Law No. 5549 is one of the fundamental sources of obligations under Türkiye's framework for preventing the laundering of proceeds of crime. Application is assessed together with the relevant secondary regulation and the institution's scope.
The role of controls
Technology used for identity verification and related control processes does not take over the institution's responsibility. Data source, control output and institutional action must be defined separately.
The retention provision
The law includes an eight-year provision for documents and records within the scope of its Article 8. The triggering event and the data type must be taken into account. It cannot be concluded that every piece of data is kept in Legichain for eight years.
Implementation record
Handle which control was performed when, and the institution's assessment rationale, in a traceable way. When aligning the legal retention policy with a SaaS plan's technical retention period, state the differences explicitly.
Sources
Sources were checked as part of the review dated 9 September 2026. Refer to the official text for current provisions.
This content is general information. Determine the requirements that apply to your institution from current official sources and your own assessment process.
See the related product scope → Compliance approach
Legichain — technology for identity verification, AML and blockchain screening. Contact: [email protected]