Which countries are restricted?

Countries or jurisdictions with serious strategic deficiencies to counter money laundering, terrorist financing, and financing of proliferation are considered High – Risk.

Hive5 follows the official EU organization’s list and has the right to supplement countries to the list at its discretion. Please find the list following: Albania, Barbados, Burkina Faso, Cambodia, Cayman Islands, Haiti, Jamaica, Jordan, Mali, Morocco, Myanmar, Nicaragua, Pakistan, Panama, Philippines, Senegal, South Sudan, Syria, Turkey, Uganda, United Arab Emirates, Yemen, Zimbabwe, Democratic People’s Republic of Korea, Iran, Saudi Arabia, Russia, Belarus.

Hive5 does not accept investors who are citizens of countries included in the European Commission’s High-Risk Third Countries list.

The current restricted countries are:

Afghanistan
Algeria
Angola
Bolivia
British Virgin Islands
Cameroon
Côte d’Ivoire
Democratic People’s Republic of Korea (DPRK)
Democratic Republic of the Congo
Haiti
Iran
Kenya
Laos
Lebanon
Monaco
Myanmar
Namibia
Nepal
Russian Federation
South Sudan
Syria
Trinidad and Tobago
Vanuatu
Venezuela
Vietnam
Yemen

Bank and payment account availability

Due to country-specific regulatory requirements, Hive5 currently does not support bank or payment accounts opened with institutions or branches registered in:

Lithuania
Latvia
Poland

These restrictions may change if the applicable legal, regulatory, compliance or country-risk requirements change.

Which countries are restricted?

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