From CNWiki

When creating a character for Carpe Noctem, you may choose up to seven total points of flaws, and as many points in merits as you have freebies (flaw bonuses add freebie points.) However, the staff believes a surplus of merits and flaws is confusing and unbalancing, and in our game, flaws are much more problematic and will be policed more than you are perhaps used to. No flaw is "free points".

If you decide to take merits and flaws, consult the list below. We have constructed a list of all of the merits and flaws from the Third Edition Vampire the Masquerade core book, and have them listed in three groups: "Allowable," "Restricted" and "Banned". Allowable merits and flaws are allowed, Restricted merits may not be approved depending on the circumstances of the sheet they appear on, and Banned merits and flaws will not be considered for approval at all.

Please note that we have only listed 3rd edition core book merits and flaws, and that you may use merits and flaws from other White Wolf material, but every non core-book merit and flaw is considered extremely restricted. If you would like to use a non-core book merit or flaw, we require you to copy down the exact text from the book it appears in, the book title, and the page number on your sheet.

Merits

Allowable Merits

• • Acute Sense (1pt)
  • Ambidextrous (1pt)
  • Calm Heart (3pts) (Brujah may not take this merit)
  • Catlike Balance (1pt)
  • Code of Honor (2pt)
  • Common Sense (1pt)
  • Concentration (1pt)
  • Light Sleeper (2pt)
  • Natural Leader (1pt)
  • Natural Linguist (2pt)
  • Nine Lives (6pt)
  • Prestigious Sire (1pt)
  • Time Sense (1pt)

Restricted Merits

• • Blush of Health
  • Daredevil
  • Debt of Gratitude (1 or 2 points only)
  • Eat Food
  • Eidetic Memory
  • Enchanting Voice
  • Efficient Digestion
  • Huge Size
  • Iron Will
  • Magic Resistance
  • Medium
  • True Love
  • Spirit Mentor
  • Unbondable (Tremere may not take this merit.)

Banned Merits

• • Debt of Gratitude (3rd point level)
  • Lucky
  • True Faith

Flaws

Allowable Flaws

• • Addiction (See Footnote)
  • Bad Sight
  • Blind
  • Cast No Reflection
  • Cursed
  • Dark Fate
  • Dark Secret
  • Deformity
  • Deaf
  • Disfigured
  • Eerie Presence
  • Enemy
  • Flesh of the Corpse (Nosferatu may not take this flaw)
  • Hard of Hearing
  • Haunted
  • Hunted
  • Infectious Bite
  • Infamous Sire
  • Lame
  • Light Sensitive
  • Mistaken Identity
  • One Eye
  • Permanent Wound
  • Phobia
  • Prey Exclusion
  • Repelled by Crosses
  • Repulsed by Garlic
  • Smell of the Grave
  • Short
  • Short Fuse (Brujah may not take this flaw)
  • Shy
  • Sire's Resentment
  • Slow Healing
  • Soft Hearted
  • Speech Impediment
  • Territorial
  • Touch of Frost
  • Weak Willed

Restricted Flaws

• • 14th Generation
  • Amnesia
  • Child
  • Conspicuous Consumption
  • Disease Carrier
  • Grip of the Damned
  • Monstrous
  • Mute
  • Nightmares
  • Thin Blood

Banned Flaws

• • Can't Cross Running Water
  • Deep Sleeper
  • Lunacy
  • Probationary Sect Member
  • Vengeful

Footnotes

• Addictions to inconsequential substances will not be allowed. This includes the popular "Addiction to Nicotine", as most of the adverse effects of Nicotine do not affect creatures that don't breathe or have blood circulation.