Effective Date: 25-12-2024
Nextwave Compliance Edge LLC (“we,” “our,” or “the Company”) is committed to protecting your privacy. This Privacy Policy describes how we collect, use, store, and protect personal data and other information you provide to us in connection with our services. By using our services or interacting with us, you agree to the collection and use of information in accordance with this Privacy Policy.
This Privacy Policy is in accordance with the laws and regulations of the United Arab Emirates (UAE), including but not limited to the UAE Data Protection Law and other applicable data protection and privacy regulations.
1. Information We Collect
We may collect the following types of personal data:
- Personal Identification Information: Name, email address, phone number, company name, address, and other personal details you provide when registering or interacting with our services.
- Financial Information: Information related to payments for our services, such as bank account details, invoices, or credit card information.
- Business Information: Details related to the nature of your business, including industry, size, and other relevant data to offer tailored solutions.
- Compliance Data: Information collected for compliance with Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), Know Your Customer (KYC), Customer Due Diligence (CDD), and other regulatory compliance activities.
- Technical Data: IP addresses, browser types, operating systems, device identifiers, and other technical information related to your usage of our website and online services.
2. How We Use Your Information
We may use the information we collect for the following purposes:
- Provision of Services: To deliver business consultancy, compliance services, software solutions, tax advisory, project management, and other services as requested by clients.
- Regulatory Compliance: To ensure compliance with legal and regulatory requirements, including AML, CFT, FATCA, and other relevant obligations.
- Improvement of Services: To enhance our service offerings, improve client experience, and maintain the quality of our solutions.
- Communication: To communicate with you regarding updates, service-related information, or responses to your inquiries.
- Marketing: With your consent, we may send you information about our services, promotions, and news that we believe may be of interest to you. You can opt-out of these communications at any time.
3. Data Retention
We retain personal data only as long as necessary to fulfil the purposes outlined in this Privacy Policy, comply with legal requirements, resolve disputes, and enforce our agreements. The data retention period will vary depending on the type of data and legal obligations.
4. Sharing of Information
We may share your information with:
- Third-Party Service Providers: We may share personal data with third-party providers who assist in delivering our services, such as payment processors, cloud storage providers, and compliance software vendors.
- Regulatory Authorities: We may disclose your personal data to regulatory bodies, law enforcement agencies, or as required by law to comply with legal obligations related to AML, CFT, tax reporting, or other regulations.
- Business Transfers: In the event of a business transaction, such as a merger or acquisition, we may transfer your personal data as part of the assets being transferred, subject to applicable privacy laws.
5. Security of Your Information
We implement appropriate technical and organizational measures to protect your personal data from unauthorized access, alteration, disclosure, or destruction. These measures include encryption, secure storage, and regular monitoring of our systems.
However, no method of transmission over the internet or method of electronic storage is completely secure. While we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.
6. Your Rights
Under UAE law, you have the following rights regarding your personal data:
- Right to Access: You may request access to the personal data we hold about you and request details on how it is processed.
- Right to Rectification: You may request that any inaccurate or incomplete data be corrected or updated.
- Right to Erasure: You may request the deletion of your personal data, subject to certain legal limitations.
- Right to Restrict Processing: You may request that we restrict the processing of your personal data in certain situations.
- Right to Object: You may object to the processing of your personal data, especially in cases where processing is based on legitimate interests.
- Right to Data Portability: You may request a copy of your data in a structured, commonly used format for transfer to another service provider.
To exercise your rights, please contact us at [Insert Contact Details].
7. Cookies and Tracking Technologies
Our website uses cookies and similar tracking technologies to enhance your user experience. These technologies help us analyze trends, administer the website, track users’ movements around the site, and gather demographic information.
You may choose to set your browser to refuse cookies or alert you when cookies are being sent. However, some parts of the site may not function properly if you disable cookies.
8. International Transfers
If you are accessing our services from outside the UAE, please note that your personal data may be transferred and processed in the UAE or in other jurisdictions where we or our service providers operate. These countries may have different data protection laws than your country of residence. By using our services, you consent to such transfers.
9. Changes to This Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. Any changes will be posted on this page, and the effective date of the updated policy will be noted at the top of the page. We encourage you to review this Privacy Policy periodically to stay informed about how we are protecting your information.
10. Contact Us
If you have any questions or concerns about this Privacy Policy or our data protection practices, please contact us at:
Nextwave Compliance Edge LLC
Shams Business Center, Sharjah Media City free Zone, Al Messaned, Sharjah, UAE.
Support@Nextwavecomplianceedge.com
+971 586032284
By using our services, you acknowledge that you have read and understood this Privacy Policy and agree to the collection and use of your information as described herein.