Finductive Ltd is the data controller for all of your personal data that is held by us. We respect your privacy and are committed to protecting your personal data.
This policy is our overarching Privacy Notice and will give information about what, how and why we collect and process the data, how we store the data, how long we keep it for and who we share it with.
For the purposes of this policy, Finductive Ltd shall be referred to as the “Data Controller/ we/ us/ our”, and Account Holders, prospective clients, employees or any person sharing their personal information with us shall be referred to as the “Data Subjects/ you/ your”.
We collect and process personal data for the purpose of engaging business, regardless of the extent or the outcome of such engagement.
1. PERSONAL DATA WE COLLECT ABOUT YOU
Personal data, or personal information, means any information about an individual from which that person can be identified.
We may collect and process the following data about you:
i. Identification related data e.g. name, username or similar identifier, date of birth, gender, country identification documents (photo ID, passport, national ID card)
ii. Contact data including postal address, email address and telephone numbers
iii. Data about your education, profession or work
iv. Due Diligence information, including country of origin, residence, citizenship, source of funds and wealth
v. Financial information
vi. Technical and usage data
vii. Communications data including your communications preferences in receiving updates from us
We do not collect personal information on children aged under 16, unless a parent or legal guardian has given his/her consent for this.
2. HOW AND WHY WE PROCESS YOUR PERSONAL DATA
We will only process your personal data consistently with data protection laws and for the following purposes and lawful reasons:
i. When we have your consent to process your personal information for a specific purpose
ii. When we need to process your personal information to enter into or administer a contractual agreement we have with you
iii. When we need to process your personal information to comply with our legal obligations including:
- carrying out customer due diligence and screening in line with our legal responsibilities
- preventing unauthorised access and/or unauthorised administration of your funds
- assisting any public authority, regulatory, judicial or criminal investigation body
iv. When processing of your personal information is necessary for the performance of a task carried out in the public interest such as the prevention and detection of financial crime, fraud, money laundering and terrorist activity and the provision of financial and other services to persons who may be subject to sanctions. This includes but is not limited to the verification of customer’s identity and suitability for the product.
v. When we need to pursue our legitimate interest such as:
- filing of regulatory returns to the relevant competent authorities
- providing information for audit or investigative purposes
- providing and administering the Website and related services and managing internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes, and developing the Website and our products and services.
3. WHO WILL YOUR INFORMATION BE SHARED WITH
Your personal data may be shared with, but not limited to:
i. our employees and representatives
ii. our affiliates
iii. our third-party business partners, service providers, agents, delegates, sub-contractors and/ or any other party which may be engaged or otherwise used by us for any purpose in connection with our remit
We may also disclose your personal information to third parties:
- In the event that we sell or buy any business or assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets
- If Finductive Ltd or substantially all of its assets are acquired by a third party, in which case personal data held by it about its customers will be one of the transferred assets
- If we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our Terms and Conditions or to protect the rights, property, or safety of us, our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.
iv. public authorities, regulatory, judicial or criminal investigation bodies, in line with our legal obligations
4. DETAILS OF TRANSFERS TO THIRD COUNTRY AND SAFEGUARDS
It may sometimes be necessary to transfer personal information overseas. When this is needed information may be transferred to countries within and/or outside of the EU/ EEA. Any transfers made will be in full compliance with all aspects of the data protection law.
Subjects to your consent, we may contact you by post, email, telephone, text messages and other electronic means to inform you about latest events, updates and offers related to our operations or activities or services supplied by any associates, agents and by other carefully selected third parties.
You may opt out of such marketing services at any time by writing to any one of our offices or sending such request by e-mail to firstname.lastname@example.org
6. RETENTION PERIOD FOR INFORMATION COLLECTED
We will only hold information in accordance with the applicable legal requirements. We will only retain your information for as long as we need to.
7. YOUR RIGHTS
You have the right to:
i. ask for a copy of any information we hold about you
ii. ask for any information we hold about you to be changed if it is inaccurate
iii. request restricting our use of your information in certain circumstances (e.g. if you want us to establish the data’s accuracy)
iv. object to the processing of your personal data in certain circumstances (e.g. for direct marketing)
v. object to being subject of automated decision making
vi. ask us to delete any information we hold about you, although this is not an absolute right and we may need to continue to hold your information – we will tell you why if this is the case
vii. ask us, in appropriate circumstances, to transfer your personal information to another organisation indicated by you
You can exercise any of your rights by contacting us at email@example.com. Once we receive your request, members of our data protection team will endeavour to get back to you as soon as possible to confirm receipt.
If you are unhappy about how we handle your personal data you can complain to the Office of the Information and Data Protection Commissioner (IDPC). Further information about the services offered by IDPC and the conditions for using such services can be found at idpc.org.mt