Ruvo Financial Inc - Prohibited Activities List
Last Updated: November 2025
Ruvo Financial Inc ("Ruvo", "we", "our", or "us") maintains strict onboarding, transactional, and monitoring standards to comply with applicable laws and regulations, protect customers, and ensure the integrity of our platform.
1. Prohibited Business Categories
The following Prohibited Activities and Business Categories may not use Ruvo services under any circumstances.
1.1 Adult Content & Exploitation
- Adult content providers
- Sexually explicit or obscene services
- Escort services, prostitution, or sexual services
- Child Sexual Abuse Material (CSAM) of any kind (consumer, vendor, scam, distribution)
- Sexual exploitation (any form)
1.2 Drugs, Controlled Substances & Pseudo-Pharmaceuticals
- Businesses selling, distributing, or facilitating illegal or controlled substances
- Drug paraphernalia
- Pseudo-pharmaceutical products
- Marijuana-related businesses (MRBs)
1.3 Weapons & Harmful Materials
- Manufacture, production, or distribution of arms, ammunition, explosives, or military equipment
- Weapons of mass destruction
- Illicit goods and restricted hazardous materials
1.4 Gambling, Betting & Games of Chance
- Unlicensed gambling services
- Gambling hosting websites
- Gambling software
- Gambling payment processors
- Decentralized gambling services
- Unlawful internet gaming companies
1.5 Fraud, Scams & Financial Crime
- Financial crime-linked businesses
- Fraudulent or deceptive business models
- Blocklisted individuals or entities
- Accounts exited by financial partners for fraud or financial crime risk
- Customers or related parties with evidence or a strong suspicion of criminal activity
- Scam operations
- Extortion or blackmail activity
- Carding / PII shops
- Hacked or exploited funds
- Imposter or spoofing sites
- Ransomware operations
- Blackmail, extortion, or coercive schemes
- Known hacker groups
- Malware operators
- Cybercrime services
- Darknet marketplaces
1.6 Identity Fraud, Anonymity Misuse & Shell Structures
- Anonymous or numbered accounts
- Fictitious or alias-based accounts
- Unverifiable customers
- Accounts lacking beneficial-ownership transparency
- Shell banks
- Shell companies are used to obscure ownership or activity
- New bearer-share issuance
- Issued bearer shares not immobilized with an approved custodian
1.7 High-Risk Lending & Unlicensed Financial Services
- Payday lenders (owners or principals)
- High-risk lending or predatory financial models
- Unlicensed or unregistered money services businesses (MSBs)
- Lending services operating outside legal frameworks
- Mixers, tumblers, or anonymity-enhancing tools
- Unregistered crypto-mining companies using customer funds (including hosted mining)
1.8 Sanctions, Legal, Governmental & Political Restrictions
- Countries, governments, entities, or persons subject to sanctions
- Entities under Special Measures
- Terrorist financing or extremist-group support
- Missions, consulates, embassies
- Political or diplomatic entities (high-risk enhanced due diligence profiles)
- Any activity violating international or local regulations
- Export-controlled goods or restricted technologies
1.9 Data Abuse, Privacy Violations & Intellectual Property
- Businesses that misuse consumer data or violate privacy laws
- Intellectual property infringement
- Sale of counterfeit or unauthorized goods
1.10 Illegal, Harmful, or Abusive Activity
- Human trafficking or smuggling
- Illicit goods and services
- Activities promoting hate, violence, terrorism, or discrimination
- Community-verified harmful businesses
- Trusted community complaints validated by compliance review
- Activities harmful to minors or vulnerable groups
2. General Illegal Activities
You may not use Ruvo to engage in, promote, or facilitate any activity that is unlawful or in violation of:
- Central Bank of Brazil regulations
- U.S. federal or state financial regulations
- OFAC sanctions programs
- FATF AML/CFT standards
- Local regulatory requirements in applicable jurisdictions
3. Consequences of Violation
If Ruvo identifies prohibited activity, we may, at our sole discretion:
- Suspend or terminate the account
- Freeze or restrict funds pending review
- Decline future activity or prevent further onboarding
- Notify financial partners, regulators, or authorities, as required by law
- Report suspicious activity consistent with AML and CFT obligations
4. Reporting Violations
To report suspected prohibited activity, contact our Compliance team: ajuda@ruvo.com
Your cooperation helps keep the Ruvo platform safe and compliant for all users.