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Privacy and Cookie Policy

About us

Velvet Finance Limited, registered at 85 Great Portland Street, Suite 1121, First Floor, London, W1W 7LT, UK, including its affiliates (“VELVET”), is committed to respect your privacy and to comply with applicable data protection and privacy laws.This Privacy and Cookie Policy (Privacy Policy) details the steps we take to protect your personal data used in accordance with your use of www.velvet.li (our site), where VELVET is the data controller. VELVET is registered with ICO under registration number ZA473015.

This policy describes personal data that we process, purposes for which we use such data, and how you can review and correct any personal data processed by us. “Personal data” means information relating to you or another identifiable individual.

By accessing our site, you are consenting to us processing your personal data set out in this Privacy Policy.

Changes to this Privacy Policy

We may occasionally update this Privacy Policy. When we do, we will revise the “last updated” date at the bottom of the Privacy Policy. Please ensure that you frequently check this Privacy Policy for any updates.

Collection of information

We collect your personal data and other information when you use or register into our products and services, or make a payment, take part in campaigns or subscribe to newsletter, or otherwise interact with us.

By visiting our site, we will receive the following persona data from you:

  • E-mail address
  • User name/Login ID
  • Password
  • Name Surname
  • Address

How is your personal data used?

We will use the personal data you provided to us to provide you with our services. Furthermore, your personal data will be used to:

  • verify and identify you;
  • provide you with services and to respond to queries; and
  • contact you if necessary.

With whom is your personal data shared?

We share your personal data with our affiliates in order to provide you our services.

Our products or services may contain links to, or may be embedded within, other companies’ websites and services that have privacy policies of their own. Where our products or services are embedded to products and services of our partners, we require our partners to provide necessary transparency to you.

We may disclose depersonalized data (such as aggregated statistics) about the users of our site in order to describe our traffic patterns and their site information to prospective partners, advertisers, investors and other reputable third parties and to other lawful purposes, but these statistics will include no personal data.

We may occasionally be required by law, court order or governmental authority to disclose certain types of personal data. Examples of the type of situation where this would occur would be:

  • in the administration of justice; or
  • where we have to defend ourselves legally.

Finally, in the event of a reorganization, sales or takeover we may need to disclose personal data.

Your rights

You have various rights in relation to your personal data, including:

  • the right to request information regarding what personal data is processed;
  • the right to have your personal data rectified if inaccurate or out of date;
  • the right to have your personal data erased;
  • the right to object to certain processing or to have certain processing restricted; and
  • the right to have your personal data transferred from one data controller to another.

Please note, these rights are not absolute and there may be conditions which must be met before you can enforce these rights.

Retention

Personal data will be processed no longer than necessary. The retention period may be based on agreements with the Client or Partner, the legitimate interest of VELVET or applicable law (such as laws related to bookkeeping, anti-money laundering, statute of limitations, civil law, etc.).

Use of cookies

Cookies are small files that websites save to your computer, mobile, tablet or to your browser’s memory when you visit a website. They can be used to track the pages you visit on the website, save the information you enter or remember your preferences such as language settings.

You have the ability to accept or decline cookies. Cookies are placed on your device only if you consent, unless cookies are required for strictly technical functioning of the website. However, note that if you choose to decline cookies, certain functions of the website may not function properly or may not function at all.

Why are cookies used?

Cookies are needed to enable us to make our digital services easier for you to use, to show how visitors use our site and to improve the service we offer you. In some cases, the use of cookies means that we process personal data. All personal data processing is in accordance with our policy on handling personal data.

Our site uses session cookies for authentication purposes only and by using our site you consent to us using these session cookies.

This is how you can handle cookies in your browser

If you want, you can delete cookies through the settings on your browser. Please note that some services might not work if you remove or block cookies. It can also affect the rest of our site and how it works for you.

Here's how to manage cookies in your browser:

Security

We are committed to protecting the security of your personal data. We use a variety of security technologies and procedures to help protect your personal data from unauthorized access, use, or disclosure.

Links to other websites

Our site may contain links to other websites. While we try to link only to websites that share our high standards and respect for privacy, we are not responsible for the content, security, or privacy practices employed by other websites.

Contact details

You may contact VELVET with any enquiries, withdrawal of consents, requests to exercise data subject rights and complaints regarding the use of Personal data. Contact details of VELVET are available on VELVET website: www.velvet.li. Contact details of the appointed Data Protection Officer: dpo@velvet.li

Last updated on 21/11/2018