Privacy Policy
Last update: 30/9/22
We (referred to as "We", "Us" or "Our") are dedicated to protecting your personal information in addition to your privacy.
This Privacy Statement aims to notify you about how we gather and store the details you submit via the Lumi Accord site (the “platform”).
These tenets will be upheld: .
- To clearly explain the handling and gathering of your personal data:
We aim for you to be well-informed when it comes to making decisions about how personal data is used and processed. This is why our website exists. To achieve this, we utilize various strategies and protocols to deliver pertinent details regarding the handling of personal data.
Should we determine that specific information is necessary, we'll share the details with you at the designated time and date.
We are glad to address any inquiries you might have and offer explanations needed regarding legal limitations. Feel free to contact us via email at the following address: info@ Lumi Accord .com .
- Private information will solely be utilized for the aims outlined in the policy.
We may handle your Personal Data for various objectives, such as providing the website to you, linking you with external trading platforms (the 'Services'), enhancing the site, safeguarding our rights and interests, supporting the upkeep and delivery of services, fulfilling any legal or regulatory duties, and managing administrative and business operations to aid the services' usage and provision.
We also handle personal information to gain a clearer understanding of your likes and requirements.
- Utilize crucial instruments to safeguard your rights concerning personal data.
To facilitate your rights, we have ample resources available. Reach out to us anytime to inquire about your Personal Data. We can adjust or erase it, discontinue its use for certain or all purposes, or transfer the data to you or a third party. Rest assured, your requests will be handled.
- Protect your private information:
Although we cannot fully assure the absolute safety of your personal information, we promise to continuously utilize a range of strategies and measures to keep your personal information secure.
Our confidentiality and protection policy is comprehensive.
1. The Scope?
This policy outlines the categories of personal data collected from individual persons by the company and details the methods of handling it, sharing it with external parties, safeguarding processes, and more.
This Policy pertains to data connected to an identifiable or identified living individual. An identifiable individual is one who can be recognized directly or through a combination of other accessible information available to us.
The Policy describes "processing" as a method involving the utilization or collection of personal data. It encompasses the administration, organization, and storage of personal data.
Our offerings cater to a general audience and are not meant for individuals below 18. We do not intentionally collect details from those under this age. We also do not knowingly permit such individuals to access our services. Should we become aware of any underage data, we will promptly delete it.
2. What information do we possess about you?
When you use our platforms and services or browse our site, we gather your personal information. We might ask for your details on certain occasions. Other times, we collect your data by scrutinizing how you utilize our services and channels or from information provided by our third-party affiliates.
3. You are not obligated to provide the company with personal details or the resulting effects.
However, you are not required to give us any personal information. Yet, under some conditions, you might choose not to share personal details with us. This might limit our ability to deliver services or restrict users from accessing the website.
4. What types of personal details can we collect? Upon accessing our site, we gather the following personal data of yours:.
This encompasses data about your online activities, including details on your traffic (such as the IP address, date accessed, time accessed, and the date again), the language choice, error logs, the type of browser used, and details about the device you used. The gathered data is not personal and cannot be utilized to identify you.
Personal Information We obtain from you: Any personal details you voluntarily provide to Us when you engage with a third-party online trading platform through Us.
Details you give expressly to third-party sites for transactions: this data includes your full name, residence, contact number, and email.
5. The lawful foundation and justifications for the handling of personal information.
The company handles your personal data for the objectives outlined in this part, according to the applicable legal framework.
Without a lawful foundation, the company cannot utilize personal data about you. The legal justifications the company can employ to handle your personal data are as follows:
- You have agreed to the handling of your personal information for one or more purposes. This applies when you provide personal data on the website so we can share them with a third-party trading platform.
- The organization or a third party might need to handle data to fulfill their justified interests. For example, this may involve enhancing our offerings or protecting against legal challenges.
- Compliance is required to fulfill a legal duty.
Reach out to us by email to obtain further information about the procedures required to protect the lawful interests.
Here is a catalog of justifications and lawful bases for which we might utilize the data you furnish us. Personal information.
At your request, share your private data with external entities to obtain access to online trading.
Upon your request, we might gather your personal information to share it with external organizations.
You've agreed to the handling of your personal information for one or several purposes.
To address your inquiries, questions, or issues, personal information is needed to assist you with any concerns you may have about the services.
The justified concerns of the company or those of another party require handling.
For compliance with any statutory or regulatory obligation, personal data is handled to fulfill the legal obligations in Singapore.
Processing is necessary to fulfill legal requirements and ensure compliance.
To Improve Our Offerings Personal Data might be utilized by us to enhance Our Offerings. This encompasses, among other aspects, any error or malfunction reports we gather concerning the offerings.
The valid interests of the organization or a third party's needs require handling.
To Prevent Abuse and Exploitation of Our Services
To execute and oversee activities aligned with the expectations of our offerings, these include administrative tasks, growth initiatives, strategic planning, control frameworks, and similar functions.
The genuine concerns of the organization or those of another entity require handling.
For decision-making on various matters, we utilize a range of analyses, including statistical techniques, applying diverse analytical methods.
The valid concerns of the organization or the rights of another entity must be handled.
