High-Risk Industry Categories - Godiligent API Documentation

Overview

During the Customer Due Diligence (CDD) process, businesses are classified into industry categories. Some industries are inherently higher risk for Anti-Money Laundering (AML) and financial crime compliance purposes. This guide provides a comprehensive overview of all high-risk categories identified by the Diligent platform.

Businesses classified under these categories require enhanced due diligence and additional scrutiny during the onboarding and monitoring processes.

High-Risk Categories

The following table lists all industry categories considered high-risk:

Category Code	Category Name	Description
`ADULT_CONTENT`	Adult Content	Businesses involved in adult entertainment, content creation, or related services
`TRAVEL`	Travel	Travel agencies, booking platforms, and tourism services
`CANNABIS`	Cannabis	Legal cannabis dispensaries, cultivation, and related products
`GAMBLING`	Gambling	Online and offline gambling, betting, casinos, and gaming platforms
`FINANCIAL_SERVICES`	Financial Services	Payment processors, lending, investment services, and financial intermediaries
`VIRTUAL_ASSETS`	Virtual Assets	Cryptocurrency exchanges, NFT marketplaces, blockchain services, digital assets
`SOCIAL_IMPACT_INITIATIVES`	Social Impact Initiatives	Charities, NGOs, crowdfunding platforms, and social enterprises
`PUBLIC_ADMINISTRATION`	Public Administration	Government agencies, public services, and administrative bodies
`DRUGS_AND_PHARMACEUTICALS`	Drugs and Pharmaceuticals	Pharmaceutical manufacturing, distribution, and online pharmacies
`ALCOHOL_SALE`	Alcohol Sale	Retail and wholesale alcohol sales, breweries, and distilleries
`E_CIGARETTES`	E-Cigarettes	Electronic cigarettes, vaping products, and accessories
`TOBACCO`	Tobacco	Tobacco products, cigars, cigarettes, and related accessories
`WEAPONS`	Weapons	Firearms, ammunition, military equipment, and related products
`SOCIAL_MEDIA_ACTIVITY`	Social Media Activity	Social media marketing, influencer services, and engagement platforms
`HIGH_VALUE_JEWELRY`	High-Value Jewelry	Luxury jewelry, precious stones, and high-value accessories
`UNAUTHORIZED_STREAMING`	Unauthorized Streaming	Illegal content streaming, piracy services, and copyright violations
`IN_GAME_CURRENCY_SALE`	In-Game Currency Sale	Virtual goods, game currency, and digital item trading
`AUCTION_HOUSES_AND_FINE_ART_DEALERS`	Auction Houses and Fine Art Dealers	Art auctions, galleries, and high-value art trading
`VOUCHERS/GIFT_CARDS`	Vouchers/Gift Cards	Gift card sales, voucher platforms, and prepaid card services
`ESOTERIC_AND_SORCERY`	Esoteric and Sorcery	Fortune telling, psychic services, spiritual healing, and occult products
`PRECIOUS_METALS_AND_STONE_DEALERS`	Precious Metals and Stone Dealers	Gold, silver, diamonds, and other precious material trading
`PAWN_BROKERS`	Pawn Brokers	Pawn shops, collateral lending, and second-hand goods trading
`DEBT_COLLECTION_AGENCY`	Debt Collection Agency	Debt collection services and credit recovery
`PHONE_CHARGES`	Phone Charges	Premium rate services, phone billing, and telecommunications charges
`VPN`	VPN	Virtual Private Network services and anonymity tools
`COMPANY_FORMATION_SERVICES`	Company Formation Services	Business incorporation, registered agent services, and corporate structuring
`BANKNOTE_SALE`	Banknote Sale	Currency dealing, numismatics, and rare note trading
`WEIGHT_LOSS`	Weight Loss	Diet products, weight loss supplements, and related programs
`GET_RICH_QUICK`	Get Rich Quick	Investment schemes, multi-level marketing, and “guaranteed return” programs

Category Assignment

Industry categories are determined through:

Online Screening - Analysis of business website, social media, photos, videos, of products, and services

CDD Case Flow - Understanding the due diligence process
Risk Check Configuration - Configuring risk checks for different use cases
Webhooks - Setting up alerts for high-risk detections