Update date 07/2/2024
PANASIA GROUP respects the right to privacy and wants to protect the privacy of those who view or interact with our website [www.panasiagroup.ae]
Please read the following statement; it will help you to understand how we use the personal data that you may provide to us through the use of our website.
Please note that we may update this Privacy Policy from time to time. We will include a review date at the top of the page so you will know when we make changes.
Unless stated otherwise, this Privacy Policy applies to all of PANASIA GROUP externally facing applications, services, tools, websites and other data processing activities where PANASIA GROUP is acting as a data controller (or any local equivalent).
This Privacy Policy is incorporated into our Terms of Use (the "Terms") by reference and, together with the Terms, constitutes a binding agreement between you and PANASIA GROUP. It describes our information handling practices when you access and use our Platform and Services. This Privacy Policy is meant to help you understand the personal information we collect, how we collect, process, use, store, share, and protect it.
About Us
In this Privacy Policy "we", "our", and "us" refers to PANASIA GROUP. The responsible entity for collecting, processing, using, storing, and protecting your Personal Information is:
By using the Website and KYC Application form, you agree to collection of your personal information and to the Terms, including this Privacy Policy, with limitations on damages, loss of profit, dispute resolution, and the application of the law of UAE.
Please reach out to us if you have any questions or require further information about this Privacy Policy. We are committed to protecting your privacy and ensuring a secure experience when using our Platform and Services.
What personal data do we collect?
Personal Information is data that identifies an individual or relates to an identifiable individual, and the definition varies based on applicable law in your location. This includes information you provide, information collected automatically, and information obtained from third parties.
Information You Provide:
To access and use the Website and KYC Application form, you will be required to provide certain Personal Information, including but not limited to:
Information We Collect Automatically:
We may collect certain information automatically when you interact with the Website and KYC Application form, including but not limited to:
Information We Collect from Third Parties:
From time to time, we may obtain information about you from third-party sources as required or permitted by applicable law, including:
PANASIA GROUP uses your personal data only where required for specific purposes.
Please review the following information for (i) a list of the purposes for which PANASIA GROUP uses your personal data and (ii) an overview of the legal basis for each purpose:
Legal Basis: Justified on the basis of our legitimate interests in ensuring the proper functioning of our business operations.
Legitimate interest means that PANASIA GROUP has reasonable grounds to process your personal information. Where the above list states that we rely on our legitimate interests for a given purpose, we are of the opinion that our legitimate interests are not overridden by your interests, rights or freedoms, given (i) the transparency we provide on the processing activity, (ii) our privacy by design approach and (iii) the rights you have in relation to the processing activity. If you wish to obtain further information on this balancing test approach, please contact info@panasiagroup.ae.
We will process your personal data for the purposes mentioned above based on your prior consent, to the extent such consent is mandatory under applicable laws. To the extent you are asked to click on/check "I accept", "I agree" or similar buttons in relation to a privacy statement, doing so will be considered as providing your consent to process your personal data, only in the countries where such consent is required by mandatory law.
Will we share your personal information with third parties?
We are a multi-territory firm and therefore data is processed in all offices for the legitimate interest to ensure efficient running of the business.
We share your Personal Information with third parties under the following circumstances:
In connection with the above, we may transfer your personal data outside the UAE, including to a jurisdiction which is not recognized by the UAE as providing for an equivalent level of protection for personal data as is provided for in the UAE. If and to the extent that we do so, we will ensure that appropriate measures are in place to comply with our obligations under applicable law governing such transfers, which may include entering into a contract governing the transfer which contains the ‘standard contractual clauses' approved for this purpose by the UAE public authority. Further details of the measures that we have taken in this regard are available by contacting us using the contact details below.
Security
PANASIA GROUP attaches great importance to your right to privacy and the protection of your personal data. We want you to feel secure that when you deal with PANASIA GROUP, your personal data are in good hands. We have protocols, controls and relevant policies, procedures and guidance to maintain these arrangements taking into account the risks associated with the categories of personal information and the processing we undertake. We maintain strong security measures to protect your Personal Information, including physical, electronic, and procedural safeguards. However, your cooperation is essential to maintain security. If you use third-party services for e.g. payments, their privacy policies apply.
Which rights do you have with respect to the processing of your personal data?
You have the right, subject to certain exemptions:
PANASIA GROUP respects the right to privacy and wants to protect the privacy of those who view or interact with our website [www.panasiagroup.ae]
Please read the following statement; it will help you to understand how we use the personal data that you may provide to us through the use of our website.
Please note that we may update this Privacy Policy from time to time. We will include a review date at the top of the page so you will know when we make changes.
Unless stated otherwise, this Privacy Policy applies to all of PANASIA GROUP externally facing applications, services, tools, websites and other data processing activities where PANASIA GROUP is acting as a data controller (or any local equivalent).
This Privacy Policy is incorporated into our Terms of Use (the "Terms") by reference and, together with the Terms, constitutes a binding agreement between you and PANASIA GROUP. It describes our information handling practices when you access and use our Platform and Services. This Privacy Policy is meant to help you understand the personal information we collect, how we collect, process, use, store, share, and protect it.