To Protect Our Properties, Entitlements, and Interests, Alongside Those of External Parties, We Have Developed HTML0 to Establish and Uphold Legal Claims. We May Process Personal Data to Protect Our Rights, Interests, and Properties, or Those of External Entities, in Accordance with Any Relevant Laws, Regulations, or Agreements and Any Conditions, Terms, or Policies.
The company's justified interests or those of another entity require handling.
6. Dissemination of Personal Information to External Parties.
The organization can also share personal information with external firms that provide services, such as storage and hosting solutions, IP address details, and analysis of user interactions.
You may request us to disclose your specific personal information to external trading networks. In such cases, we will share the data you submit with these third-party trading networks. Their privacy guidelines will govern how your data is used. Your personal data might be distributed to several trading networks.
The organization might share personal information with affiliated groups or business collaborators. This action can supply the organization with the necessary tools to enhance and develop the offerings and services it delivers to its clients.
Should it become necessary to protect the interests of other parties or the assets, The Company may share personal information with regulatory bodies, local entities, or official authorities.
Additionally, we might also disclose your personal information to prospective investors, purchasers, or creditors of the company, or any affiliate within the corporate group, if a similar transaction occurs (including asset transfers or sales associated with the company or any affiliate in the group) or as part of any merger, restructuring, consolidation, or bankruptcy involving the company or another entity within the group.
7. Third-party cookies and services.
External providers, like those supplying ads on our site or analytics firms, may be engaged. These entities might also employ cookies or other technologies.
Each time you visit or access a website, small text data files called cookies are stored on your device. These cookies are intended to collect details about your preferences and browsing behaviors, enhancing your experience, recording your choices, and personalizing products and services you may like. Additionally, cookies are used for statistical analysis and data insights.
Some cookies we employ are session cookies. These are briefly saved on your gadget and will expire shortly after you close your browser. Other cookies are known as persistent cookies. These stay on your device for a time after browser closure. They help the website recognize you upon your return and allow users to revisit the site.
Types of cookies:
They might be utilized by us according to their intended function:
Cookies are essential beyond doubt.
These cookies are essential for enabling your access to the features you’ve requested and for moving through our site. Cookies deliver the data, products, and services you have requested from us.
They are essential for your device to access and stream information. This enables you to move around the site, use its functions, and revisit pages you’ve already visited.
Cookies gather personal information, like your username, alongside the most recent login date to verify your access to the website.
They disappear after you shut down your internet browser (session cookies).
Performance cookies.
Cookies help identify you whenever you access our site and retain your settings and choices.
They remain valid up until their expiration date and are retained even after the browser shuts down.
Cookies for optimization.
Cookies are employed to collect data for evaluating the site's effectiveness and to assist in its improvement. They also enable us to perform analysis on our platform.
Cookies retain data that is anonymous and isn't linked to any identifiable or identified individual.
They can be cleared once you exit your browser. Other cookies remain valid indefinitely.
Cookies are obstructed, or eliminated.
To disable or delete cookies, adjust your browser's configurations. Below are some links to assist you with the procedure for several popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Nevertheless, it is important to note that some or all of the site's capabilities and functionalities may not work as you anticipate if this occurs.
DIGITAL MONITORING NOTICE
This platform does not currently accommodate do-not-track requests.
8. The Preservation of Your Personal Information.
The Company intends to keep your personal data for as long as necessary to achieve the purposes outlined in this policy or for extended durations as allowed by laws, regulations, company guidelines, and applicable directives.
We’ll disclose your details to third-party trading platforms for a 12-month duration. Upon your consent, we’ll continue sharing your data for an additional 12 months.
We consistently assess the Personal Data we retain to verify that it's still necessary.
9. Transmissions of personal data to an external nation or a global entity.
Your personal data might be moved to different nations, meaning it could be sent to a foreign state beyond your residence or to global bodies. Global Institutions or Regions. The company takes every critical measure to safeguard the personal information you supply, ensuring that those handling your data can uphold their rights and pursue effective legal remedies.
All individuals residing in Singapore have access to these protective measures and safeguards.
- Transfer to a third nation or global entity that Singapore has recognized as providing sufficient protection for personal data shared with it, in line with article 45 (3) of Regulation 2016/679 of the European Parliament and the Council dated 27 April 2016 (the “GDPR”).
- The transaction occurs under a legally binding and enforceable contract between governmental entities or agencies in line with Article 46 (2) (a) of Singapore.
- The data transfer adhered to standard privacy protection terms sanctioned by the Singapore authorities, in line with Article 46 (2) (c) of the GDPR. These terms, approved by Singapore's authorities, can be accessed at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The organization can detail the protective protocols it uses to secure your personal information shared with external countries or global entities. Please reach out via email to contact@wealthwaydigital.sg.
10. Safeguarding Personal Information 1. Recognize key terms and expressions in the initial passage. 2. Discover appropriate alternative phrases or words. 3. Reformulate the sentences to alter the framework while retaining the initial length and sense. - Limitations: - Verify the modified text matches the original's length. - Employ varied vocabulary, expressions, and syntactical forms to ensure novelty. - Preserve the original intent and context. - Refrain from employing unsuitable synonyms. - Guarantee grammatical accuracy and coherence in the new text.
