Privacy Policy

Introduction
Velthrad Consultants Private Limited ("Velthrad") is committed to protecting and respecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data in compliance with the Dubai International Financial Centre ("DIFC") Data Protection Law No. 5 of 2020 ("DPL") and the Abu Dhabi Global Market ("ADGM") Data Protection Regulations 2021 ("DPR").

  1. Types of Personal Data We Collect
    We collect personal data that is necessary for us to provide our services effectively. This may include:

    • Identification Information: Name, address, contact details, nationality, job title, and other personal identifiers.
    • Financial Information: Bank details, income, and financial background.
    • Compliance Information: Data related to anti-money laundering checks, sanctions, and other regulatory requirements.
    • Technical Data: IP addresses, browser types, and access times, as collected via our website.
  2. Purpose of Data Collection
    We process personal data for the following purposes:

    • Service Delivery: To provide our consultancy services, including compliance with legal and regulatory obligations.
    • Client Communication: To communicate with you regarding our services, updates, and events.
    • Legal Compliance: To fulfill our legal and regulatory obligations under applicable laws, including anti-money laundering and counter-terrorist financing regulations.
    • Website Functionality and Security: To enhance the functionality and security of our website and ensure a smooth user experience.
  3. Data Sharing and Disclosure
    Velthrad does not sell, trade, or rent your personal data. We may share your data with:

    • Third-Party Processors: Service providers who process data on our behalf as per our Terms of Business.
    • Regulatory Authorities: As required by law, to comply with regulatory obligations.
  4. Data Security
    We implement robust security measures to protect your personal data from unauthorized access, disclosure, alteration, or destruction. These measures include encryption, access controls, and regular security assessments.
  5. International Data Transfers
    In some cases, your personal data may be transferred to countries outside the DIFC and ADGM jurisdictions. In such instances, we ensure that appropriate safeguards are in place to protect your data in accordance with applicable data protection laws.
  6. Data Retention
    We retain your personal data only as long as necessary to fulfill the purposes for which it was collected, or as required by law. Once the retention period expires, we securely delete or anonymize your data.
  7. Your Rights
    You have the following rights concerning your personal data:

    • Access: Request access to your personal data.
    • Rectification: Request correction of inaccurate or incomplete data.
    • Erasure: Request the deletion of your personal data under certain circumstances.
    • Restriction: Request to restrict the processing of your personal data.
    • Objection: Object to the processing of your personal data based on legitimate interests.
    • Data Portability: Request the transfer of your data to another party.
      To exercise these rights, please contact us at the details provided below.
      If you believe your data is being processed in violation of the Data Protection Law (DPL) or Data Protection Regulation (DPR), and contrary to the terms of this privacy notice, you have the right to file a complaint with the appropriate data protection authority at any time. The relevant offices are listed below.
      ADGM Data Protection Office:
      Abu Dhabi Global Market Authorities Building ADGM Square Al Maryah Island PO Box 111999 Abu Dhabi, UAE. Tel.  +971 (0) 2 333 8888 | Email:  data.protection@adgm.com
      DIFC Data Protection Office:
      Dubai International Financial Centre Authority Level 14, The Gate Building DIFC, UAE
      Tel.  +971 4 362 2222 | Email:  commissioner@dp.difc.ae
  8. Cookies and Tracking
    Our website use cookies to enhance user experience and track usage. You can control cookies through your browser settings.
  9. Updates to This Privacy Policy
    Velthrad may update this Privacy Notice periodically to reflect changes in our data processing practices or legal requirements. The updated notice will be posted on our website, and your continued use of our services signifies your acceptance of the changes.
  10. Contact Us
    If you have any questions or concerns about this Privacy Policy or wish to exercise your rights, please contact us at:
    • Email: info@velthrad.com
    • Website: www.velthrad.com