Privacy Policy
I. Introduction
At ABFO ADVISORS LLC Multi-Family Office Ltd (referred to as "we," "us," or "our"), we act as the controller of any personal information we collect or receive directly. We are committed to protecting your privacy in accordance with applicable data protection laws. This policy outlines how we handle and protect your personal data, explaining our practices regarding its collection, use, and security. We encourage you to read this policy carefully to understand how your information is managed. If you have any questions or concerns, please refer to the contact details provided at the end of this policy.
This policy applies to information we collect:
• Directly from you, or
• From third parties during the provision of services requested by you.
II. Collection of Personal Information
We collect various types of personal information, some of which may identify you and be classified as personal data under relevant laws. This includes your name, email address, billing information, demographic data, contact details, personal identifiers, and health-related information.
Personal information may be collected through:
• Forms you complete, particularly during your initial interaction with us.
• Copies of any communications between us, such as emails.
III. Use of Personal Information
We use your personal data, including sensitive information, for the following purposes:
• Service Provision: To deliver the services or information requested by you.
• Security and Functionality: To detect, prevent, and address potential fraud, illegal activities, or intellectual property violations.
• Compliance: To ensure compliance with legal obligations and our terms and conditions.
• Additional Uses: As specified at the time of collection or with your explicit consent.
IV. Disclosure of Personal Information
Your personal data is protected, and we only disclose it under specific conditions, such as:
• Affiliates: Sharing data with subsidiaries or affiliates as required for service delivery, customer management, and security purposes.
• Service Providers: Allowing authorized providers like legal consultants, tax advisors, and auditors to access data under data protection agreements.
• Legal Successors: Transferring data during mergers or sales of assets, ensuring the recipient uses the information consistently with this policy.
• Legal Compliance: Disclosing data in response to legal obligations, such as subpoenas, or to defend against legal claims.
V. Storage of Personal Information
Your data may be stored and processed in Cyprus or in other countries where we or our third-party service providers operate. We take appropriate steps to ensure your data receives adequate protection wherever it is processed.
VI. Retention of Personal Information
We retain your personal data for as long as necessary to fulfill the purposes described in this policy or as required by law. For customer management, we retain data as long as you maintain an account with us, with retention periods varying based on legal requirements.
VII. Legal Basis for Processing Personal Information
We process your data based on the following legal grounds:
• Consent: For certain activities like marketing, with the option to withdraw consent at any time.
• Contractual Necessity: To perform services and manage accounts.
• Legal Obligations: To comply with legal and regulatory requirements.
VIII. Security of Personal Information
We employ physical, electronic, and procedural safeguards to protect your data from unauthorized access or disclosure. Access is limited to authorized personnel for specific purposes, and our employees are trained in data handling practices. We continuously improve our security measures in line with the General Data Protection Regulation (GDPR).
IX. Your Choices Regarding Personal Information
You have options regarding how we collect, use, and share your data:
• You may choose not to provide certain information, though this may impact your ability to use our services.
• You can opt out of promotional emails by following the unsubscribe instructions in the communication.
• You can request deletion of your data, subject to legal requirements.
X. Your Rights Concerning Personal Information
Under the GDPR, you have the right to:
• Access your data and know how it’s being used.
• Request corrections to inaccurate information.
• Request deletion of your data (the "right to be forgotten").
• Request portability of your data in a machine-readable format.
• Object to certain types of processing.
• Request restrictions on data usage under specific circumstances.
You can exercise these rights by contacting us via email at info@allmfo.com.
XI. Policy Updates
We may update this policy periodically, with the latest revision date noted in the "last modified" section. It is your responsibility to check for updates, and continued use of our services indicates acceptance of any changes.
XII. Enforcement & Contact
We regularly review our privacy practices for compliance. If you have concerns about how we handle your data or this policy, contact us at info@allmfo.com. If you believe your data rights have been violated, you may file a complaint with the appropriate regulatory authority.
XIII. Third-Party Rights
This privacy policy does not confer any rights to third parties or require us to disclose any additional personal information beyond what is stated here.
XIV. Limitation of Liability
While we strive to adhere to this privacy policy, we cannot guarantee it will always be error-free. If issues are identified, we will promptly take corrective action, though we are not liable for any incidental, consequential, or punitive damages relating to compliance with this policy.
