Privacy Policy

Data Protection

We are committed to protecting your privacy. This policy may be updated due to changes in best practices, technology, or the law, but we remain dedicated to keeping your personal information safe and secure. All information gathered from you in connection with your use of the Site or any Local Site will be maintained in accordance with the applicable privacy policies disclosed for Opel Ventures website “the Site”.

What does this Data Protection cover?

(a) The terms set out in this Data Protection apply to any information you give Opel Ventures from time to time and to any information you have already provided. (b) We may revise or supplement our Data Protection from time to time for any of the following reasons: to provide for the introduction of new or improved systems, methods of operation, services or facilities; to reflect an actual or expected change in market conditions or general funding practice; to comply with or anticipate any changes in any legal or regulatory requirement; to ensure that our business is run prudently; and to make our Data Protection clearer or more favourable to you; or to rectify any mistake that might be discovered from time to time. If you do not wish to accept the new Data Protection you should contact us immediately. Otherwise your continued use of Opel Ventures services shall indicate your acceptance of the updated Data Protection Statement. (c) You must not send us personal information about someone else without first getting the individual’s consent for it to be used and disclosed in the ways set out in our Data Protection Statement. If you give us information (including personal information) on behalf of someone else, you confirm that the other person has given you permission to act on their behalf and has agreed that you can:
▪️ provide their personal information to us;
▪️ give consent on their behalf to the processing of their personal data;
▪️ receive on their behalf any data protection notices; and
▪️ give consent to the transfer of the individual’s personal data abroad.
Where you do give us information about someone else, or someone else discloses a connection with you, that information may be taken into account with your other personal information when assessing your application to receive our products or services. (d) We treat your privacy very seriously and we understand that you will wish to know how we will use the information we collect from or about you. We use your personal information in accordance with our Data Protection Statement and will fully comply with all applicable data protection legislations in your jurisdiction and where Opel Ventures operates. It is important that you take all necessary and appropriate steps to protect your data yourself (for example, by ensuring that all passwords and access codes are kept secure).

What information does Opel Ventures collect?

We may collect and process the following information about you:
a) Information you provide (either directly or through an agent such as a solicitor, independent financial advisor or introducer) by completing an agreement for our products and services, whether in writing, on our website, over the telephone or by some other means. This information may include your name, address, contact details, date of birth, bank details, details about your employment and financial information and may extend to copies of identification documents (such as passport, driving licence and/or utility bills).

b) Other personal data supplied by you when you contact us by other means (such as by email or telephone), and records of any correspondence from you or anyone acting on your behalf.

c) Personal details provided via our website (for example, via the ‘Get in touch’ form). We process data that you provide to us when you complete our online form (such information may include, but may not be limited to, your name, telephone number, postal address and email address).


d) Details of transactions you carry out with us. e) Your credit history, where you have applied for credit or where we have agreed to provide credit to you.

f) Website technical information. When you visit the website, we record information about your usage of the website, including IP address, location, cookie data and details about the page you visited. Please see our Cookies Policy (below) for further information on the cookie data we process.

What will you do with my data?

We will act proportionately and responsibly when we process, transfer or disclose your information and we will act strictly in accordance with the applicable data protection laws. We use your personal data for the following purposes:

We may process, transfer and disclose your information for the purposes of:
▪️ providing you with services, managing your accounts and complying with your instructions;
▪️ verifying your identity;
▪️ making funding decisions,
▪️ detecting and preventing fraud;
▪️ complying with laws and regulations (including the rules of any regulatory authority) and public duties;
▪️ monitoring and/or recording your telephone calls and electronic transactions in order to accurately carry out your instructions; assisting in improving our services and in the interests of security and crime prevention;
▪️ market research and providing you with information via mail, telephone or other means about Opel Ventures products or services from time to time; and
▪️ analysis in order to assess and improve our business.

We will use your information to:
▪️ Verify the accuracy of the data you have provided to us;
▪️ Prevent criminal activity, fraud and money laundering;
▪️ Manage your account(s); and
▪️ Ensure any offers provided to you are appropriate to your circumstances.

Your Choices and Rights You Have
▪️ Right to be informed: Our clients have the right to be informed about the collection and use of their personal data.
▪️ Right to restrict processing: Our clients have the right to request the restriction or suspension of their personal data in some circumstances. Please contact the Head of Data at DataProtection@opelventures.com,
▪️ Right to Portability: This allows our clients to obtain and re-use their personal data for their own purposes across different services, in some circumstances,
▪️ Right to object: This gives our clients the right to object to the processing of their personal data in certain circumstances.

Retention of your personal data

We will not retain your personal data for longer than is necessary for the purposes for which the personal data is processed. This means that your information will only be held for as long as we need to process it to provide you with services, is necessary for legal reasons or in accordance with our legitimate interests, and in accordance with the applicable data protection laws. When calculating the appropriate retention period for your data, we consider the nature and sensitivity of the data, the purposes for which we are processing the data, and any applicable statutory retention periods. Using these criteria, we regularly review the personal data which we hold and the purposes for which it is held and processed. When we determine that personal data can no longer be retained or where you request us to delete your data in accordance with your right to do so, we ensure that this data is securely deleted or destroyed. For more details about our retention periods, please contact us at dataprotection@opelventures.com. What you should do if your personal information changes If your personal information changes, you should tell us without delay so that we can update our records. If you were introduced to us by a broker or other intermediary who is a data controller in its own rights, then you should contact them directly too.

Cookies

A cookie is a small file of letters and numbers that is stored on your computer or other device when you visit a website or a mobile application. Cookies contain information that is transferred to or read on your device and allow websites and mobile applications to recognize devices and store certain information, such as user preferences. Cookies are used to distinguish you from other users of our online services. This helps us to provide you with a useful experience when you browse and also allows us to improve our online services. Some parts of the Site may be difficult to use if you have set your browser to not accept them. To view the intended website, please set your browser to accept cookies. If you want to delete any cookies that are already on your computer, please refer to the instructions for your file management software to locate the file or directory that stores cookies. By using our website, you agree that we can place cookies on your device. If you continue to browse our website we assume that you are happy to receive all cookies served by our site. You are able to block these cookies via your browser settings; however, this may mean that you are unable to access certain parts of our site

How to contact us

If you have any comments or questions about our Data Protection Statement, please contact the Head of Data at Opel Ventures Inc.
at DataProtection@opelventures.com