Privacy Policy

Wealth & Asset Management Limited provides trading and investment management services to both individual and institutional investors. Wealth & Asset Management Limited runs the website wam-limited.com

Wealth & Asset Management Limited is dedicated to upholding the legal standards for the protection of personal data of individuals.
All individuals whose personal data the Company may process are covered by the Wealth & Asset Management Limited commitment. Any information pertaining to an identified or recognizable natural person is referred to as "personal data." In regards to this personal data, the Company serves as the controller.

This Privacy Notice or Policy explains the categories of personal information we gather about you when you choose to use our services, how we'll use it, with whom and when we'll disclose it, and how we'll keep it secure. Additionally, it outlines your rights and how to exercise them in relation to how we process your personal information. Please read this policy carefully and comprehend it.

It is vital that you review this Notice periodically for any updates since we could make changes to it. The privacy notice we currently have in effect will apply to any personal information we may have. We will let you know about any changes we make that we think are significant.

Please note that this notice is addressed to clients and potential clients.

When you create an account with the Company, we require you to provide your first and last name, e-mail address, details about your financial status, your residential address, phone number, date of birth, a copy of your national identity card or passport or driving license, a copy of a recent utility bill/bank statement (or similar) as evidence of your residential address, knowledge and experience in trading, risk tolerance and risk profile and other information we may consider necessary to our functions and activities and in order to be in a position and be permitted to provide our services to you.

The Company may not be able to offer a service and/or enter into an agreement with you if you are asked for personal data and refuse to do so; in that event, the Company will let you know.
When you register a trading account with the company, the company will gather the data listed above. The Prevention and Suppression of Money Laundering and Terrorist Financing Act as amended, or AML Law, mandates it (including the passage of time) and that the Company gathers the information required for confirming your identification, creating your financial profile, and maintaining account records. We also use your information to run your trading account, provide customer service, and set up your trading account.

Cookies help us save and gather data about how you use our website. On the hard drive of your equipment, the browser stores little text files called cookies. When you visit our website, they communicate the data that is saved on them to our web server. These cookies give us the ability to set up personalised settings and load your customised preferences to enhance your experience.

In order to comply with our legal and regulatory obligations, if you are a corporate client, we are required to gather information about the legal entity (such as corporate and constitutional documents), as well as additional personal information on the shareholders, directors, and other officers that we deem necessary.

Any discussions with you regarding the services we offer you and our relationship with you, whether they be oral, written, or electronic, may be recorded by us. These recordings will be our sole property and serve as a record of our conversations.

Legal Ground for personal Data processing:

Depending on the precise reason for which we are using your data, we may handle it for one or more legal basis ("Lawful Basis").

The following is the Lawful Basis:

  • to fulfil our contractual commitments
  • to you to adhere to all relevant legal and regulatory requirements
  • to further our genuinely held interests

If one of the aforementioned Lawful Basis does not apply to the use of your personal information, we will ask for your permission before using it. You must willingly grant us this consent, and you have the right to revoke it at any time by contacting us using the information provided in this privacy notice or by unsubscribing from email lists.

How we use your personal data: Client information that the company maintains is to be kept private and confidential by the company and will only be used in connection with the provision, management, and improvement of the Services, anti-money laundering, and due diligence checks, as well as for research, statistical analysis, and marketing purposes. Information that is already in the public domain or that the Company already has in its possession without being under an obligation of confidentiality will not be considered confidential.

The Company has the right to disclose Client information (including recordings and documents of a confidential nature, card details) in the following circumstances:

  1. whenever a competent Court is obligated to do so by law or a court order.
  2. to government bodies and law enforcement agencies as required by law and in response to other legal and regulatory requirements;
  3. to auditors or contractors or other advisers auditing, assisting with, or advising on any of our business purposes;
  4. to payment service providers and banks processing your transactions;
  5. only to the extent necessary and only the contact information to other service providers who build, maintain, or process databases (whether electronic or not), offer record keeping services, email transmission services, messaging services, or similar services that aim to aid the Company in gathering, storing, processing, and using Client information, getting in touch with the Client, or otherwise enhancing the delivery of the Services under this Agreement.
  6. only as necessary, in order to improve the Company’s marketing, to other service providers for statistical reasons; in this instance, the data will be shared in an aggregate form.
  7. Only the contact information will be given, if necessary, to market research call centres that conduct telephone or email surveys in order to improve the services of the Company.
  8. in cases where it is essential for the Company to protect or assert its legal rights before any court, tribunal, arbitrator, Ombudsman, or governmental body.
  9. to anyone who has your permission.
  10. to a company that belongs to the same group as the Company, such as an Affiliate or introducing broker.
  11. to any third-party where such disclosure is required in order to enforce or apply our Terms and Conditions or other relevant agreements.
  12. If the Company decides to sell, transfer, assign, or novate to a third party any or all of its rights, benefits, or obligations under the Agreement with you or the performance of the entire Agreement subject to providing 15 Business Days Prior Written Notice to the Client, this will occur with ten business days prior written notice to the client. This is possible without restriction in the case of a merger or acquisition of the Company by a third party, a reorganisation of the Company, the Company’s dissolution, or the sale or transfer of all or a portion of the Company’s assets to a third party.

The safety of your personal data:

Wealth & Asset Management Limited takes the necessary precautions to provide an increased level of security to guard against the unintentional or accidental loss, alteration, disclosure, or access of any personal information transmitted, stored, or otherwise processed.

The Company implements appropriate technical and organizational measures such as data encryption, access management procedure, clean desk policy, business continuity and disaster recovery, IT systems risk assessment, physical and logical access segregation, process in case of personal data breach policy, etc. Additionally, the Company limits access to the Client’s personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process the Client’s personal data on the Company’s instructions and they are subject to a duty of confidentiality.

Your personal data may be stored electronically or in paper form:

Your personal information may be processed by us so that we can inform you of offers, services, and products that might be useful to you or your company.

Information you give us and data we get when you use our services make up the personal data we process for this reason. This data enables the business to better serve its customers, personalise their browsing experience, and notify them of new offerings that may interest them. In some circumstances, profiling is performed, which means that we automatically process your data with the goal of analysing specific personal qualities in order to give you individualised product marketing material.

We can only use your personal data to promote our products and services to you if we have your explicit consent to do so or, in certain cases, if we consider that it is in our legitimate interest to do so.

Your rights as a data subject:

  • Right of access – You have the right to seek a copy of the personal information we currently have on file for you from us.
  • Right of rectification – You have the right to ask us to amend any incomplete or erroneous personal information we may have about you.
  • Right to be forgotten – You have the right to ask us to delete your personal information from our records in certain situations, as described in the right to be forgotten. In the event that these conditions apply to your situation and given that there is no exemption to this requirement, the Company acting as your controller will remove your personal information from its files.
  • Right to data processing restriction – In some circumstances, you have the right to ask us to limit how your personal data is processed.
  • Right to revoke consent when processing your personal data is based on your consent. However, the processing that was done before you withdrew your consent will still be legal. We might not be able to offer you some products or services if you remove your consent. If this is the case, we will let you know when you withdraw your consent.
  • If your request is clearly unreasonable, excessive, or repetitive, or if you ask for additional copies of the same information, we may charge you a fair price. In this situation, we will send you a fee request that you must accept in order for us to proceed with completing your request. In some situations, we may also decline to abide with your request.

Contacting us about this Policy or making a complaint:

Please get in touch with us using the information provided below if you have any questions concerning the contents of this Policy, wish to inform us of a change or correction to your personal data, would like a copy of the data we collect on you, or would like to make a complaint or criticism.

support@wam-limited.com

Within a month of receiving your request, we will make every effort to respond to you without excessive delay. If it takes us more than a month to complete your request, we will let you know and keep you informed. It should be emphasised that the information provided as a result of exercising your right will be provided at no cost in this regard. Nevertheless, in cases where requests are obviously unreasonable or disproportionate, particularly given their recurrent nature, the Company may:

A reasonable fee that accounts for the administrative costs of providing the desired information, communication, or action should be charged; otherwise, the request should be refused.