Privacy Policy

Clearprime Limited T/A Panel Financial Uk Privacy Notice

In this Privacy Notice:

Data Protection Legislation means (i) before 25 May 2018, the EU Data Protection Directive 95/46 and all national implementing laws (including the UK Data Protection Act 1998); and (ii) on or after 25 May 2018, the EU General Data Protection Regulation 2016/679 ("GDPR"); together with all other applicable and national implementing legislation relating to privacy or data protection; and where we use the terms "personal data", "data subject", "controller", "processor" and "process" (and its derivatives), such terms shall have the meanings given to them in the Data Protection Legislation.

Introduction

Clearprime Limited t/a Panel Financial UK is committed to keeping your personal data private. We shall process any personal data we collect from you in accordance with Data Protection Legislation and the provisions of this Privacy Notice. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it.

Data Controller

For the purpose of the GDPR Clearprime Limited t/a Panel Financial UK is the data controller of your information. This means that we are responsible for deciding how we hold and use your personal data. We are required under Data Protection Legislation to notify you of the information contained in this Privacy Notice.

Data Protection Officer

We have appointed a Data Protection Officer (DPO) to oversee compliance with this Privacy Notice. If you have any questions about this Privacy Notice or how we handle your personal data, please contact the DPO at the contact details set out below.

Collecting Information From You

Clearprime Limited t/a Panel Financial UK will collect and process your personal data you provide us through application forms, our website, face-to-face and electronic communication (including telephone conversations) in order to provide our services to you.

The Kind Of Information We Hold About You

We may collect, store, and use the following categories of personal data about you:

Personal contact details such as name, title, addresses, telephone numbers, and personal email addresses.
Date of birth.
Gender.
Employment status and salary.
Marital status and dependants.
Financial information.
Pay records.
Location of employment or workplace.
Copies of driving licences or other IDs like passports.
Information we obtain from third parties, such as information that we obtain when verifying details supplied by you and information collected from publicly available sources such as Companies House. Such third parties may include fraud prevention agencies, banks, merchants and credit reference agencies.
Other information about an individual that you or they disclose to us when communicating with us.
Other information obtained through electronic means.
Photographs.

Please note, however, that in certain circumstances it may be still lawful for us to continue processing this information even where consent has been withdrawn, if one of the other legal bases described below is applicable.

Lawful Grounds For Using Your Information

We are permitted to process your personal data in compliance with Data Protection Legislation by relying on one or more of the following lawful grounds:

You have explicitly agreed to us processing such information for a specific reason.
The processing is necessary to perform the agreement we have with you or to take steps to enter into an agreement with you.
The processing is necessary for compliance with a legal obligation we have.
The processing is necessary for the purposes of a legitimate interest pursued by us, which might be:
- to provide services to you;
- to ensure that our Client accounts are well-managed;
- to prevent, detect, investigate and prosecute fraud and alleged fraud, money laundering and other crimes and to verify your identity in order to protect our business and to comply with laws that apply to us and/or where such processing is a contractual requirement of the services or financing you have requested;
- to protect our business interests;
- to ensure that complaints are investigated;
- to evaluate, develop or improve our services; or
- to keep our Clients informed about relevant services, unless you have indicated at any time that you do not wish us to do so.

Purposes Of Processing

Specifically, we may use your information for the following purposes and under the following legal bases:

