Sanctions Policy

Effective from: 5 January 2022

 

Depop provides a direct connection between buyers and sellers around the world. When you use Depop’s services (we’ll refer to Depop.com, our mobile apps, and other services as our “Services”), you are responsible for complying with this policy, regardless of your location.

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

As a global company which is based in the UK with operations in other countries and a wholly owned subsidiary of Etsy, a US based international company, Depop must comply with economic sanctions and trade restrictions, including those implemented by the Office of Financial Sanctions Implementation (“OFSI”) of Her Majesty’s (“HM”) Treasury in the UK and the Office of Foreign Assets Control ("OFAC") of the US Department of the Treasury. This means that Depop or anyone using our Services can't take part in transactions that involve designated people, entities, places, or items that originate from certain places, as determined by agencies like OFSI and OFAC, in addition to trade restrictions imposed by related laws and regulations.

This policy applies to anyone that uses our Services, regardless of their location. It is up to you to familiarise 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, Syria, Russia, Belarus, and the Donetsk People’s Republic (“DNR”) and Luhansk People’s Republic (“LNR”) regions of Ukraine, or any individual or entity operating or residing in those places;
  2. Individuals or entities identified on sanctions lists such as OFSI’s Consolidated List of Asset Freeze Targets (the “Consolidated List”) or List of Persons Named in Relation to Financial and Investment Restrictions and 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; 
  4. Items originating from areas including Cuba, North Korea, Iran, Crimea, or the Donetsk People’s Republic (“DNR”) and Luhansk People’s Republic (“LNR”) regions of Ukraine with the exception of informational materials such as publications, films, posters, phonograph records, photographs, tapes, compact disks, and certain artworks;
  5. The importation of Russian origin products as may be determined from time to time by the UK Department for International Trade (“DIT”) and the US Secretary of Commerce;
  6. The exportation of high-end luxury goods, and other items as may be determined by the UK Department for International Trade (“DIT”) and the US Secretary of Commerce, to any person located in Russia or Belarus; and 
  7. Items that are subject to the US Tariff Act or related Acts, including the UK Modern Slavery Act, concerning prohibiting the use of forced labor.

In order to protect our community and marketplace, and to comply with applicable laws and regulations, Depop takes steps to ensure compliance with sanctions programs. For example, Depop prohibits users from using their accounts while in certain geographic locations. If we have reason to believe you are operating your account from a sanctioned location, such as any of the places listed above, or are otherwise in violation of any economic sanction or trade restriction, we may suspend or terminate your use of our Services. Members are generally not permitted to list, buy, or sell items that originate from sanctioned areas. This includes items that pre-date sanctions since we have no way to verify when they were actually removed from the restricted location. Depop 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.

In addition to complying with OFSI, OFAC and applicable local laws, Depop users should be aware that other countries may have their own trade restrictions and that certain items may not be allowed for export or import under international laws. You should consult the laws of any jurisdiction when a transaction involves international parties.

Finally, Depop users should be aware that third-party payment processors, such as PayPal and Stripe, may independently monitor transactions for sanctions compliance and may block transactions as part of their own compliance programs. Depop has no authority or control over the independent decision-making of these providers.

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

Resources: US Department of the Treasury; Bureau of Industry and Security at the US Department of Commerce; US Department of State; European Commission; Office of Financial Sanctions Implementation

 

 

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