List of Negative line of Business - The Entities providing the following services and/or engaged in the following line of businesses shall not be on-boarded by PPBL or shall forthwith be de-boarded by PPBL upon such facts coming to the knowledge or the attention of PPBL.
- Child & Animal Pornography
- Unlicensed Pharmaceutical Business or businesses selling non-approved chemicals
- Unlicensed Alcohol business
- Gambling, Casinos
- Crypto
- Business where Directors/BO are located in FATF high risk jurisdictions
- Arms & Ammunition industry (manufacturers, dealers & intermediaries)
- Firms related to Nuclear activity
- Firms dealing in sale/purchase of copyright material (unauthorized copies of books, music, movies, software and other licensed materials)
- Firms dealing with counterfeit and unauthorized goods which includes replicas or imitations of designer goods
- Firms dealing with sale/purchase of plant or animal products
- Unlicensed forex & international fund transfer business
