GDPR Compliance

Last updated: January 2024

Our Commitment to GDPR

finovault-tec is committed to complying with the UK General Data Protection Regulation (UK GDPR) and the Data Protection Act 2018. This page explains how we meet our obligations and how you can exercise your rights.

Data Controller

finovault-tec acts as the data controller for personal information collected through our website and services. This means we determine the purposes and means of processing your personal data.

Contact details:
finovault-tec
47 Commerce Street
London, EC2A 4QR
United Kingdom
Email: [email protected]

Lawful Bases for Processing

We only process personal data when we have a valid lawful basis. The bases we rely upon include:

• Consent: You have given clear consent for us to process your personal data for specific purposes. You may withdraw consent at any time.
• Contract: Processing is necessary to perform a contract with you or to take steps at your request before entering a contract.
• Legitimate Interests: Processing is necessary for our legitimate business interests, balanced against your rights and freedoms.
• Legal Obligation: Processing is necessary to comply with applicable laws and regulations.

Your Rights Under GDPR

The UK GDPR provides you with the following rights regarding your personal data:

Right to Be Informed

You have the right to know how we collect and use your personal data. Our Privacy Policy and this GDPR page fulfil this requirement.

Right of Access

You can request a copy of the personal data we hold about you. This is known as a Subject Access Request (SAR). We will respond within one month of receiving your request.

Right to Rectification

If the personal data we hold about you is inaccurate or incomplete, you have the right to have it corrected. We will respond to rectification requests within one month.

Right to Erasure

Also known as the right to be forgotten, you can request that we delete your personal data in certain circumstances, such as:

• The data is no longer necessary for the purpose it was collected
• You withdraw consent and there is no other legal basis for processing
• You object to processing and there are no overriding legitimate grounds
• The data has been unlawfully processed

Right to Restrict Processing

You can request that we limit how we use your personal data while we verify its accuracy or consider your objection to processing.

Right to Data Portability

Where processing is based on consent or contract and carried out by automated means, you can request your data in a structured, commonly used, machine-readable format.

Right to Object

You have the right to object to processing based on legitimate interests or for direct marketing purposes. We will stop processing unless we can demonstrate compelling legitimate grounds.

Rights Related to Automated Decision Making

You have the right not to be subject to decisions based solely on automated processing that produce legal or similarly significant effects. We do not currently use automated decision-making in our services.

How to Exercise Your Rights

To exercise any of these rights, please contact us at [email protected]. We will respond to your request within one month. In complex cases, we may extend this by two additional months, but we will inform you within the first month if this is necessary.

We may need to verify your identity before processing your request. We will not charge a fee unless your request is manifestly unfounded or excessive.

Data Protection Principles

We adhere to the following data protection principles:

• Lawfulness, Fairness, and Transparency: We process data lawfully and openly
• Purpose Limitation: We collect data for specified, explicit, and legitimate purposes
• Data Minimisation: We only collect data that is necessary
• Accuracy: We keep personal data accurate and up to date
• Storage Limitation: We retain data only as long as necessary
• Integrity and Confidentiality: We protect data through appropriate security measures
• Accountability: We can demonstrate compliance with these principles

International Data Transfers

We primarily store and process personal data within the United Kingdom. If we need to transfer data outside the UK, we ensure appropriate safeguards are in place as required by data protection law.

Data Breach Procedures

We have procedures in place to detect, investigate, and report personal data breaches. Where a breach is likely to result in a high risk to your rights and freedoms, we will notify you without undue delay.

Complaints

If you are not satisfied with how we handle your personal data or respond to your request, you have the right to lodge a complaint with the Information Commissioner's Office:

Information Commissioner's Office
Wycliffe House
Water Lane
Wilmslow
Cheshire SK9 5AF

Website: ico.org.uk

Updates to This Information

We may update this GDPR information from time to time to reflect changes in our practices or legal requirements. Please check this page periodically for updates.