Spontaleza: Ensuring Compliance with GDPR and AML Regulations — A Commitment to Security and Trust
Cooperation with Porto4 Legal Tech to comply with legal and administrative requirements according to international standards
At Spontaleza, we understand the importance of adhering to strict legal and regulatory standards, particularly when it comes to data privacy and anti-money laundering (AML) requirements. As we venture into the exciting world of digital assets, security and trust are part of our aspirations.
That’s why we have partnered with Porto4 Legal Tech, an experienced legal firm specialising in digital legal matters, to ensure compliance with the General Data Protection Regulation (GDPR) and AML rules in Europe and beyond for any step of our roadmap.
The followings are the milestones of our compliance roadmap to be realised in the very next future.
Compliance with GDPR:
The GDPR is a comprehensive data protection framework that aims to protect the privacy and personal information of European Union (EU) citizens.
- Transparent Privacy Policy: The privacy policy must be clear and easy to understand, outlining the data we collect, how we use it, and users’ rights.
- Data Protection Officer (DPO): A qualified DPO is crucial to oversee the data protection strategy and ensure ongoing compliance with GDPR requirements.
- Data Minimization and Retention: The platform must collect the data necessary for the specific purpose and delete it once it is no longer required.
- Data Security: Spontaleza has identified state-of-the-art security measures to safeguard users’ data from unauthorised access, loss, or disclosure.
Anti-Money Laundering (AML) Compliance:
To uphold the highest standards of financial integrity and prevent money laundering, Spontaleza is designing its system to adhere to AML regulations. The collaboration with Porto4 Legal Tech is crucial not to remain uncovered regarding the necessary adoption of AML policies and procedures. That includes Customer Due Diligence (CDD) to ensure they are not involved in illicit activities.
Spontaleza’s collaboration with a renowned legal tech firm has been instrumental in acknowledging all necessary compliance objectives to achieve. Only solid expertise and guidance can allow the team to navigate complex legal landscapes and ensure that Spontaleza is prepared to meet the stringent regulatory requirements of the digital world.
Adapting to the Evolving Regulatory Landscape: Embracing the EU MICAR Regulation
Spontaleza is fully aware of the ever-changing regulatory environment in the world of digital assets.
A proactive approach to compliance demonstrates Spontaleza’s dedication to bringing forward the highest standards of security and trust for the users, also given the platform’s vocation to redistribute benefits, including economic ones, to families and young talent.
By staying ahead of the curve, Spontaleza is reinforcing its commitment to providing a secure, transparent, and legally compliant platform for all users.
Conclusion:
Spontaleza is dedicated to providing a secure, trustworthy platform for any user. The team has gone to great lengths to ensure that every step in the roadmap complies with regulations.
With the advisory support of Porto4 Legal Tech, Spontaleza took an important step to be ready to safeguard user data and maintain the highest standards of financial integrity.
