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Status: Unreviewed

Restricted Territories

Countries and regions where Corsair Connect operations are prohibited or restricted.

Reference: P&P Section 2.2

Overview

Corsair Connect IAs are prohibited from operating in, recruiting from, or conducting business with individuals located in restricted territories. Violations may result in immediate termination and potential legal liability.

Categories of Restrictions

CategoryDescription
Sanctioned CountriesSubject to US/EU/UN sanctions
Embargoed RegionsTrade embargoes in effect
Unlicensed JurisdictionsMLM/direct sales license required but not held
High-Risk JurisdictionsEnhanced due diligence required

Sanctioned Countries (Prohibited)

Operations are strictly prohibited in countries subject to comprehensive sanctions.

US OFAC Sanctioned Countries

Country/RegionStatus
North Korea (DPRK)Fully prohibited
IranFully prohibited
SyriaFully prohibited
CubaFully prohibited
Crimea Region (Ukraine)Fully prohibited
Donetsk People's RepublicFully prohibited
Luhansk People's RepublicFully prohibited

EU Sanctioned Territories

Country/RegionStatus
RussiaRestricted (subject to specific sanctions)
BelarusRestricted (subject to specific sanctions)
Myanmar/BurmaRestricted
VenezuelaCertain individuals/entities

UN Sanctioned

CountryStatus
North KoreaProhibited
Countries with UN arms embargoesCase-by-case review

High-Risk Jurisdictions

Enhanced due diligence required. Operations may be restricted.

AML High-Risk Countries

Countries identified by FATF (Financial Action Task Force):

CategoryExamples
FATF BlacklistSubject to countermeasures
FATF Grey ListEnhanced monitoring

Lists updated periodically. Check current FATF publications.

Jurisdictions Requiring Special Approval

RegionReasonStatus
Certain African nationsBanking/payment limitationsCase-by-case
Certain Asian nationsRegulatory requirementsCase-by-case
Certain Middle East nationsSanctions/regulatoryCase-by-case

What "Restricted" Means

Prohibited Activities in Restricted Territories

ActivityStatus
Enrolling new IAsProhibited
Enrolling new customersProhibited
Accepting depositsProhibited
Processing withdrawalsProhibited
Marketing activitiesProhibited
Recruiting effortsProhibited
Conducting meetingsProhibited

Even if Person is NOT a Resident

SituationStatus
US citizen temporarily in sanctioned countryProhibited while there
Person traveling through restricted territoryProhibited while there
VPN use to appear elsewhereStill prohibited (and detectable)

How Restrictions Are Enforced

At Registration

CheckAction
IP geolocationBlock restricted locations
Address verificationReject restricted addresses
ID document countryFlag restricted documents
Phone number country codeFlag restricted numbers

Ongoing Monitoring

CheckAction
Login locationsMonitor for restricted access
Transaction patternsFlag suspicious activity
KYC updatesVerify continued eligibility

Consequences of Violation

ViolationConsequence
Attempted access from restricted territoryAccount suspension
Recruiting from restricted territoryTermination
Falsifying locationTermination + legal referral
Conducting transactions with sanctioned personsTermination + legal referral

Checking Territory Status

Before Recruiting Someone

Ask yourself:

  1. Where does this person physically reside?
  2. Is that country/region on restricted lists?
  3. Does that jurisdiction require MLM licensing?
  4. Can payments be processed to/from there?

If Unsure

ActionContact
Ask compliancecompliance@corsairconnect.com
Wait for confirmationBefore proceeding
Document the inquiryFor your records

Travel to Restricted Territories

If You Travel to a Restricted Area

DoDon't
Inform company if extended stayAccess Back Office from there
Avoid business activitiesRecruit or sell
Wait until you leaveProcess transactions

Business Trips

SituationGuidance
Layover/transitBrief transit generally OK
Attending conferenceCheck specific country status
Extended stayNotify compliance

Changes to Restrictions

Lists Are Dynamic

FactorImpact
New sanctionsCountries may be added
Sanctions liftedCountries may be removed
FATF updatesRisk levels may change
License obtainedJurisdictions may open

Staying Updated

SourceFrequency
Company announcementsAs changes occur
Back Office noticesRegular updates
Compliance communicationsAs needed

Specific Regional Notes

Europe

RegionStatus
EU member statesGenerally permitted
UKPermitted
SwitzerlandPermitted
RussiaRestricted
BelarusRestricted

North America

RegionStatus
United StatesPermitted (most states)
CanadaPermitted
MexicoPermitted

Asia-Pacific

RegionStatus
AustraliaPermitted
New ZealandPermitted
JapanPermitted
South KoreaPermitted
China (PRC)Restricted (regulatory)
North KoreaProhibited

Middle East

RegionStatus
UAEPermitted
IsraelPermitted
IranProhibited
SyriaProhibited

Africa

RegionStatus
South AfricaPermitted
Other nationsCase-by-case

Reporting Suspected Violations

If you become aware of IA activity in restricted territories:

StepAction
1Document what you observed
2Report to compliance@corsairconnect.com
3Do not engage or confront
4Let company investigate

Notice
This list is for guidance only and may not be complete
Sanctions regimes change frequently
IAs are responsible for knowing applicable laws
Company is not providing legal advice
Consult legal counsel if unsure

Contact

Territory status questions: