Notice on Personal Data and Privacy
This privacy notice is issued in pursuant to The Personal Data Act 2010.
Existing clients would have supplied and may continue from time to time, to supply Absolute Financial Solutions Ltd (Absolute) with their personal data and information in connection with an application for any of the products and the provision of services or compliance with any laws or guidelines issued by regulatory or other authorities.
Such personal information that clients have supplied Absolute include personal details such as your name, address, phone number and email address as well as other non-public information including financial, familial and non-familial information. In addition, Absolute may from time to time request other Personal Information that may be relevant for Absolute to consider a request for any other products or services offered by Absolute.
As a client of Absolute,the purposes for which your Personal Information are processed and/or used are asfollows: -
the processing of your application(s) for health and life insurance, savings plans, private investment portfolios and/or related services;
the administrationof the health and life insurance, savings plans, private investment portfolios and/or related servicesprovided to customers including other related services such as managing investments, purchases, withdrawals, surrenders,nomination, credit card authorisation, banking standing instruction, customer service, orphan policy management, and any such process that may be required for a clientof Absolutefrom time to time;
any purpose relating to risk management functions;
updating customers' records;
marketing services or products provided by Absolute;
for investigating, reporting, preventing or otherwise in relation to breach of confidential information, fraud, money laundering, terrorist financing and criminal activities generally;
meeting the requirements to make disclosure under the requirements of any laws binding on and for the purposes of any guidelines issued by regulatory or other authorities with which Absolute are expected to comply;
for any purpose required by law or regulation;
for making enquiries as to whether or not the client or person whose data is collected, used and/or processed by Absolute is actually a sanctioned person, or is otherwise howsoever related to, or associated with, a sanctioned person or entity;
for all other servicing purposes relating to communication via computer, telecommunications and technology services.
All clients' personal information held by Absoluteis/will be kept confidential however Absolute may provideor disclose such personal information to the following parties (whether within or outside Malaysia) for the purposes set out above (who may also subsequently process, transfer and disclose such personal information for the purpose(s) described above):
To third party service providers, suppliers and vendors;
To comply with all applicable laws, rules, regulations, guidelines and/or other legal requirements;
To litigate, defend or respond accordingly to queries involving regulatory and non-regulatory bodies.
If you wish to access, update or change your personal information, please write/email us at the address below; we will however before allowing such access or making such changes, request verification of your identity or other details to help us address your request appropriately. You may also write to us to request for information regarding Absolutes policies and practices and the types of personal information held by Absolute
Your continued usage of our services is deemed consent for Absoluteto process your personal information for all the purposes as described above. You may choose not to give your consent or to limit your consent for Absolute to process and retain your personal information by contacting us at the email below or through your financial adviser. If you choose not to give Absolute your consent, you may not be able to take full advantage of all the products and services offered by Absolutethat depend on personal information.
If you have any queries or complaints relating to this notice to clients or otherwise relating to the misuse or suspected misuse of your personal information, you may contact:
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