Common use of Personal Data and Confidentiality Clause in Contracts

Personal Data and Confidentiality. 1. The Company may collect Client information directly from the Client (from the completed application form or otherwise) or from other persons including, for example, credit reference agencies, fraud prevention agencies and the providers of public registers. 2. The Company will use, store, process and handle personal information provided by the Client (in case of a natural person) in connection with the provision of the services of the Company and in accordance with the Privacy Policy. 3. The Company may disclose your personal information to related entities or business partners to enable them to tell you about a product or service or in connection with any assignment, transfer or novation performed by the Company. 4. The Company will treat any Client information it holds as confidential, and this information will be used solely in connection with the provision of the services of the Company. Information already made public, or previously held by the Company without the obligation of confidentiality, will not be regarded as such. 5. The Company may disclose Client information including recordings and documents of a private nature in the following circumstances: i. where required by the governing law or a competent Court; ii. where requested by the FSC or any other regulatory authority that has control or jurisdiction over the Company or the Client or their associates or in whose jurisdiction the Company has Clients; iii. where required by relevant authorities to investigate or prevent fraud, money laundering or any other illegal activity; iv. where necessary in order for the Company to defend or exercise its legal rights; v. to the Company’s professional advisors provided that in each case the relevant party shall be duly informed about the confidential nature of such information and commit to the confidentiality herein obligations as well; vi. to credit reference and fraud prevention agencies and other financial institutions for credit checking, fraud prevention, anti-money laundering purposes, identification or due diligence of the Client; vii. at the Client’s request or with the Client’s consent. 6. Telephone conversations between the Client and the Company may be recorded and recordings will be the sole property of the Company. The Client accepts such recordings as conclusive evidence of the Orders/Instructions/Requests or conversations so recorded. 7. The Client accepts that the Company may, from time to time, make direct contact with the Client by telephone, fax, or otherwise. 8. Under applicable regulations, the Company will keep records containing Client personal data, trading information, account opening documents, communications and anything else which relates to the Client, for at least seven years after termination of the Client Agreement.