Optio Consortia DAO Foundation (OCF) is committed to complying with all applicable laws and regulations, including the sanctions programs administered by the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury. We do not engage in business activities with individuals, entities, or countries that are subject to U.S. economic sanctions. This includes, but is not limited to, countries and regions such as North Korea, Iran, Syria, Sudan, and Crimea.
As a provider of blockchain-based products and services, OCF is particularly vigilant in ensuring that our technologies are not used to facilitate prohibited transactions or activities. We employ rigorous compliance measures to monitor and prevent the use of our products in any manner that could violate OFAC regulations or other applicable laws.
In addition to adhering to OFAC sanctions, OCF reserves the right to refuse to conduct business in countries or regions that we consider to be high risk due to political instability, regulatory concerns, or other factors that may pose a threat to our business operations or legal standing. Our decision to restrict business activities in these regions is made in the interest of maintaining the highest standards of legal and ethical compliance.
Furthermore, all companies, partners, and entities working with or through OCF must comply with OFAC regulations and other applicable laws. It is expected that these organizations will maintain their own robust compliance programs to ensure that they are not facilitating any activities or transactions that could violate sanctions or legal requirements. OCF retains the right to audit and review the compliance practices of our partners to ensure alignment with our standards and legal obligations.
OCF continuously monitors the global landscape and updates our policies as necessary to ensure full compliance with all applicable laws and regulations. We are committed to conducting our business responsibly and in accordance with both U.S. and international law.