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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

  • Sanctioned Countries — Subject to US/EU/UN sanctions
  • Embargoed Regions — Trade embargoes in effect
  • Unlicensed Jurisdictions — MLM/direct sales license required but not held
  • High-Risk Jurisdictions — Enhanced 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):

  • FATF Blacklist — Subject to countermeasures
  • FATF Grey List — Enhanced monitoring

Lists updated periodically. Check current FATF publications.

Jurisdictions Requiring Special Approval

  • Certain African nations — Banking/payment limitations (Case-by-case)
  • Certain Asian nations — Regulatory requirements (Case-by-case)
  • Certain Middle East nations — Sanctions/regulatory (Case-by-case)

What "Restricted" Means

Prohibited Activities in Restricted Territories

  • Enrolling new IAs — Prohibited
  • Enrolling new customers — Prohibited
  • Accepting deposits — Prohibited
  • Processing withdrawals — Prohibited
  • Marketing activities — Prohibited
  • Recruiting efforts — Prohibited
  • Conducting meetings — Prohibited

Even if Person is NOT a Resident

  • US citizen temporarily in sanctioned country — Prohibited while there
  • Person traveling through restricted territory — Prohibited while there
  • VPN use to appear elsewhere — Still prohibited (and detectable)

How Restrictions Are Enforced

At Registration

  • IP geolocation — Block restricted locations
  • Address verification — Reject restricted addresses
  • ID document country — Flag restricted documents
  • Phone number country code — Flag restricted numbers

Ongoing Monitoring

  • Login locations — Monitor for restricted access
  • Transaction patterns — Flag suspicious activity
  • KYC updates — Verify continued eligibility

Consequences of Violation

  • Attempted access from restricted territory — Account suspension
  • Recruiting from restricted territory — Termination
  • Falsifying location — Termination + legal referral
  • Conducting transactions with sanctioned persons — Termination + 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


Travel to Restricted Territories

If You Travel to a Restricted Area

Do:

  • Inform company if extended stay
  • Avoid business activities
  • Wait until you leave

Don't:

  • Access Back Office from there
  • Recruit or sell
  • Process transactions

Business Trips

  • Layover/transit — Brief transit generally OK
  • Attending conference — Check specific country status
  • Extended stay — Notify compliance

Changes to Restrictions

Lists Are Dynamic

  • New sanctions — Countries may be added
  • Sanctions lifted — Countries may be removed
  • FATF updates — Risk levels may change
  • License obtained — Jurisdictions may open

Staying Updated

  • Company announcements — As changes occur
  • Back Office notices — Regular updates
  • Compliance communications — As 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:

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

  • 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: