IFP Data Privacy Statement

Introduction

The purpose of this notice is to provide you with information on our use of your personal data in accordance with the Data Protection Law, 2017 (the "DPL").
In this document, "we", "us" and "our" refers to International Financial Planning (Cayman) Limited and its or their affiliates and/or delegates.

Your Personal Data

We act as an intermediary for a number of international investment companies and fund managers with whom we have entered into agency agreements (each, a "Product Provider"). By virtue of making an investment through us and your associated interactions with us (whether past, present of future), you will provide us with certain personal information which constitutes personal data within the meaning of the DPL. In our use of your personal information, we will be characterised as a "data controller" for the purposes of the DPL. Our affiliates and delegates may act as "data processors" for the purposes of the DPL.

Who this Affects

If you are a natural person, this will affect you directly. If you are a corporate investor (including, for these purposes, legal arrangements such as trusts or exempted limited partnerships) that provides us with personal information on individuals connected to you for any reason in relation to your investment through us, this will be relevant for those individuals and you should transmit this document to such individuals

Details of where we collect personal information from

Details of the information we will collect

In most cases, we do not collect any “sensitive” personal information about you. Sensitive personal data includes:

However, we may be required to keep on record information relating to criminal behavior, Politically Exposed Persons and Sanctions to comply with the Anti-Money Laundering, Terrorist and Proliferation Financing legislation to ensure that we can prevent and report any suspicious activity.

Purpose for collecting this information

We gather this information to:

Change of purpose

We will only use your personal information for the purposes for which we collect it, or where it is necessary for the purposes of our legitimate interests and such interests are not overridden by your interests, fundamental rights or freedoms. If you wish to have a more detailed explanation as to what we use your personal information for, please contact us.
Please note that we may process your personal information without your knowledge or consent, where this is required or permitted by law.

Sending information overseas

Your personal information will be provided to the relevant Product Provider. These may include certain entities located outside the Cayman Islands or the European Economic Area. The Product Providers will process your personal information for their own lawful purposes in connection with the financial product provided to you.

We also use selected third party service providers based outside of the Cayman Islands and will transfer your personal information to establish, service and maintain your financial product.

Where we make a transfer of your personal information outside of the Cayman Islands we will take the required steps to ensure that your personal information is protected. This will include placing the party we are transferring information to under contractual obligations to protect it to adequate standards.

Your duty to inform us of changes to your personal information

It is important that the personal information we hold about you is accurate and current. We also have obligations under the law to maintain up to date identity information. Please inform us of any changes to your personal information during the period of our relationship.

Personal Information retention period

We will only store your information for as long as is necessary for the purposes for which we process the information as set out in this document and to comply with our regulatory and/or legal obligations. Our maximum retention period is five years after the end of our relationship with you, to comply with applicable legal requirements.

If you decide not to purchase a financial product through us, with your consent, we will retain your information for a period of up to three years to enable us to service your needs if you were to change your mind.

Your Rights

You have certain rights and responsibilities under the DPL as summarized below. Further detailed
information can be found on the Cayman Island’s Ombudsman’s website https://ombudsman.ky. Such rights include:

We do not envisage that any decisions will be taken about you using fully automated means, however we will notify you in writing if this position changes.

Protection of your personal information

We have put in place appropriate security measures to prevent your personal information from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal information to those employees, agents and other third parties who have a business need to know. They will only process your personal information on our instructions and they are subject to a duty of confidentiality.

We have a number of organisational and technical security measures in place to prevent fraud and cybercrime.

We will restrict internal access to your information to only those that need to know to perform the purposes laid out above. Our staff are trained on our responsibilities around information security, fraud prevention and privacy obligations annually.

Tools such as firewalls, anti-virus software and malware protection are used across the business. Our internal procedures cover the storage, access and disclosure of your information.

We shall notify you of any personal data breach that is reasonably likely to result in a risk to your interests, fundamental rights or freedoms.

Cookies policy

Cookies are text files placed on your computer to collect standard internet log information and visitor behavior information. When you visit our website we may collect information from you automatically through cookies or similar technology. Further information can be found at https://www.allaboutcookies.org/.

Our cookies policy can be found here http://ifp.ky/privacy.

Changes to our privacy policy

Our Company keeps its privacy policy under regular review and will place any updates on this website. This privacy policy was last updated 1st October2019.

How to Contact us

If you have any questions about Our Company’s privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us.

Email us at: enquiries@ifp.ky
Call us: +1 (345) 769 5352
Or write to us at: PO Box 10225, Grand Cayman KY1-1002, Cayman Islands

How to contact the Supervising Authority

Should you wish to report a complaint or if you feel that Our Company has not addressed your concern in a satisfactory manner, you may contact the Cayman Islands Office of the Ombudsman.

Email: info@ombudsman.ky
Call: +1 345 946 6283
Or write to: PO Box 2252, Grand Cayman KY1-1107, Cayman Islands