Privacy Policy
Last update: 30/9/22
We (referred to as "We", "Us", or "Our") are dedicated to protecting your personal information along with your privacy.
This Privacy Policy aims to enlighten you on how we gather and retain the data you submit via the Virello Nexa website (the “website”).
These ideals shall be upheld:
- To openly disclose how your personal data is gathered and handled:
We want you to have the ability to make conscious decisions about handling personal data. That's why we've established our website. To achieve this, we utilize various strategies and processes to offer you pertinent details regarding personal data usage.
Should we assess that you need particular information, we'll deliver details to you at the suitable moment and place.
We are glad to address any inquiries you might have and will offer necessary explanations regarding any legal constraints. You can contact us via email at the following address: info@ Virello Nexa .com.
- Personal information will be utilized solely for the objectives outlined in the policy.
We may handle your Personal Data for various objectives, including providing you with access to the website and linking you to external trading platforms (the 'Services'). Additionally, we aim to improve the site, safeguard our rights and interests, support the upkeep and delivery of the services, comply with regulatory or legal requirements, and carry out administrative and business tasks to support the use and accessibility of the services.
We handle your personal information to gain better insight into your likes and requirements.
- Utilize critical resources to safeguard your entitlements concerning personal information.
To facilitate your rights, we have ample resources. Reach out to us any time to inquire about your data. We'll update or erase it, cease its use for specific or general intentions, or transfer the info to you or another party. We are equipped to fulfill your requests.
- Protect your private information:
Although we cannot promise absolute security for your personal information, we assure you that we will persist in utilizing a range of approaches and strategies to safeguard your personal data.
Our confidentiality and safety guidelines are comprehensive.
1. The Scope?
This policy outlines the personal information the company gathers on individuals and details its handling, dissemination to external entities, and security measures.
This document addresses data linked to a recognized or recognizable individual. An identifiable individual can be described as one who can be identified directly or through a set of extra data we hold or can acquire access to.
The Policy describes "processing" as any activity that involves utilizing or collecting personal data. This encompasses the administration, organization, and keeping of personal data.
Our offerings are meant for a broad audience and are not crafted for those under 18 years old. We do not intentionally collect data from individuals younger than 18. We do not knowingly permit these individuals to utilize our offerings. If we become aware of any information about minors, we will delete it promptly.
2. Which of your personal details are in our possession?
When you access our channels and service or browse our website, we gather personal information. Sometimes, we might ask for your personal details. In other cases, we collect your data by examining your use of our services or channels or by acquiring it from our partners in Singapore.
3. There is no obligation to reveal personal data to the company or face any repercussions.
However, you aren't required to give us any personal information. Nonetheless, in some situations, you may not need to share personal data with us. This might prevent us from providing services or restrict users from accessing the site.
4. What types of personal details can we collect? When you access our site, we will gather your personal data as follows:.
This encompasses details about your digital activity log, information about your web traffic (including IP address, date accessed, time accessed, and access date), the chosen language, software crash reports, the type of browser employed, and data regarding the device in use. The gathered information is not personal data and cannot be used to identify you.
The personal information you voluntarily share with us when connecting through our portal to a third-party online trading platform.
Personal details you submit directly to third-party services to enable transactions: this data includes your full name, residence, contact number, and email address.
5. The lawful foundation and the rationale for handling personal information.
The company handles your personal information for the objectives outlined in this section, in line with the relevant legal framework applicable to it.
Without a lawful foundation, the company cannot utilize your personal data. The legal justifications the company may employ to handle your personal data are:
- You have agreed to the handling of your personal data for one or more purposes. This occurs when you provide personal details through the website so we can relay them to a third-party trading platform.
- The organization or an external partner may need to handle data to pursue legitimate objectives. For example, it might be crucial for enhancing our offerings or addressing legal defenses.
- Legal obligations necessitate compliance during processing.
Reach out to us via email for further information on the processes required to protect our legitimate interests.
Below, we present a compilation of justifications and legal bases guiding our utilization of the details you provide. Personal information.
To share your personal details with third-party entities as per your request to obtain access to online trading.
Should you request it, we might gather your personal information to share it with external organizations.
You've agreed to the handling of your personal information for one or more purposes.
To address your inquiries, concerns, or requests, collecting personal information is essential to assist you with any queries about the services.
The company's valid interests or those of an external party require handling.
To fulfill any regulatory necessity or administrative, judicial, or statutory requirement, personal data is handled to comply with legal mandates.
For adherence to legal duties, processing is essential.
To improve our offerings, we might utilize your personal information. This can involve, among other aspects, the crash reports or malfunction records we gather concerning the services.
The company's valid interests or those of a third party require processing.
Prevent Fraudulent Activities and Misuse of Our Services.
To execute and oversee tasks consistent with our service requirements, these endeavors encompass administrative functions, growth initiatives, strategic planning, supervisory frameworks, among others.
The company's lawful objectives or a third party's concerns require handling.
