Compliance Policy

Purpose

Purpose This Compliance Policy outlines Global Peace Chain’s commitment to conducting its activities in full compliance with all applicable laws, regulations, and ethical standards. The policy ensures that Global Peace Chain operates transparently, responsibly, and in accordance with international compliance, anti–money laundering (AML), counter-terrorism financing (CTF), and sanctions regulations.

Scope

This policy applies to all employees, contractors, volunteers, and affiliates of Global Peace Chain worldwide.

Policy Statement

Global Peace Chain is committed to:

Preventing the misuse of its platform for money laundering, terrorist financing, or other illicit activities.

Operating in full compliance with sanctions and export control regulations issued by the United Nations, European Union, U.S. Office of Foreign Assets Control (OFAC), and other relevant authorities.

Ensuring transparency in all donation and fundraising processes.

Maintaining accurate records and performing due diligence on all partners and beneficiaries.

Sanctions & AML/CTF Policy

Overview

Global Peace Chain complies fully with all applicable international sanctions and anti–money laundering (AML) and counter-terrorism financing (CTF) obligations.

Sanctions Compliance

Global Peace Chain does not and will not provide services to, from, or within:

1. Cuba
2. Iran
3. North Korea
4. Syria
5. Crimea, Luhansk, or Donetsk regions of Ukraine

Additionally, Global Peace Chain screens all partners, donors, and recipients to ensure they are not listed on any sanctions or watchlists maintained by OFAC, the UN, EU, or other competent authorities.

AML/CTF Controls

Global Peace Chain maintains procedures to prevent and detect illicit financial activity, including:

1. Verifying the identity of organizational partners and payment recipients.
2. Monitoring transactions for suspicious activity.
3. Maintaining transaction records and audit trails.
4. Reporting suspicious transactions to competent authorities when required by law.

Training & Awareness

All staff and volunteers are regularly trained on compliance, sanctions, and AML/CTF responsibilities.

Prohibited Activities

Global Peace Chain prohibits:

1. Fundraising or transferring funds on behalf of sanctioned entities or individuals.
2. Facilitating or supporting activities in prohibited regions.
3. Accepting or sending donations through anonymous or unverified channels.