|
|
От: | TailWind | |
| Дата: | 01.03.22 02:21 | ||
| Оценка: | |||
RUSSIA SANCTIONS
A new executive order was issued by the US Government regarding transactions in Russia. Based on the review conducted by Digital River, in order to comply with the executive order and Digital River’s own policies, we have determined that Digital River must immediately impose restrictions on sales relating to Russia and/or Russian purchasers. We will therefore block sales through our Denied Parties List (DPL) screening tool, prevent purchases from Russian bill-to/ship-to addresses, in addition to cards issued by a sanctioned bank, beginning on March 1, 2022.
It is Digital River’s legal obligation as Seller of Record, Exporter of Record, and as a U.S. Company to fully comply with all sanctions and embargoes administered by the Office of Foreign Assets Control (OFAC) as well as complying with other denied parties screening requirements. In addition to maintaining compliance with U.S. sanctions, Digital River must also comply with other sanctions including those from the EU for Digital River Ireland and Digital River GmbH.
Digital River continually assesses its obligations for compliance under the law both internally and with outside counsel and does not sell into any country unless Digital River is able to strictly comply with all sanctions. Digital River’s policy on Russia was developed taking into account the severity and complexity of the new trade sanctions in those jurisdictions. Trade sanctions are subject to licensing or removal at the discretion of the U.S. government, and Digital River is able to re-evaluate sales to any country where a Client has an approved license or where sanctions have been lifted.
Digital River manages these new compliance requirements on your behalf, protecting your brand from transactions that would violate sanctions.
WHITE HOUSE FACT SHEET ON EXECUTIVE ORDER
For further clarity on the executive order issued last week, February 21st, the White House has provided this fact sheet: FACT SHEET: Executive Order to Impose Costs for President Putin’s Action to Recognize So-Called Donetsk and Luhansk People’s Republics | The White House
WHAT DIGITAL RIVER DOES FOR YOU TO ENSURE COMPLIANCE
Digital River screens all newly generated recurring and non-recurring orders against the current Denied Party List (DPL) for fields including the bill-to and ship-to name, address lines, postal code, and country code. We do not rescreen customers until they submit new orders or subscriptions automatically recur. Compelling DPL matches result in a manual reviewer failing the DPL check, which cancels the order before processing or fulfillment. Any messaging to the user is vague and generic. For example, “Your order cannot be completed at this time.”
Our DPL definitions are updated daily and as such, will stay current as sanctions change over time.
For further details on our transaction screening process, click here.
ADDITIONAL ACTIONS
Many of the major payment processors and credit card organization have suspended processing of transactions in Rubles. We will continue to monitor the actions of our partners.
Given the evolving nature of the situation in the Ukraine, Digital River encourages clients, as well as payment and fulfillment partners, to connect with us (export@digitalriver.com) in case of any questions or concerns.
Thank you for your business.
Your Digital River Team
