General terms

The privacy policy came into force on 25.05.2018. and is available on the website . The policy sets out the basic principles and basic rules for the processing and protection of personal data. More detailed terms may be specified in the company’s service agreements with customers and business partners, as well as in other documents related to the services provided by the company and its operation.

In politics, the processing of personal data and its provisions apply to the processing of personal data of a natural person. The policy does not apply to legal entities, however applicable to a natural person related to this legal person, such as an official, a representative, an employee. Some terms, conditions and rights may depend on your location and other legal factors. Please see below for further information.

We reserve the right to unilaterally make changes or additions to the Privacy Policy at any time due to changes in the Company’s operations or regulatory legislation. We will announce the changes in the “Privacy Policy” section of the website.

Privacy and processing of personal data

Certain visitors to the Website choose to interact with the Website in ways that require KMR Latvia LLC to gather personal information. The amount and type of information KMR Latvia LLC gathers depends on the nature of the interaction. For example, we ask visitors who use our forums to provide a username and email address. In each case, KMR Latvia LLC collects such information only as necessary or appropriate to fulfill the purpose of the visitor’s interaction with the Website. As visitors voluntarily provide personal information, a visitor is always permitted to refuse to supply personal information. Visitors should note that there may be aspects of the Website that may not work or work in the intended manner without personal information.

In such cases, we may ask you to provide us with one or more of the following pieces of information: (Name, Email address, Mailing address, Phone number, Date of birth, Your third-party financial account information, such as ID and password. Your financial information, such as investments, income, expenses, investible assets, investing risk tolerance or other similar types of information. Age, gender, or other similar demographic information when such information is relevant to a particular financial product or service you have requested.

Please note: We do not store your data, nor do we store your third-party financial account ID or passwords. Instead, we securely pass this information to our third-party partners when you request Services that require us to confirm your identity, when you request to prequalify for their products, and/or to provide you with access to your financial information on our Site.

The company processes personal data in compliance with the regulatory legislation binding on the company’s operations and provision of services, European Union regulations, international agreements binding on the Republic of Latvia, which regulate the company’s operations and provision of services.

The Company ensures the confidentiality of personal data, protects against unauthorized access, unauthorized processing – disclosure, accidental alteration (modification, correction), loss or destruction, using modern technology, taking into account existing privacy risks and the organizational, financial and technical resources reasonably available to the company.

Purpose, basis and retention period of personal data processing

The company processes personal data:

on the basis of law, in order to fulfill the obligations imposed by regulatory requirements, as well as to exercise the rights provided by law;
with the consent of the data subject;
the company’s legitimate interests in concluding a contract, fulfilling the obligations of the parties to the contract, providing and performing activities within the framework of the service contract.
The company processes and stores personal data for the purpose for which it was collected, obtained and used.

The data is processed for the following purposes:

to meet the requirements of competent authorities, binding documents, instructions, orders, and other documents;
concluding, performing and supervising service or cooperation agreements;
for marketing purposes, with the consent of the person or client.
to ensure the circulation of documents in the company;
ensure the maintenance, development and protection of the company’s information systems and website.
The retention period is based on agreements with the customer, the legitimate interests of the company, applicable laws and regulations or as long as the customer’s consent to the relevant processing of personal data is valid. Upon expiration of the term or purpose of storage of personal data, the company deletes the personal data.

The Company processes personal data for marketing purposes with the consent of the individual or customer, including marketing campaigns and their implementation, advertising of business services, development of personalized offers (eg commercial communications) and transmission. We have the right to process, including transfer and receive personal data in this regard.

The company is entitled in certain cases to determine a new purpose for certain personal data, if it is reasonably necessary (for example, to meet the requirements of regulatory enactments or to protect the legitimate interests of the company).

Processing of personal data – transfer and receive

The company may transfer personal data to a third party in order to fulfill the requirements of the company’s binding regulatory requirements, as well as service, cooperation, etc. for the performance of contracts, for the provision and operation of the service, for the performance of the client’s task (authorization).

We process personal data that is available in public and private registers, public databases and websites or received from a third party and submitted to the company in accordance with the laws and regulations binding on the company.

In order to fulfill the obligations specified in regulatory legislations the company may receive and transfer personal data in the cases and in accordance with the procedures specified in regulatory enactments (competent authorities; local and foreign tax administrations; state public registers.)

In order to fulfill service agreements and ensure the provision of services, to ensure the fulfillment of the cooperation agreement, as well as to ensure the operation of the company, the company may receive and transfer, process personal data (cooperation partners – service providers; credit institutions and financial institutions in accordance with regulatory enactments; legal and other consultants; for archiving purposes and to ensure the company’s core business.)

The Customer is hereby informed that in order to fulfill the obligations specified in regulatory requirements or to ensure the performance of the service agreement, the Company may need to transfer personal data to a third party participating in the provision of the service.

We may implement third-party advertising or other content on the Site that may use clear GIFs or other forms of web beacons, which allow the third-party content provider to read and write Cookies to your web browser in connection with your viewing of the third-party content on the Site. Additionally, we may implement third party buttons (such as Facebook “like” or “share” buttons) that may allow a third party to collect information about you through their browser Cookies, even when you do not interact with the button.

Rights of the data subject

A person or customer is entitled to gain insight into personal data, which the company processes, for what purposes they are used and obtained, what are the terms of their storage and who are the recipients of this personal data, observing the restrictions specified in regulatory requirements. A person may receive personal data about himself which he has submitted and which the company processes on the basis of the person’s consent or contract.

The person and the customer have the right to withdraw the consent given for the processing of personal data based on a legitimate interest, as well as for marketing purposes, incl. profiling for this purpose.

The person or customer may request the rectification, addition, deletion or restriction of the processing of personal data if they have been altered or are inappropriate for other reasons, unless prohibited or restricted existing regulatory requirements and the right to process personal data.

The person or customer may at any time request that the company stop processing personal data, unless such processing is a right of the company and the obligations regarding data processing arise from regulatory enactments or are necessary for the company to be able to perform or ensure the performance of the service contract; ensure its functioning.
A person may contact in connection with personal data processing issues, withdrawal of consent, requests, exercise of data subjects’ rights and complaints regarding personal data processing by sending a relevant request to . The company provides a response to such applications, requests, etc., in which the applicant is identifiable; requests shall be considered as soon as possible, but not later than within one month from the date of received of the application

Data controller and contacts

Personal data of data subjects controller is .