For decision-making on various matters, we apply diverse analysis approaches, like statistical methods, to execute evaluations and analyses effectively.
The company's valid interests or those of another entity require handling.
To Protect Our Assets, Rights, and Interests and Those of Third Parties, We Developed HTML0 to Initiate and Upheld Legal Claims. Personal Data May Be Handled by Us to Shield Our Rights, Interests, and Assets, or Those of Third Parties, in Accordance with Any Relevant Laws, Rules, or Agreements and Any Conditions, Terms, or Policies.
The company's justified interests or those of a third party require processing.
6. Sharing of Individual Information with External Entities
The organization may also share personal information with external firms that provide us with services like hosting, storage, IP address details, and the evaluation of user interactions.
You may request us to share your personal information with external trading platforms. In such cases, we will pass on the personal details you've given us to those third-party platforms. The handling of your data will be governed by their respective privacy policies. Your personal information might be distributed across several trading platforms.
The organization might have the opportunity to disclose personal information to its affiliates or commercial associates. This enables the company to acquire the assets essential for enhancing and refining the offerings it delivers to its clients.
If it becomes necessary to protect third-party rights or assets, The Company has the right to share personal information with regulatory, local, or official bodies in Singapore.
We might also, in addition, disclose your personal information to possible investors, purchasers, or financial backers of the organization, or any other firm in the corporate group, should a transaction occur (including asset sales or transfers within our group) or as part of any merger, restructuring, consolidation, or insolvency involving our company or any affiliated business.
7. Third-party cookies and services.
External providers, including those offering ads on our platform or firms analyzing data, might be engaged. These entities might also employ cookies or other technologies.
Each time you visit or interact with the website, small text files known as cookies are stored on your device. These cookies collect data about your browsing patterns and preferences to enhance your experience, monitor your choices, and tailor products and services to your interests. Additionally, cookies are employed for analytics and statistical purposes.
Some cookies that we might employ are session cookies, which are briefly downloaded to your device and expire shortly after you shut down your browser. Alternatively, there are persistent cookies. These linger on your device even after closing your browser. They are used to help the website recognize you as a returning visitor and allow users to come back to the site.
Types of cookies:
We may utilize them according to their intended function.
Cookies are truly indispensable.
These cookies are essential for you to access the features you've requested and to move around our website. Cookies are employed to deliver the details, offerings, and services you've asked of us.
They are essential for your gadget to download and stream data. This allows you to explore the site, make use of its functions, and revisit pages you’ve accessed earlier.
Cookies gather personal information, like your user ID and recent login time, to verify your active session on the page.
They disappear after you shut your browser (session cookies).
Functionality-enhancing cookies
Each time you visit, we identify you and remember your settings and options.
They remain active until their expiration date and persist even after the browser is closed.
Performance-enhancing cookies
Cookies collect statistical data on the site's functionality and aid in its improvement. They also allow us to conduct analysis on our website.
Cookies hold data that is not linked to any specific or recognizable individual.
You can delete them by closing your browser. Some cookies last indefinitely.
Cookies are restricted or eliminated.
To block or delete cookies, modify your browser's configurations. Here are links to assist you with the procedure for some of the most popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Be mindful that if this occurs, some functions or the entire website's features may not operate as you anticipate.
ONLINE TRACKING NOTICE
This service does not currently recognize do-not-track requests.
8. Storage Duration of Your Personal Information.
The firm aims to keep your personal information for as long as required to achieve the processing objectives outlined in this policy, or for extended periods as allowed by Singapore's laws, regulations, policies, and relevant orders.
We will provide your details to third-party trading services for a duration of 12 months. If you give consent, we will extend sharing your data for another 12 months.
We consistently assess the Personal Data in our possession to confirm it is no longer necessary.
9. Passing of personal data to a foreign nation or an international entity.
Your personal details might be relocated to nations abroad (i.e., your personal data could be sent to a non-domestic country or to international entities). Global Institutions or Regions. The company ensures every vital measure is undertaken to guard the personal data you share and guarantees that data subjects can exercise their rights and utilize effective legal remedies.
These safety measures and protections are available to everyone living in Singapore.
- Transfer to a third country or international organization that the EU Commission has judged to offer sufficient protection for personal data sent to it, in line with article 45 (3) of Regulation 2016/679 of the European Parliament and Council dated 27 April 2016 (the “GDPR”).
- The transaction is executed under a binding and enforceable contract between governmental bodies or agencies following Singapore's Article 46 (2) (a).
- The transfer adhered to the standard data protection terms sanctioned by Singapore under Article 46 (2) (c) of the GDPR. The terms endorsed by Singapore can be accessed at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The Company is willing to share details regarding the protective methods it uses for your personal data when it's sent to third-party countries or global organizations. Please contact us by emailing info@wealthwaydigital.sg.
10. Safeguarding Personal Information
We have implemented suitable organizational and technical measures to protect personal data. This involves preventing any accidental or unlawful destruction, loss, or alteration of personal information.