How we use your information	Legal basis
To provide and manage your account(s) and our relationship with you	Where necessary for the performance of our agreement or to take steps to enter into an agreement with you Where the law requires this Where it's in our legitimate interests to ensure that our Client accounts are well-managed, so that our Clients are provided with a high standard of service, to protect our business interests and the interests of our Clients
To give you statements and other information about your account or our relationship	Where necessary for the performance of our agreement or to take steps to enter into an agreement with you Where the law requires this
To handle enquiries and complaints	Where necessary for the performance of our agreement or to take steps to enter into an agreement with you Where the law requires this Where it's in our legitimate interests to ensure that complaints are investigated, for example, so that our Clients receive a high standard of service and so that we can prevent complaints from occurring in future In the case of sensitive information, such as medical information, where you have agreed
To provide our services to you	Where necessary for the performance of our agreement or to take steps to enter into an agreement with you Where the law requires this
For assessment, testing (including systems tests) and analysis (including credit and/ or behaviour scoring), statistical, market and product analysis and market research. [We may use this information to prepare statistical reports to be shared internally. We compile these reports from information about you and our other Clients. The information in these reports is never personal and you will never be identifiable from them].	Where the law requires this Where it's in our legitimate interests to develop, build, implement and run business models and systems which protect our business interests and provide our Clients with a high standard of service
To evaluate, develop and improve our services to you and other Clients	Where it’s in our legitimate interests continually to evaluate, develop or improve our products as well so that our Clients are provided with a high standard of service
To protect our business interests and to develop our business strategies	Where it's in our legitimate interests to protect our people, business and property and to develop our strategies Where necessary for the performance of our agreement or to take steps to enter into an agreement with you Where the law requires this In the case of sensitive information, such as medical information, where you have agreed
To contact you, by post, phone, text, email and other digital methods. This may be: to help you manage your accounts to meet our regulatory obligations to keep you informed about products and services you hold with us and to send you information about products which may be of interest to you.	Where the law requires this Where we have agreed to contact you in our agreement Where the law requires this Where you agree Where it’s in our legitimate interests to share information with our Clients about products / services that may be relevant and beneficial to them. Where we send you marketing messages, you can always tell us when you no longer wish to receive them. Please see more information in the Contact Us section
To collect any debts owing to us	Where it's in our legitimate interests to collect any debts owing to us In the case of sensitive information, such as medical information, where you have agreed
To meet our regulatory compliance and reporting obligations and to prevent, detect, investigate and prosecute fraud and alleged fraud, money laundering and other crimes.	Where the law requires this Where it's in our legitimate interests to prevent and investigate fraud, money laundering and other crimes Where such processing is a contractual requirement of the services or financing you have requested
To assess any application you make, including carrying out fraud, money laundering, identity, sanctions screening and any other regulatory checks.	Where you have made data public Where such actions are in our legitimate interests, for the protection of our business interests Where the law requires this In the case of sensitive information, such as medical information, where you have agreed
To monitor, record and analyse any communications between you and us, including phone calls	Where it’s in our legitimate interests, to check your instructions to us, to prevent and detect fraud and other crime, to analyse, assess and improve our services to Clients, and for training, for the enhancement of our Client service provision and protection of our business interests In the case of sensitive information, such as medical information, where you have agreed
To transfer your information to or share it with any third party to whom your account has been or may be transferred following a restructure, sale or acquisition.	Where necessary for the performance of our agreement with you Where we have a legitimate interest in restructuring or selling part of our business
To share your information with UK or other relevant tax authorities, credit reference agencies, fraud prevention agencies, and UK and overseas regulators and authorities	Where the law requires this Where we have a legitimate interest in performing certain credit checks so that we can make responsible business decisions. As a responsible organisation, we need to ensure that we only provide certain products to companies and individuals where the products are appropriate, and that we continue to manage the services we provide, for example if we consider that you may have difficulties making a payment to us. Where we have a legitimate interest in assisting with the prevention and detection of fraud and other crime Where we have a legitimate interest in assisting UK and overseas regulators, who monitor banks to ensure that they comply the law and regulations More detail on our data sharing with these organisations is set out below
To share your information with our partners and service providers	Where necessary for the performance of our agreement Where we have a legitimate interest in using third parties to provide some services for us or on our behalf

Information sharing

We keep all your personal data confidential. However, in order to be able to service your needs to the best of our ability, we may share any information you provide to us with counterparties and support service or data providers, wherever located. We will ensure that if we share such information with third parties, any such disclosure is at all times in compliance with Data Protection Legislation.

The recipients or categories of recipients of your information may be:

Any revenue service or tax authority including HMRC, if obliged to do so under applicable regulations. For Common Reporting Standards and FATCA, we may also have to report your account(s) to the necessary tax authorities.
UK and overseas regulators and authorities in connection with their duties (such as crime prevention).
Anyone to whom we may transfer our rights and/or obligations.
Any other person or organisation after a restructure, sale or acquisition, as long as that person uses your information for the same purposes as it was originally given to us or used by us (or both).
Credit reference, identity and address verification organisations who may record and use your information and disclose it to other lenders, financial services organisations and insurers. Your information may be used by those third parties to make assessments in relation to your creditworthiness for debt tracing.
Fraud prevention agencies and law enforcement agencies who will use it to prevent fraud and money laundering and to verify your identity if false or inaccurate information is provided by you and fraud is identified. We, fraud prevention agencies and law enforcement agencies may access and use your information, for example, when:
- Checking details on applications for credit and credit-related or other facilities.
- Managing credit and credit-related accounts or facilities.
- Recovering debt.

Retention and disposal of data and output

We will only keep the information we collect about you on our systems or with third parties for as long as required for the purposes set out above or as required to comply with any legal obligations to which we are subject. This will involve us regularly reviewing our files to check that information is accurate, up to date and still required.

We will normally destroy or erase data after statutory timelines lapse. However, we may retain your information, or information relating to your account after you cease to be a Client for longer than this, provided it is necessary for a legal, regulatory, fraud prevention or other legitimate business purpose.

Storage of your personal data and data security

All information you provide to us is stored as hard copy and on our secure servers.