Sanction Policy

This policy is a part of our Terms of Use. By using any of our Services, you agree to this policy and our Terms of Use.

 

As a global company based in the US with operations in other countries, ASEEL must comply with economic sanctions and trade restrictions, including those implemented by the Office of Foreign Assets Control (“OFAC”) of the US Department of the Treasury. This means that ASEEL or anyone using our Services cannot take part in transactions that involve designated people, places, or items that originate from those places, as determined by agencies like OFAC.

This policy applies to anyone that uses our Services, vendors or customers regardless of their location. It is up to you to familiarize yourself with these restrictions.

For example, these restrictions generally prohibit, but are not limited to, transactions involving:

1.       Certain geographic areas, such as Crimea, Cuba, Iran, North Korea, and Syria, or any individual or entity operating or residing in those places;

2.       Individuals or entities identified on sanctions lists such as OFAC’s Specially Designated Nationals (“SDN”) List or Foreign Sanctions Evaders (“FSE”) List;

3.       Nationals of Cuba, regardless of location, unless citizenship or permanent residency outside of Cuba has been established; and

4.       Items originating from areas including Cuba, North Korea, Iran, or Crimea, with the exception of informational materials such as publications, films, posters, phonograph records, photographs, tapes, compact disks, and certain artworks.


In order to protect our community and marketplace, ASEEL takes steps to ensure compliance with sanctions programs. ASEEL has already informed its vendors of these sanction restrictions. For example, vendors are generally not permitted to list, buy, or sell items that originate from sanctioned areas. ASEEL reserves the right to request that sellers provide additional information, disclose an item’s country of origin in a listing, or take other steps to meet compliance obligations. We may disable listings or cancel transactions that present a risk of violating this policy.

 

The economic sanctions and trade restrictions that apply to your use of the Services are subject to change, so members should check sanctions resources regularly. For legal advice, please consult a qualified professional.