Data Protection Policy adopted by Redmount Trust Company Limited Gibraltar (the Company)
The Company wishes to provide its clients and other individuals (together the “data subjects”) with total confidence at all times that it operates to the highest levels of confidentiality when managing documentation and information. In providing its services (the “services”) the Company may collect, use, consult, record, store, adapt, transfer or otherwise process a data subjects’ Personal Data. The Company is considered as a ‘data controller` and will at all times act accordingly under the provisions of the data protection laws in force.
The term “Personal Data” refers to the information a data subject provides to the Company in the form of identity documents or copies thereof, proof of address, source of wealth or income and source of funds to be used in the relationship, contact details or other documents or information containing personal information.
Personal Data will only be processed by the Company to discharge its legal obligations under any applicable law related to the performance of the services provided (e.g. anti-money laundering and terrorist financing legislation), the carrying out of activities necessary to perform the agreed services or in order to contact a data subject. Personal Data is only requested by the Company in order to perform one or more of these functions. Any Personal Data provided by a data subject will only be transferred to a third party within or outside the EU to the extent the transfer is necessary to perform the services or to comply with a legal obligation.
In relation to Personal Data which is held by the Company, in accordance with data protection laws a data subject has the following rights: (a) to access a copy of the Personal Data held by a data controller; (b) to request the rectification of the Personal Data in the event of error; (c) to have its Personal Data erased (‘right to be forgotten’) provided that the Company is not under an obligation, howsoever arising, to keep the Personal Data; (d) to ask for the restriction of the processing of Personal Data with the aim of limiting processing in the future; (e) to object at any time to the processing activity; and (f) to have its Personal Data transmitted directly from the Company to another data controller, where technically feasible (‘right to data portability’). These rights are enforceable by a data subject to the extent they are compatible with legal and contractual obligations to which the Company complies.
In accordance with legal and regulatory requirements, the Company will retain Personal Data of a client for a period of five (5) years following the termination of the relationship between the Company and the client. This period may be extended by force of law, regulatory requirement or agreement between the parties.
Where a data subject on which the Company holds Personal Data wishes to make a complaint related to the processing activities of its Personal Data, please address the complaint to:
The Directors, Redmount Trust Company Limited (260 Main Street, Gibraltar)
Tel: (+350) 20048844 E-mail: privacy@redmountgroup.com
If the complaint remains unresolved to your satisfaction, you are entitled to lodge a complaint with:
Gibraltar Regulatory Authority, 2nd Floor, Eurotowers 4, 1 Europort Road, Gibraltar
Tel: (+350) 20074636 Email: info@gra.gi
