COMPLIANCE
Last updated: May 2026
tazdan is committed to operating within the legal and regulatory frameworks of every jurisdiction in which it provides services. This page describes our compliance programme, obligations, and the rights and responsibilities of our users.
tazdan operates as a virtual asset service provider (VASP) and electronic money intermediary. We are registered or licensed in applicable jurisdictions and maintain ongoing dialogue with relevant regulatory authorities. Where full licensing is pending, we operate under applicable transitional or exemption frameworks.
We are required by law to verify the identity of all users before enabling fiat deposits, withdrawals, P2P trading, and card issuance. Verification is powered by Sumsub and requires a government-issued photo ID and a liveness selfie. Business accounts require additional corporate documentation. Identity data is stored securely and processed in accordance with our Privacy Policy.
Our AML programme is designed to prevent the platform from being used for money laundering, terrorist financing, or other financial crimes. It includes customer due diligence (CDD), enhanced due diligence (EDD) for high-risk accounts, real-time sanctions screening against OFAC, EU, and UN lists, ongoing transaction monitoring, and mandatory suspicious activity reporting (SAR/STR) to relevant Financial Intelligence Units (FIUs).
tazdan does not provide services to individuals, entities, or countries subject to applicable sanctions programmes. All users and transactions are screened against current OFAC, EU, UN, and relevant national sanctions lists at onboarding and on an ongoing basis. Accounts identified as matching a sanctions designation will be suspended and reported to appropriate authorities.
We screen all users and transactions against terrorism and terrorist financing watchlists maintained by FATF member countries. Our automated monitoring systems flag unusual transaction patterns consistent with terrorist financing typologies for human review. Any confirmed CTF risks are escalated to the relevant authorities.
We process personal data in accordance with the GDPR (where applicable), and equivalent local data protection laws in the jurisdictions we serve. You have the right to access, correct, and request deletion of your personal data, subject to legal retention obligations. Please see our Privacy Policy for full details.
We retain transaction records, KYC documentation, and account activity logs for the minimum periods required by applicable law — typically 5 to 7 years depending on jurisdiction. These records are available to authorised regulatory bodies and law enforcement upon lawful request. Internal compliance audits are conducted annually by our compliance team.
If you have a concern about potential financial crime, fraud, or a compliance issue involving tazdan or another user, please contact our compliance team at compliance@tazdan.com. All reports are treated confidentially. You will not suffer any detriment for reporting a concern in good faith. Employees and partners can also raise concerns through our internal whistleblower channel.