Danesmead Privacy Notice
This notice sets out details of how and why we (“Danesmead”, “we”, “us”, “our”) and third parties collect and process personal information in connection with your relationship, or directorships with principals provided by Danesmead, or associated interactions with us. We do this in compliance with our obligations under the Cayman Islands Data Protection Law (“DPL”). This notice explains what personal data is collected, the purposes for which it is used, the third parties to whom it may be disclosed and how individuals can exercise their rights in relation to their personal data.
This notice applies to the collection and processing of personal information relating to individuals associated with you, such as directors, shareholders, trustees, beneficial owners, employees, representatives, agents, professional advisers and other personnel. References to “you” and “your” mean the relevant individuals who are the subjects of the personal data to which this notice relates or you. You should ensure that this notice is provided to any individual whose personal data has been provided to us as soon as practicable.
Danesmead receives and processes personal data collected as part of your engagement with us or associated interactions with us. Danesmead may engage third party service providers to process such personal data on its behalf and those third parties act as Data Processors as defined under the DPL.
Personal Data that we Process
Danesmead collects personal data relating to you that is provided to us as part of our due diligence process, both from you and from public sources and in connection with our dealings with you or associated interactions with us, including your name, signature, postal address, email address, fax number, date and place of birth, nationality, curriculum vitae, bank account details, source of funds details, tax identification, credit history, signatures, other contact details, shareholder register, account numbers (or functional equivalent) and transaction details.
We may also collect personal data in relation to you in connection with ensuring compliance with our legal obligations including your tax or social security ID number or equivalent; passport number; utility bills, photographic identification and verification such as copies of your passport, passport number, drivers licence and address verification. For the purposes of meeting our legal obligations or carrying out due diligence, we may also collect information relating to your status as an ultimate beneficial owner of an entity, or as a politically exposed person.
We may collect and process personal data relating to you in connection with our on-going relationship with you, such as via correspondence and calls, and in connection with the administration of our relationship with you. Telephone calls with you may be recorded for the purposes of record keeping, security and training.
In addition, we may collect personal data relating to you from third party sources in connection with complying with requirements relating to anti-money laundering, taxation, and other legislation applicable to the financial services industry or for vetting or screening purposes or fitness and probity assessments or references from previous employers.
How we obtain your personal information
We collect information from you as part of our client on-boarding take on processes as necessary in the course of establishing a relationship with you. We gather information about you when you provide it to us, or interact with us directly, for instance engaging with our staff. We may also collect or receive information about you from other sources, such as keeping the contact details we already hold for you accurate and up to date using publicly available sources.
Purposes of Processing and Legal Basis
Personal data that you provide, or that we otherwise obtain in relation to you, will be processed for the following purposes:
The legal grounds that we rely on to process your personal data are:
Recipients of Data
Your personal data may be disclosed to various recipients in connection with the above purposes, including:
Marketing and other emails
We may use a relationship management tool, where permitted by applicable law, to track and record the relationship between Danesemad and our clients or potential clients based on the frequency of email contact between them. We use that information in order to assess, analyse and improve the services that we provide.
If you receive marketing communications from us and no longer wish to do so, you may unsubscribe at any time by clicking the unsubscribe link at the bottom of all marketing e-mail communications.
Meetings, events and seminars
We also collect and process personal information about you in relation to your attendance at our offices or at an event or seminar organised by Danesmead or its business partners. We will only process and use special categories of personal information about your dietary or access requirements in order to cater for your needs and to meet any other legal or regulatory obligations we may have. We may share your information with IT and other service providers or business partners involved in organising or hosting the relevant event.
We will retain your personal data for the duration of your relationship or, for such a period of time after the relationship, directorship ends as is necessary to comply with our obligations under applicable law and, if relevant, to deal with any claim or dispute that might arise.
You have the following rights, in certain circumstances and subject to applicable exemptions, in relation to your personal data:
Changes to this Privacy Statement
We reserve the right to change this Privacy Notice from time to time at our sole discretion. If we make any changes, we will post those changes here and update the “Last Updated” date at the bottom of this Privacy Notice. Your continued use of this website after we make changes is deemed to be acceptance of those changes, so please check this Privacy Notice periodically for updates.