ZAYMENT SOLUTIONS PRIVATE LIMITED (“we”, “us”, “our”) is a technology platform that facilitates the exchange of fiat currency and Virtual Digital Assets (“VDAs”) in accordance with applicable laws. We are committed to maintaining a strong compliance framework to ensure the safety, security, and trust of our users, as well as to uphold the integrity of the financial ecosystem. Our compliance programme is designed to meet applicable legal requirements and incorporate recognised best practices in anti-money laundering (AML), counter-terrorist financing (CFT), sanctions compliance, data protection, and consumer protection.
1. Regulatory Compliance Framework
We operate in accordance with applicable laws, including: the Prevention of Money Laundering Act, 2002 (PMLA) and the Prevention of Money Laundering Rules, 2005; the Digital Personal Data Protection Act, 2023; and any other relevant Indian regulations and guidelines affecting VDA services. We voluntarily align our internal compliance systems with international standards such as the Financial Action Task Force (FATF) Recommendations and relevant best practices in the virtual asset industry.
2. Assisting Law Enforcement and Competent Authorities
We maintain a zero-tolerance approach towards money laundering, terrorism financing, fraud, and other financial crimes. We work proactively with competent law enforcement agencies and regulators to assist in investigations, in accordance with applicable laws and regulations, our Privacy Policy, and our internal AML Policy. Any request for information from a law enforcement agency must be submitted in compliance with our Guidelines for Law Enforcement, which outline the verification and documentation requirements. Requests may be sent to compliance@endl.app.
3. Data Privacy and Data Protection
We implement robust technical and organisational measures to protect users’ personal data, including strong encryption protocols, secure data storage, restricted access controls, and regular security audits. We screen users and transactions against prescribed sanctions lists, including those maintained by the United Nations, FATF, European Union, UK Treasury, and the US Office of Foreign Assets Control (OFAC), along with relevant Indian government sanctions lists. Our Privacy Policy governs how we collect, use, store, and disclose personal data and is aligned with applicable Indian laws and recognised global standards.
4. Transparency and Disclosure
We do not transact with individuals, companies, or jurisdictions subject to applicable sanctions. All customer transactions are subject to ongoing monitoring based on user risk profiles. Suspicious or unusual activities are reviewed by our Compliance Officer and may be reported to the relevant authorities in strict confidence, in accordance with the law.
5. Continuous Improvement and Training
We provide regular training to employees, contractors, and relevant partners to maintain awareness of AML/CFT compliance requirements, sanctions obligations, data protection standards, and emerging industry risks and trends. Training programmes are updated frequently to reflect regulatory changes and industry developments.
6. Policy Updates
We may update or amend this Compliance Statement at any time without prior notice. The latest version will always be available on our website. Continued use of our Services constitutes acceptance of any changes.
Contact for Compliance Matters: compliance@endl.app
We aim to acknowledge all compliance-related queries within 24 hours of receipt.