriate AML/ATF regulatory requirements.

Countries, jurisdictions, Territories, Regions, and Listed Individuals outlined below are prohibited by Kapcharge.

COUNTRIES, JURISDICTIONS, TERRITORIES & REGIONS

• Democratic People’s Republic of Korea (DPRK)
• Iran
• Crimea Region and other occupied regions of Ukraine, including Donetsk, Luhansk, Kherson and Zaporizhzhia
• Russia
• Myanmar
• Darfur region of Sudan

SPECIALLY DESIGNATED NATIONALS (SDNS)

Designated nationals (DNs) are individuals and entities that have been identified by the U.S. Treasury's Office of Foreign Assets Control (OFAC) as being owned, controlled or related to Individuals subject to sanctions or prohibitions. The assets of DNs are frozen and may be seized by the government. American citizens and businesses are generally prohibited from conducting transactions with DNs. It is the responsibility of companies to identify these individuals and entities through their due diligence processes and watchlist screening controls.

TERRORIST ENTITIES, INCLUDING THE TALIBAN, ISIL (DA’ESH) AND AL-QAIDA

Canada has implemented mechanisms to prevent the concealment and transfer of funds or assets to finance terrorism. These allow specified measures to be applied to listed terrorist entities. It is the responsibility of companies to identify these individuals and entities through their due diligence processes and watchlist screening.

Prohibited High-Risk Countries, Jurisdictions, Territories & Regions

Kapcharge designates certain Countries, Jurisdictions, Territories, and Regions as prohibited, as they are deemed to be High-Risk. Kapcharge also prohibits transactions in the high-risk jurisdictions listed below, our Merchants are expected to establish appropriate controls and procedures to ensure they adhere to this restriction.