Privacy Policy
This policy explains how we collect, use, disclose, and safeguard your personal information when you interact with Credence Capital Corporation.
Last updated: [TODO: date]
Introduction & scope
This document is a template and should be reviewed and finalised by qualified legal counsel before publication.
Credence Capital Corporation Pvt Ltd (“Credence Capital,” “we,” “us,” or “our”) is committed to protecting the privacy of the individuals whose information we handle. This policy describes how we process personal information in the course of providing investment advisory, brokerage and stock trading, and capital raising services, and when you use our website.
As a firm regulated by the Capital Market Development Authority (CMDA) and a member of the Maldives Stock Exchange (MSE), our handling of personal information is also shaped by our regulatory and legal obligations, including those relating to client due diligence and the prevention of financial crime.
Information we collect
The information we collect depends on your relationship with us. It may include:
- Identity and contact details — such as your name, national identity or passport number, date of birth, nationality, address, email address, and telephone number.
- Financial and account information — including source of funds, tax status, bank and settlement details, and transaction and holdings history.
- Due diligence information — documents and records we are required to obtain to verify your identity and assess risk.
- Website and technical data — such as your IP address, browser type, and pages visited, collected through cookies and similar technologies.
We collect information directly from you, from your authorised representatives, and, where permitted, from third parties such as identity-verification providers and public registers.
How we use information
We use personal information to:
- Establish, administer, and service client relationships and accounts.
- Provide advisory, brokerage, and capital-raising services you request.
- Execute, settle, and record transactions and maintain accurate records.
- Meet our legal, regulatory, and reporting obligations, including client due diligence and financial-crime prevention.
- Communicate with you, respond to enquiries, and provide relevant information about our services.
- Manage, secure, and improve our website and operations.
Legal bases / KYC & AML obligations
We process personal information where we have a lawful basis to do so. In most cases this is to perform a contract with you, to comply with a legal or regulatory obligation, to pursue our legitimate business interests in a proportionate way, or on the basis of your consent where required.
As a regulated financial firm, we are subject to “Know Your Customer” (KYC) and anti-money-laundering (AML) and counter-terrorist-financing requirements. We are required to verify the identity of our clients and beneficial owners, understand the nature and source of funds, screen against applicable sanctions and watchlists, and monitor and report suspicious activity. Where such information is required by law, we may be unable to provide services to you if you do not supply it.
Data retention
We retain personal information for as long as necessary to provide our services and to meet our legal, regulatory, and record-keeping obligations. Certain records — in particular those relating to client due diligence and transactions — must be retained for minimum periods prescribed by applicable law and regulation. When information is no longer required, we securely delete or anonymise it.
Security
We maintain administrative, technical, and organisational measures designed to protect personal information against unauthorised access, loss, misuse, or alteration. Access to client information is restricted to personnel who need it for a legitimate purpose. While no method of transmission or storage is entirely secure, we take reasonable steps to safeguard the information entrusted to us.
Your rights
Subject to applicable law and to our legal and regulatory obligations, you may have the right to request access to the personal information we hold about you, to ask us to correct inaccurate information, and to request restriction or deletion in certain circumstances.
Some of these rights are limited where we are required to retain information — for example, to satisfy KYC, AML, or record-keeping requirements. We will respond to legitimate requests in accordance with applicable law.
Contact / data requests
If you have any questions about this policy, or wish to exercise any of your rights, please contact us at info@credencecapitalmv.com, or write to us at Credence Capital Corporation, [TODO: Building / Street], Malé, Republic of Maldives. We may need to verify your identity before responding to a request.