Schuman Financial maintains a list of prohibited countries and territories in accordance with its internal compliance policies, risk management framework, and applicable regulatory requirements.

Individuals and entities located, incorporated, established, or resident in any of the jurisdictions listed below are not eligible to onboard or access Schuman Financial’s services. This list is subject to periodic review and may be updated as regulatory requirements and risk assessments evolve.

RESTRICTED / PROHIBITED COUNTRIES & TERRITORIES

• BELARUS
• CUBA
• DEMOCRATIC PEOPLE’S REPUBLIC OF KOREA (North Korea)
• ISLAMIC REPUBLIC OF IRAN (Iran)
• MYANMAR (Burma)
• RUSSIAN FEDERATION
• UKRAINE OCCUPIED REGIONS (Crimea & Sevastopol, Donetsk Oblast, Luhansk Oblast, Zaporizhzhia Oblast, Kherson Oblast)

Dynamic Nature of the List: The above list is subject to regular updates as new information becomes available or as jurisdictions address deficiencies.

Source of Information: The classification is based on publicly available data from FATF, EU, UN, OFAC, Transparency International, and other reliable bodies.

Use of the List: This list is for informational purposes only. It is intended to guide our compliance, risk management, and due diligence processes.

No Liability: While every effort is made to ensure accuracy, Schuman Financial is not liable for decisions made based on the information provided. Stakeholders are encouraged to consult primary regulatory sources for the latest updates.

For questions or additional clarification, please contact our Compliance Team at compliance@schuman.io