Jurisdiction & Legal Framework

Jurisdiction & Legal Framework

Legal structure, regulatory compliance, and jurisdictional framework governing our operations

๐Ÿ‡ช๐Ÿ‡บ EU
Primary Jurisdiction
MiFID II
Compliant
50+
Countries Served
24/7
Legal Support

Legal Entity & Jurisdiction

Our platform operates under a robust legal framework that ensures compliance with international regulations while providing secure and reliable trading services across multiple jurisdictions.

Legal Entity

CryptoTrade Technologies Ltd.

Registered in Estonia (Company No. 14587362)
EU-regulated Virtual Currency Service Provider

Registered Office

Harju maakond, Tallinn
Kesklinna linnaosa
Pรคrnu mnt 139c, 11317
Estonia, European Union

Regulatory Licenses

๐Ÿ‡ช๐Ÿ‡ช Estonia FIU License Active

Virtual Currency & Wallet Services

๐Ÿ‡ช๐Ÿ‡บ EU Passporting Rights Active

MiFID II Compliant Services

๐ŸŒ FATF Guidelines Compliant

AML/CFT Standards

Regulatory Status

Fully licensed and regulated entity with all required authorizations for cryptocurrency trading services.

Applicable Legal Framework

1

EU Regulations

Primary Framework

We operate under comprehensive EU regulatory framework ensuring highest standards of compliance and consumer protection.

MiFID II - Markets in Financial Instruments
5AMLD - Anti-Money Laundering Directive
GDPR - Data Protection Regulation
MiCA - Markets in Crypto-Assets (upcoming)

Key Requirements

KYC/AML Compliance
Transaction Monitoring
Client Asset Protection
Regulatory Reporting
2

Estonian National Laws

Local Jurisdiction

Estonia provides a progressive regulatory environment for cryptocurrency businesses with clear legal frameworks.

Key Legislation

Money Laundering and Terrorist Financing Prevention Act (MLTFPA)
Payment Institutions and E-money Institutions Act
Securities Market Act

Regulatory Oversight

FIU Estonia

Financial Intelligence Unit - Primary regulator for crypto services

EFSA

Estonian Financial Supervision Authority

3

International Standards

Global Compliance

We adhere to international best practices and standards set by global regulatory bodies.

FATF Recommendations

Financial Action Task Force guidelines for VASPs

ISO 27001

Information security management standards

Travel Rule

Cryptocurrency transaction reporting requirements

Compliance Score

FATF Standards 100%
Travel Rule Implementation Active
Transaction Screening Real-time

Geographic Service Availability

Permitted Jurisdictions

Where our services are available

๐Ÿ‡ช๐Ÿ‡บ European Union (27 Member States)

Full service availability with EU passporting rights

Germany France Italy Spain Netherlands +22 more

๐ŸŒ Other Permitted Regions

United Kingdom (post-Brexit framework)
Switzerland & Liechtenstein
Norway, Iceland (EEA members)
Selected APAC countries (case-by-case)

Restricted Jurisdictions

Where our services are not available

High-Risk Countries

Countries subject to international sanctions or FATF blacklist/greylist

North Korea Iran Syria Cuba Venezuela

Regulatory Restrictions

United States (pending regulatory clarity)
China (crypto trading restrictions)
Countries with crypto bans

Restrictions updated regularly based on regulatory changes and risk assessments.

Dispute Resolution & Governing Law

Governing Law

All agreements and disputes are governed by the laws of Estonia and the European Union.

Applicable Law

  • โ€ข Estonian Contract Law
  • โ€ข EU Consumer Protection Law
  • โ€ข Estonian Civil Code

Internal Resolution

We maintain an internal complaints procedure to resolve issues efficiently.

Process

  • โ€ข Submit complaint to support
  • โ€ข Escalation to compliance team
  • โ€ข Response within 15 business days

Arbitration

Unresolved disputes may be submitted to arbitration or court proceedings.

Venue

  • โ€ข Harju County Court (Tallinn)
  • โ€ข Alternative: ICC Arbitration
  • โ€ข EU consumers: local courts

EU Consumer Rights

EU consumers have the right to bring disputes in their local courts under the Brussels I Regulation. Access to the EU Online Dispute Resolution platform is available at https://ec.europa.eu/consumers/odr

Compliance & Regulatory Reporting

KYC/AML Procedures

Identity Verification

Government-issued ID, proof of address, and biometric verification for all users.

Transaction Monitoring

Real-time screening against sanctions lists, PEP databases, and risk indicators.

Enhanced Due Diligence

Additional verification for high-risk customers or large transactions.

Regulatory Reporting

Suspicious Activity Reports

Immediate reporting of suspicious transactions to FIU Estonia as required.

Periodic Reporting

Regular reports to regulators on business activities, volumes, and compliance metrics.

Record Retention

All records maintained for minimum 5 years as per EU and Estonian requirements.

External Audits & Oversight

Annual Audits

External financial and compliance audits conducted annually by licensed auditors.

Security Audits

Quarterly security assessments and penetration testing by independent firms.

Regulatory Inspections

Periodic inspections by FIU Estonia and other regulatory authorities as required.

Document Version: 1.8.2 | Last Updated: January 2024

This jurisdiction and legal framework document is reviewed semi-annually and updated to reflect changes in regulatory requirements, licensing status, and geographic availability. Material changes are communicated to users via email 30 days prior to implementation.

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