About Us
In this Privacy Policy "we", "our", and "us" refers to PANASIA GROUP. The responsible entity for collecting, processing, using, storing, and protecting your Personal Information is:
- Name: PANASIA GROUP
- Address: HDS Business Center, Office 3004 JLT Dubai, UAE
- Email: info@panasiagroup.ae
By using the Website and KYC Application form, you agree to collection of your personal information and to the Terms, including this Privacy Policy, with limitations on damages, loss of profit, dispute resolution, and the application of the law of UAE.
Please reach out to us if you have any questions or require further information about this Privacy Policy. We are committed to protecting your privacy and ensuring a secure experience when using our Platform and Services.
What personal data do we collect?
Personal Information is data that identifies an individual or relates to an identifiable individual, and the definition varies based on applicable law in your location. This includes information you provide, information collected automatically, and information obtained from third parties.
Information You Provide:
To access and use the Website and KYC Application form, you will be required to provide certain Personal Information, including but not limited to:
- Company identification information: Full company name, Short company name, Corporate legal form, Registered Address, Post address if different, Phone number, Website, Email, Date and Country of Incorporation, Registered Number, Business license №, Valid from, Valid to, TIN
- Business Contact Person (s): Name, Email, Phone number
- Details on Current Business Activities of the Company: Manager title, Manager Full Name, Date of birth, Shareholder: 1, Number of shares, Shareholder 2 (if applicable), Number of shares
- Ultimate beneficial owner (individual): Name, Phone number
- Information about attached documents
Information We Collect Automatically:
We may collect certain information automatically when you interact with the Website and KYC Application form, including but not limited to:
- Information about how you access and use the Website and KYC Application form.
- Device type and unique device identification numbers.
- Device event information (e.g., crashes, system activity, browser type).
- Interactions with the Website and KYC Application form, including pages accessed and links clicked.
- Broad geographic location (e.g., country or city-level).
Information We Collect from Third Parties:
From time to time, we may obtain information about you from third-party sources as required or permitted by applicable law, including:
- Public databases.
- Marketing partners and resellers.
- Advertising networks and analytics providers.
PANASIA GROUP uses your personal data only where required for specific purposes.
Please review the following information for (i) a list of the purposes for which PANASIA GROUP uses your personal data and (ii) an overview of the legal basis for each purpose:
- Providing Website and KYC Application form, responding to inquiries, and offering customer support.
- Legal and regulatory compliance, and protection of property and rights.
- Communication regarding transactions and important changes.
- Prevention of money laundering, fraud, and other abuses.
- Platform and Services improvement, marketing, advertising, and personalized content.
- Recruiting processes, statistical analysis, market research, and product development.
- Development, testing, and improvement of new products and services.
Legal Basis: Justified on the basis of our legitimate interests in ensuring the proper functioning of our business operations.
- Any purpose with your consent.
Legitimate interest means that PANASIA GROUP has reasonable grounds to process your personal information. Where the above list states that we rely on our legitimate interests for a given purpose, we are of the opinion that our legitimate interests are not overridden by your interests, rights or freedoms, given (i) the transparency we provide on the processing activity, (ii) our privacy by design approach and (iii) the rights you have in relation to the processing activity. If you wish to obtain further information on this balancing test approach, please contact info@panasiagroup.ae.
We will process your personal data for the purposes mentioned above based on your prior consent, to the extent such consent is mandatory under applicable laws. To the extent you are asked to click on/check "I accept", "I agree" or similar buttons in relation to a privacy statement, doing so will be considered as providing your consent to process your personal data, only in the countries where such consent is required by mandatory law.
Will we share your personal information with third parties?
We are a multi-territory firm and therefore data is processed in all offices for the legitimate interest to ensure efficient running of the business.
We share your Personal Information with third parties under the following circumstances:
- When required by applicable law.
- With professional advisors for financial, technical, compliance, and legal audits.
- For fraud and crime prevention, regulatory compliance, and legal claims.
- Aggregated Personal Information for monitoring Website and KYC Application form usage.
- With financial institutions to process authorized payments.
- With companies we plan to merge with or be acquired by.
In connection with the above, we may transfer your personal data outside the UAE, including to a jurisdiction which is not recognized by the UAE as providing for an equivalent level of protection for personal data as is provided for in the UAE. If and to the extent that we do so, we will ensure that appropriate measures are in place to comply with our obligations under applicable law governing such transfers, which may include entering into a contract governing the transfer which contains the ‘standard contractual clauses' approved for this purpose by the UAE public authority. Further details of the measures that we have taken in this regard are available by contacting us using the contact details below.
Security
PANASIA GROUP attaches great importance to your right to privacy and the protection of your personal data. We want you to feel secure that when you deal with PANASIA GROUP, your personal data are in good hands. We have protocols, controls and relevant policies, procedures and guidance to maintain these arrangements taking into account the risks associated with the categories of personal information and the processing we undertake. We maintain strong security measures to protect your Personal Information, including physical, electronic, and procedural safeguards. However, your cooperation is essential to maintain security. If you use third-party services for e.g. payments, their privacy policies apply.
Which rights do you have with respect to the processing of your personal data?
You have the right, subject to certain exemptions:
- to obtain a copy of any personal data we hold about you
- to request rectification or erasure of such data
- to request restriction of processing or to object to processing
- and data portability