Policies

Restricted Jurisdictions

Last updated: 13 May 2026.

This page lists the jurisdictions to which Next Solutions Corp does not provide the Exchange Services. It is referenced from section 4.1 of the Terms and Conditions and forms part of those Terms.

The list reflects, among other things:
- jurisdictions subject to Canadian sanctions under the United Nations Act, the Special Economic Measures Act and the Justice for Victims of Corrupt Foreign Officials Act;
- jurisdictions identified by the Financial Action Task Force (FATF) as high-risk and subject to a call for action;
- regulated markets in which Next Solutions Corp is not authorised to operate; and
- jurisdictions which we have placed outside our risk appetite.

The list is updated to reflect changes in Canadian sanctions law, in FATF guidance, and in our risk appetite. We retain an audited version history; if you need the version applicable to a specific Order, write to compliance@nextsolutionscorp.com.

The Exchange Services are not available to a person who is located in, ordinarily resident in or a citizen of any of the jurisdictions on this list.

A. Jurisdictions subject to Canadian sanctions and FATF high-risk listing

- Afghanistan
- Belarus
- Central African Republic
- Cuba
- Democratic People's Republic of Korea (North Korea)
- Democratic Republic of the Congo
- Eritrea
- Haiti
- Iran
- Iraq
- Lebanon (high-risk; specific restrictions apply)
- Libya
- Mali
- Myanmar (Burma)
- Nicaragua
- Russian Federation
- Somalia
- South Sudan
- Sudan
- Syria
- Venezuela
- Yemen
- Zimbabwe

The Crimea, Donetsk and Luhansk regions of Ukraine are treated as sanctioned territories within Ukraine.

This section is updated when the underlying sanctions or FATF position changes. Inclusion does not represent a judgement on the country, its government or its people; it reflects the legal and risk position of Next Solutions Corp as a Canadian Money Services Business.

B. Regulated markets in which we are not authorised

- The United States of America, including its territories, commonwealths and possessions.
- The United Kingdom.
- The member states of the European Economic Area, subject to the limited reverse-solicitation exception described in section 4.2 of the Terms and in the Reverse Solicitation Notice.

C. Other jurisdictions outside our risk appetite

We may, from time to time, add jurisdictions to this list based on our own risk assessment. The current additions are: (none).

D. Other prohibited use

Regardless of where you are located, you may not use the Exchange Services where the laws of your country, or any law that applies to you, prohibits you from doing so. You are responsible for knowing the law that applies to you.

Questions about this list? Write to compliance@nextsolutionscorp.com.