This Policy is in line with Article 24 GDPR (EU) 2016/679, taking into account the nature, scope, context and purposes of processing as well as the risks to the rights and freedoms of natural persons, Apex Cashier has implemented appropriate technical and organizational measures to ensure pursuance to the General Data Protection Regulation (GDPR). This policy stands as the cornerstone to Apex Cashier compliance with GDPR and is reviewed and updated accordingly.This Policy provides data subjects with information on how Apex Cashier collects personal data, what is done with it, and to whom it is shared. This privacy notice has been drafted in compliance with the requirements of the General Protection Regulation, Regulation (EU) 2016/679, (the “GDPR”) and on the basis of the information Commissioner’s Code of Practice on “Privacy notices, transparency and control” and the Article 29 European Commission Guidelines on transparency under the GDPR.It is strongly recommended that you read this privacy notice carefully as your privacy on the internet especially when maneuvering our platform is important to us.
Information collected by us:
In the course of your registration as a client, signing up for an account with Apex Cashier or completing any form on our website, subscribing to our services, news or offers, marketing communications or posting material, the following information about you (“Your Data”) will be collected and stored for administrative, service related and/or legal purposes.
The collection of personal information is limited as to what is necessary to administer our business and carry out our regulated activities in an effort to provide you with quality service, Information that you provide to us directly: Personal information, such as names, addresses, personal registration number, national identification number, passport number and email addresses etc. (“Personal Information”), and some info is optional and conditional depending on the situation such as financial Information, trading experience and employment information for appropriateness assessment will also be collected. However, the meaning of data “provided to” Apex Cashier is not limited to this. Additionally, as standard, client's Email addresses may be used by Apex Cashier in relation to its products and services (including any marketing campaigns related to these products or services). If you do not wish to receive marketing material and communications, you can withdraw at any time by clicking on “unsubscribe” or by sending an email stating so to support@apexcashier.io
The type of data collected and purpose of collection:
The purpose of collecting stated information is to be in compliance with the anti money laundering laws (AML) and other regulatory obligations in relation to Know Your Client (KYC) and client due diligence. To verify your identity using our verification processes. The type of personal information related to the above stated purpose includes: Personal information such as gender, name, date of birth and address, Ethnicity, citizenship and identification number/social security number.
Other additional but related purposes include, to comply with other fraud detection policies. In order to perform our electronic AML screening checks.
Responding to legal requests or preventing harm: The collection of data and personal information to access our platform such as signing the authorization forms protects the company and clients and allows us to respond to legal requests and to prevent harm more effectively. Information collected is accessed, preserved and shared with regulators, law enforcement or others by request. The company responds to legal requests when we have a good-faith belief that the response is required by law in that jurisdiction, affects users in that jurisdiction, and is consistent with internationally recognised standards. A belief from good-faith is necessary to detect, prevent and address fraud, unauthorized use of the services or products, violations of our terms or policies, or other harmful or illegal activity; to protect ourselves (including our rights, property or Products), you or others, including as part of investigations or regulatory inquiries; or to prevent death or imminent bodily harm. For example, if relevant, we provide information to and receive information from third-parties about the reliability of your account to prevent fraud, abuse and other harmful activity on and off our services and or products. Information we receive about you (including financial transactions as data related to deposits and withdrawals) can be accessed and preserved for an extended period when it is the subject of a legal request or obligation, governmental investigation, or investigations of possible violations of our terms or policies, or otherwise to prevent harm. Information from accounts disabled for term violations for at least a year to prevent repeat abuse or other term violations may also be retained.
Keeping your personal information secure Clients' Data is stored and kept confidential according to the legislation on protection of personal data and processing thereof applicable in the jurisdiction in which Apex Cashier with which you have signed up is located. There are appropriate security measures in place to prevent personal information from being accidentally lost, misused, modification, disclosure or accessed in an unauthorized way. Access is limited to your personal information to those who have a genuine business need to know it. Those processing your information will do so only in an authorized manner and are subject to a duty of confidentiality. There are also procedures in place to deal with any suspected data security breach. Which will be notified to you and any applicable regulator of a suspected data security breach where we are legally required to do so.
Legal basis for processing personal dataThe authorized use and collecting of client's personal information is empowered to the company on a lawful basis for processing under EU data protection law, there must be a lawful basis for all processing of personal data (unless an exemption or derogation applies). We rely on: Contractual necessity Processing is necessary for the performance of a contract with the data subject or to take steps to enter into a contract to conduct regulated activities, when processing is necessary for the entry into, or performance of contract with the data subject or in order to take steps at this or her request prior to the entry into a contract. Compliance with legal obligations Processing is necessary for compliance with our legal obligation. Apex Cashier has the necessity for compliance with a legal obligation. Legitimate interest Data will only be processed where it is necessary for the purposes of the legitimate interests pursued by Apex Cashier, and these interests or fundamental rights are not overridden by the interests, rights and freedoms of the data subject and that the processing would not cause unwarranted harm. For instance, it is a legitimate interest of Apex Cashier to process personal data on data subjects in order to expand the business, develop new business relations, prevention of fraud, maintaining the security of our systems if/when necessary, enhancing, modifying or improving our services. The data subject must be given information on the specific legitimate interest if a processing is based on this provision.
Your rights as a client/user:
The General Data Protection Regulation (GDPR) provides a number of important rights if you are resident within the European Union. Some of which includes; the fair processing of information and transparency over how it is used. There is the right to request that your personal data is corrected if it is found to be inaccurate and require us to correct any mistakes in your information which we hold.
Contact us: If you wish to contact us with any queries, concerns or complaints, you can email us at support@apexcashier.io
