YamaHost Sanctions Policy
Effective Date: [Insert Date]
1. Introduction
YamaHost.com ("YamaHost", "we", "us", or "our") is committed to conducting business in compliance with all applicable sanctions laws and regulations, including those administered by the Republic of South Africa, the United Nations, the European Union, the United States Department of the Treasury's Office of Foreign Assets Control (OFAC), and other relevant authorities.
This Sanctions Policy outlines our commitment to preventing the use of our services for activities that violate sanctions laws and provides guidelines for compliance.
2. Purpose
The purpose of this policy is to:
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Ensure compliance with applicable sanctions laws and regulations.
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Prevent YamaHost's services from being used to facilitate transactions with sanctioned individuals, entities, or countries.
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Establish procedures for identifying and managing sanctions risks.
3. Scope
This policy applies to all YamaHost employees, contractors, partners, clients, and any other parties who use our services or act on our behalf.
4. Compliance Obligations
YamaHost prohibits the use of its services for any activities that would violate applicable sanctions laws, including but not limited to:
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Engaging in transactions with individuals or entities listed on sanctions watchlists.
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Providing services to or receiving payments from countries subject to comprehensive sanctions.
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Facilitating the transfer of funds or goods in violation of sanctions regulations.
5. Client Responsibilities
Clients are responsible for ensuring that their use of YamaHost's services complies with all applicable sanctions laws. Clients must not use our services to:
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Conduct business with sanctioned individuals, entities, or countries.
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Facilitate transactions that would cause YamaHost to be in violation of sanctions laws.
6. Monitoring and Enforcement
YamaHost reserves the right to:
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Monitor client accounts and transactions for compliance with this policy.
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Suspend or terminate services to clients found to be in violation of sanctions laws.
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Report suspected violations to the appropriate authorities.
7. Reporting Violations
If you become aware of any activities that may violate this policy or applicable sanctions laws, please report them immediately to:
Email: [email protected]
8. Policy Review
YamaHost will review and update this policy periodically to ensure ongoing compliance with applicable laws and regulations.
This Sanctions Policy is effective as of 1 May 2025.