Privacy Policy

Your privacy is important to us at Flexi Bet and its subsidiaries provide amongst other services, licensing, compliance, payment solutions and online marketing to clients and their companies and is the recipient of personal data (as that term is defined below) during the course of the provision of corporate and administrative services to you or to your companies.

Flexi Bet, is legally obliged to collect personal data from its clients which constitutes a ‘legal obligation’ as that term is defined under the GDPR legislation. As such, the collection of personal data by Flexi Bet is not only permitted but also compulsory by law in Flexi Bet’s regular course of business.

By virtue of the EU legislation pertaining to the processing of personal data (the “GDPR Rules”) you are entitled to a number of rights and entitlements, including the right to be fully informed about the use and collection of your personal data. This Privacy Policy covers how Flexi Bet collects, uses, discloses, transfers, and stores information.  Please take a moment to familiarize yourself with these privacy practices and email info@betconsultant.net if you have any questions.

This policy may be amended at any time by posting a revised version at www.betconsultants.net. The revised version will be effective as of the time it is posted.

General Data Protection Regulations:

 The General Data Protection Regulations (GDPR) is the new regulation being brought into the EU to introduce greater control over the use of personal data. The underlying principles of GDPR are similar to existing Data Protection legislation. However, the GDPR contains more specific requirements for the use and protection of personal data than existing legislation. Under the GDPR, personal data is defined as: “any information relating to an identified or identifiable natural person (‘data subject’); an identifiable natural personal is one who can be identified, directly or indirectly, in particular by reference to an identifier such as a name, an identification number, location data, an online identifier or to one or more factors specific to the physical, physiological, genetic, mental, economic, cultural or social identity of that natural person”. We are required to notify you with the following information regarding the processing of personal information relating to you.

Who we are:

Flexi -Bet and its subsidiaries (“Flexi”) are a “data controller” of the personal information we hold for the purpose of the GDPR and may process your personal data. Flexi offer Licensing, Compliance , online marketing and banking services. More information relating to the services offered can be found in our Services Section.

Purpose of processing your data:

Due to the nature of our services and responsibility placed upon us when providing our services, we collect and process personal data mainly in order to: Perform our obligations in accordance with any contract that we may have with you. Fulfil our legitimate interest to process personal data Carry out our legal obligation to use your personal information to comply with any legal obligations imposed upon us. For the purposes of compliance with our legal obligations (such as record keeping obligations), compliance screening or recording obligations (such as under antitrust laws, export controls, trade sanction and embargo laws, for anti-money laundering, financial and credit check and fraud and crime prevention and detection purposes), which may include automated checks of our clients ‘contact data or other information our clients have provided us with in order to ensure that such a client is not on an applicable sanctioned-party lists. To provide updates, reminders, requests and directions relevant to the legal duties we have undertaken towards our clients and in compliance with the laws. To protect the security of communication systems, websites and other systems, and to detect security threats, fraud or other criminal or malicious activities against our office or our clients.

Information that we collect:

 Personal data is defined in the GDPR as any information relating to an identified or identifiable natural person. The following non-exhaustive list includes the types of personal data that we may collect about you and, in some circumstances, your spouse, civil partner, partner or dependants:

• full name, address and contact details;
• date of birth;
• gender; marital (or relationship) status;
• National Insurance Number / Tax Identification Number;
• passport number;
• details of bank account;
• The source of your wealth.

Any other type of personal information that you voluntarily choose to provide to us or we may be required to obtain in the course of our professional capacity.

Categories of personal data:

Information and documentation relating to your identity, location, family, employment background and financial details; Recorded telephone calls; We may obtain some of this information from your advisors or agents if we hold your permission to do so; and Information may also be obtained from sources available in the public domain.

Telephone call recording:

Flexi Bet and its Subsidiaries may have a legal obligation to record telephone calls in certain circumstances and use a secure telephone call logging software to record, store and archive those telephone calls. Therefore, please note that calls may be recorded for training, quality, and regulatory purposes.

Consequences of non-provision of your personal data:

Personal Data is received by our office on a voluntary basis and upon request from us on the basis of us being in compliance with the laws of the Republic of Cyprus. Where however clients may refuse to provide us with the personal data requested by our office we shall not be able to provide any services because we are legally required to adhere to compliance screening or require such data in order for us to process the instructions or otherwise to provide our clients with our services.

Recipients of your personal data:

From time to time and if you instruct us to do so, we may share your data with: Professional advisors such as lawyers, accountants, financial advisors;

Other financial institutions such as banks, insurance and investment companies;

Tax authorities and regulators for reporting purposes;

Third party risk intelligence agencies for the purpose of KYC screening and due diligence.

Government or regulatory authorities including for anti-money laundering (AML), conflict, reputational and financial checks

Will your data be transferred inside/outside of the EU?

Only in   the circumstances described above.

How will it be protected whilst in transit and where can I obtain further details?

Data will be encrypted and/or password protected.  Further details can be obtained from www.betconsultants.net

How long will the data be retained?

In accordance with jurisdictional legislation.

Your rights:

To be informed about how we use your personal data; To access your data; To have your data rectified promptly if it is inaccurate or incomplete; To have your data erased in specific circumstances; To restrict processing; To object to processing of your data; To portability of your data so that you can obtain and reuse your data; and To prevent automated decision making and profiling. Withdrawing consent: If you wish to withdraw your Consent to process data, you can do so in writing, but such a withdrawal may affect the way in which we deal with you and/or any related entities. Please note that we are contractually obliged to retain certain information in accordance with legislation.

Complaints:

If you wish to make a complaint, please contact Flexi’s DPO (info@betconsultants.net) or, if you prefer to complain to a higher authority, please contact your local data protection commissioner.

What about Cookies?

Cookies are small pieces of data that are transferred to your computer’s hard drive through your Web browser from our Web Server. A cookie cannot read data from your hard disk or read cookie files that may have been created from other sites https://www.betconsultants.net/ website utilizes cookies as a means of providing personalization features to our visitors.

For example, we utilize cookies to remember settings (background music selections, wallpapers preferences, etc.) that you may have made at our website. You can choose whether to accept cookies by changing the settings of your browser. Typically, by accessing the browser’s help feature you can obtain information on how to prevent your browser from accepting all cookies or to notify you when a cookie is being sent. If you choose not to accept these cookies, your experience at our website and other websites may be diminished and some features may not work as intended. Definitions: Data Subject is a living individual to whom personal data relates. Personal Data means any operation or set of operations which is performed on personal data or on sets of personal data. Consent of the Data Subject means any freely given, specific, informed and unambiguous indication of the Data Subject’s wishes. Controller means the natural or legal person, public authority, agency or other body which, alone or jointly with others, determines the purposes and means of the processing of personal data.

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