Raccoon Capital does not engage in the following industries and businesses, and does not accept customers,
partners and third parties associated with:

​

(1) Groups, legal entities, bodies, and similar covered by the UN resolutions and Community
acts on financial sanctions (appearing on terrorist lists)
(2) Groups, legal entities, bodies, and similar which have been sanctioned for major offences
(have entailed fines or imprisonment), irrespective of the date (limitation periods), no matter the
jurisdiction
(3) Businesses domiciled in jurisdictions designated as non-cooperative by the FATF
(4) Entities not holding appropriate licenses under applicable laws in countries or territories
where they are established or providing services
(5) Shell companies (based in countries without physical presence involving meaningful
decision-making and management)
(6) Shell banks (based in countries without physical presence involving meaningful decision-
making and management, and which are not officially connected to a regulated financial group)
(7) Businesses involving weapons, ammunition, and defense equipment
(8) Businesses involved in issuing, buying or selling of virtual currencies
(9) Dealers in precious metals and stones
(10) Counterfeit goods
(11) Business units performing private-to-private (P2P) money remittance
(12) Drugs, child pornography and other commercial exploitation, escort services, sale and/or
advertising of sexual services, and similar
(13) Bidding Fee Auctions (penny auctions)
(14) Gambling
(15) Gaming
(16) Importers of second-hand vehicles, or vehicle parts
(17) Holding companies of private individuals
(18) Investment companies
(19) FX speculation activities
(20) Bearer share corporations
(21) Non-profits and charities (if unregistered and/or have negative reputation and/or the public
image casts doubts in terms of their activities)
(22) Wildlife trade
(23) Flows not related to commercial transactions