> For the complete documentation index, see [llms.txt](https://hocdao.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hocdao.gitbook.io/documentation/whitepaper/5.-compliance.md).

# 5. Compliance

The rapid growth of DeFi reflects changes that technology is bringing to financial markets and the potential for new and advanced product offerings built on the extensive capabilities, brought about through the blockchain ecosystem.&#x20;

In view of how quickly this technology is developing, there is a lack of precedence in relation to many aspects of the workings of the DeFi market. We believe it is **vital to ensure that our legal and compliance procedures conform to the required standards** in order to comply with existing regulatory and legal requirements.&#x20;

We have worked with and been advised by some of the leading lawyers in the area of developing fintech regulation at **international law Firm DLA Piper**. We aim to comply with, developing codes of practice introduced by industry standards bodies. Working on developments in the DeFi market. We are confident that our procedures comply with existing laws and regulations now and **commit to them remaining so in the future.**

![](/files/fO5LIBoqe4Bysz2ka6J9)


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