We do not assure or guarantee that the protection of your personal information will be flawless. We are also not responsible for any intangible, incidental, or consequential harm resulting from the use or release of personal information. This encompasses, but is not limited to, the exposure of personal data due to transmission mistakes, unauthorized third-party access, or other causes outside our control.
Should legal responsibilities or circumstances beyond our control arise, we may need to disclose your personal information to third parties, like government bodies. In such cases, we cannot ensure the protection your personal data receives from these parties.
It is impossible to fully safeguard personal data when it is sent over the internet. The Company cannot guarantee the protection of personal information you share with us online.
11. Links directing to external sites of third-party domains.
The website provides links to external sites and apps. These are not managed by the company. We hold no accountability for how these platforms collect or handle personal information. This Policy does not apply to interactions made through such sites or apps.
Before accessing or using any third-party websites or apps we suggest, it is advisable to review their privacy statements. Additionally, we advise you to share any personal information with them.
12. Revisions to this Policy
This policy is open to revisions at any moment. Should we modify this policy, we will inform you of the updates by displaying the revised version on our website. Furthermore, when we introduce notable changes to this policy, we will strive to update you through methods we consider suitable and will issue a notification on our website. Unless specified otherwise, any adjustments will take effect following the release of the updated policy.
13. Your entitlements concerning your personal data.
You have the right to ask us to confirm the correctness of personal data we have gathered about you, to amend any errors, and to erase any personal data we no longer need. Additionally, you can limit the categories of processing of personal information.
For those residing in Singapore, kindly visit this webpage: .
You have the ability to access these entitlements regarding the details you supply about your personal information. To exercise these entitlements, send a request via email to the address provided below.
Access rights
The organization can confirm the accuracy of your personal data being processed. If so, you have the right to access your personal information.
The organization is prepared to provide a digital version of your personal data under processing and may impose a fair charge for any extra copies. The information will be accessible in electronic format upon request.
The entitlement to obtain personal data should not clash with other individuals' liberties and rights. If the demand adversely affects another's rights or privileges, the organization may deny the request or restrict its execution.
Entitlement to correction.
The Company has the right to correct incorrect personal information. You have the right to request that any incomplete personal data related to you be corrected, considering the purpose of processing.
Right to Erasure
The following justifications are relevant: (a) Personal data are no longer necessary for the purpose for which they were gathered or processed; (b) Consent is withdrawn, leaving no legal grounds to process; (c) You lodge an objection at any time, for a reason particular to your situation, against the processing of your personal data based on legitimate interests either pursued by us or by a third party; (d) Personal data is processed unlawfully or (e) Personal data must be deleted to comply with the company's legal obligations.
This right does not apply if processing is necessary (a) to meet a legal obligation required under the legislation of Singapore or its laws; or (b) to establish, assert, or protect legal claims.
Handling limitations
If you're worried about the precision of your personal details, you can request that the company restrict the handling of your personal information.
Should you request a limitation on personal information, such data may only be retained with your approval, or for establishing, exercising, or defending legal claims, safeguarding another individual's rights, or if there's a substantial public interest reason applicable within Singapore or a member state.
Entitlement to data transferability.
When an automated system executes this process based on your agreement or consent in a contract you partake in, you have the legitimate authority and entitlement to access and review the personal data you have shared with the firm.
You have the right to request that your personal information be transferred directly from the company to another data manager, as long as it's technically possible. Your rights under the erasure provision remain unchanged even when you exercise your data transfer rights. The ability to transfer data does not impact the rights or freedoms of others.
Right to challenge
You have the right to object at any time to the processing of your personal data based on the legitimate interests of our company or another entity. This includes scenarios involving profiling based on these interests. If we demonstrate compelling legitimate reasons to process such data, we cannot continue unless you show they are overridden by your rights, freedoms, interests, or the assertion or defense of legal claims.
Regarding direct marketing, you have the right to object to the handling of your personal data at any moment.
Entitlement to withhold approval.
You can withdraw your permission for us to handle your personal information at any time. This action will not impact the legality or validity of any processing that relied on your consent before its withdrawal.
You have the right to file a grievance with the body overseeing your activities.
You have the option to file a complaint with a regulatory authority established by a member state to protect the basic rights of individuals concerning the handling of personal information within Singapore.
Singaporean regulations and statutes might restrict your entitlements regarding personal information about you, as outlined in this section 13.
We commit to supplying the information you request under the rights granted in section 13 of this agreement within thirty days of receiving your inquiry. This period can be prolonged to a maximum of sixty days, depending on the complexity of your request and the number of inquiries we have received. Within the initial thirty days, we will inform you if an extension is necessary, and provide an explanation for the delay.
Provided it does not conflict with section 13 of the law, the data requested under your rights within section 13 will be supplied at no charge. If your request is unfounded or excessive, especially if repeated, a fair fee may be levied to cover administrative costs for providing the information or carrying out the requested action. We also reserve the right not to proceed.
Should there be uncertainty about who genuinely submitted your request, we may need additional information to verify the individual’s identity.