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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 CodeCategory NameDescription
ADULT_CONTENTAdult ContentBusinesses involved in adult entertainment, content creation, or related services
TRAVELTravelTravel agencies, booking platforms, and tourism services
CANNABISCannabisLegal cannabis dispensaries, cultivation, and related products
GAMBLINGGamblingOnline and offline gambling, betting, casinos, and gaming platforms
FINANCIAL_SERVICESFinancial ServicesPayment processors, lending, investment services, and financial intermediaries
VIRTUAL_ASSETSVirtual AssetsCryptocurrency exchanges, NFT marketplaces, blockchain services, digital assets
SOCIAL_IMPACT_INITIATIVESSocial Impact InitiativesCharities, NGOs, crowdfunding platforms, and social enterprises
PUBLIC_ADMINISTRATIONPublic AdministrationGovernment agencies, public services, and administrative bodies
DRUGS_AND_PHARMACEUTICALSDrugs and PharmaceuticalsPharmaceutical manufacturing, distribution, and online pharmacies
ALCOHOL_SALEAlcohol SaleRetail and wholesale alcohol sales, breweries, and distilleries
E_CIGARETTESE-CigarettesElectronic cigarettes, vaping products, and accessories
TOBACCOTobaccoTobacco products, cigars, cigarettes, and related accessories
WEAPONSWeaponsFirearms, ammunition, military equipment, and related products
SOCIAL_MEDIA_ACTIVITYSocial Media ActivitySocial media marketing, influencer services, and engagement platforms
HIGH_VALUE_JEWELRYHigh-Value JewelryLuxury jewelry, precious stones, and high-value accessories
UNAUTHORIZED_STREAMINGUnauthorized StreamingIllegal content streaming, piracy services, and copyright violations
IN_GAME_CURRENCY_SALEIn-Game Currency SaleVirtual goods, game currency, and digital item trading
AUCTION_HOUSES_AND_FINE_ART_DEALERSAuction Houses and Fine Art DealersArt auctions, galleries, and high-value art trading
VOUCHERS/GIFT_CARDSVouchers/Gift CardsGift card sales, voucher platforms, and prepaid card services
ESOTERIC_AND_SORCERYEsoteric and SorceryFortune telling, psychic services, spiritual healing, and occult products
PRECIOUS_METALS_AND_STONE_DEALERSPrecious Metals and Stone DealersGold, silver, diamonds, and other precious material trading
PAWN_BROKERSPawn BrokersPawn shops, collateral lending, and second-hand goods trading
DEBT_COLLECTION_AGENCYDebt Collection AgencyDebt collection services and credit recovery
PHONE_CHARGESPhone ChargesPremium rate services, phone billing, and telecommunications charges
VPNVPNVirtual Private Network services and anonymity tools
COMPANY_FORMATION_SERVICESCompany Formation ServicesBusiness incorporation, registered agent services, and corporate structuring
BANKNOTE_SALEBanknote SaleCurrency dealing, numismatics, and rare note trading
WEIGHT_LOSSWeight LossDiet products, weight loss supplements, and related programs
GET_RICH_QUICKGet Rich QuickInvestment 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