We have implemented suitable organizational and technical measures to protect personal data. This involves preventing accidental or unlawful destruction, loss, or alteration of personal data.
We cannot assure or promise that the protection of your personal information will be flawless. Similarly, we are not liable for any indirect, incidental, or consequential damages resulting from the handling or exposure of your personal data. Although this encompasses, it is not confined to, any disclosure of personal information due to transmission mistakes, unauthorized access by others, or any other factor beyond our control.
Should we face legal duties or obligations outside our control, we may need to disclose your personal information to entities such as public authorities in Singapore. We are unable to govern how these third parties secure your personal data in such instances.
Personal information cannot be sent over the web in a fully secure manner. The Company cannot guarantee the protection of the personal data you send to us online.
11. Links directing to external sites managed by third-party platforms.
The website offers links to external sites and apps, which are not managed by the company. We are not liable for how these sites or apps collect or handle personal information. This Policy does not apply to activities conducted through those sites or apps.
Before engaging with any third-party platforms we suggest, it's important to review their privacy policies before deciding to use their services. We also advise providing them with your personal information.
12. Changes to this Statement.
This Policy may be altered at any time. Should we revise this policy, you will be informed of the updates by posting the new version on our website. Moreover, when we apply significant changes to this policy, we will try to notify you through methods we consider suitable and will announce it on our website. Any changes, unless specifically stated otherwise, will take effect following the posting of the updated policy.
13. Your entitlements regarding your personal data
You have the right to ask us to confirm the correctness of personal data collected about you, correct any errors, and erase any unnecessary personal data. You are also able to limit the range of personal information processing activities.
For those residing in Singapore, kindly visit this webpage: .
These entitlements are available to you concerning the details you share regarding your personal information. You can apply to utilize your entitlements by sending an email to the address provided below.
Access rights
The organization can confirm the correctness of the personal information processed about you. If accurate, you have the right to access your personal information.
The organization aims to provide a digital version of the personal information being handled and may impose a reasonable fee for any extra copies. If requested, the data will be delivered digitally.
The entitlement to obtain personal data must not clash with others' rights and liberties. If a request harms these rights or freedoms, the organization may deny the request or restrict its ability to satisfy it.
Entitlement to amendment
The organization has the right to amend incorrect personal information. You have the right to request the correction of any inadequate personal information about you, considering the purpose of processing.
Right to Erasure
The following justifications are relevant: (a) Personal data is no longer necessary for the intended purpose for which it was obtained or processed; (b) You retract consent and there is no legal foundation for processing; (c) You object at any moment, due to a condition specific to you, to data processing based on legitimate interests pursued by us or a third party; (e) Personal data is processed unlawfully or (f) Data must be erased to comply with the company's legal requirements.
This right does not apply if processing is essential (a) to meet a legal requirement under Singaporean law or mandates, or (b) to establish, pursue, or protect legal claims.
Limitations on processing
If you have worries about the precision of your personal data, you can request that the company restricts how your data is processed.
When you request that personal data be limited, it can only be maintained with your permission or for initiating, exercising, or defending legal claims, safeguarding another person's rights, or when there is a significant reason of public importance within Singapore or a member state.
Entitlement to data transferability.
If an automated system executes the process and it's centered on your agreement or a contract you are part of, you possess the legal entitlement to access and review the personal data you submitted to the company.
You have the right to request that your personal information be transmitted directly from the business to another data handler, if this is technically possible. Exercising your data portability rights does not alter your rights under the right to deletion. Transferring data does not infringe upon the freedoms or rights of others.
Right to challenge
You have the right to object to the processing of your personal information whenever it's based on the legitimate interests of our company or a third party. This includes acts of profiling relying solely on such interests. If we demonstrate compelling reasons to process your personal data, we will proceed only if you cannot prove these reasons outweigh your rights, freedoms, or interests, or the exercise, establishment, or defense of legal claims.
Regarding direct marketing, you have the entitlement at any moment to object to the handling of your personal information.
Privilege to decline permission.
You can withdraw your permission for us to handle your personal details at any time. This action won't affect the legality of processing done based on your consent prior to the revocation.
You have the right to submit a grievance to the body overseeing you.
You can file an appeal to a regulatory body established by a member state to protect individuals' fundamental rights concerning the handling of personal data within Singapore.
Singaporean laws and government regulations might restrict your entitlements regarding your personal data, as specified in section 13 here.
We shall furnish the information you have requested, adhering to the entitlements outlined in section 13 of this contract, within 30 days of receiving your inquiry. The deadline may be prolonged to a maximum of 60 days, contingent upon the complexity and volume of requests. Within a month of receipt, we will inform you about any delay and provide the reasons for it.
Provided it aligns with section 13's stipulations, details you seek under section 13 will be provided at no cost. Should the inquiry be unwarranted or overly demanding, particularly if repetitive, a fair fee may be applied to cover administrative costs for delivering the information or fulfilling the request. We also reserve the right to decline action.
Should there be uncertainty about who the genuine individual submitting your application is, the firm may request additional details.