LYXOR PRIVACY NOTICE
This notice sets out how Lyxor Asset Management as a Data Controller will process personal information. This includes when personal data relating to investors into a fund managed by Lyxor Asset Management is provided to Management, or its associated Data Processors including the fund’s Administrator or Alternative Investment Fund Manager or other persons processing the data on Lyxor Asset Management’s behalf.
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PURPOSES OF PROCESSING AND LEGAL BASIS FOR PROCESSING
When managing and administering an investor’s holdings in any relevant fund, Lyxor Asset Management or its Data Processors may process an investor’s personal data to carry out anti-money laundering (‘AML’) checks and related actions which Lyxor Asset Management considers appropriate to meet any legal obligations imposed on Lyxor Asset Management relating to the prevention of fraud, money laundering, terrorist financing, bribery, corruption, tax evasion and to prevent the provision of financial and other services to persons who may be subject to economic or trade sanctions.
Lyxor Asset Management or its Data Processors may monitor and record calls and electronic communications for investigation and fraud prevention purposes, for crime detection, prevention, investigation and prosecution, and to enforce or defend Lyxor Asset Management and its Data Processors’ rights, itself or through third parties to whom it delegates such responsibilities or rights in order to comply with a legal obligation imposed on Lyxor Asset Management and to assist with investigations, complaints, regulatory requests, litigation, arbitration, mediation or to pursue any other legitimate interests for which Lyxor Asset Management or its Data Processors may be entitled.
RECIPIENTS OF DATA AND INTERNATIONAL TRANSFER OF DATA
During processing personal data about the investor and (if applicable) its directors, officers, employees and beneficial owners to carry out money laundering and identity checks and comply with legal obligations, Lyxor Asset Management or its Data Processors may disclose the personal data to:
• credit reference agencies and other third party information providers; and
• competent authorities (including tax authorities), courts and bodies as required by law or requested or to affiliates for internal investigations and reporting.
The disclosure of personal data to the affiliates and other third parties set out above may involve the transfer of data to jurisdictions outside the European Economic Area (‘EEA’). Such countries may not have the same data protection laws as the EEA.
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RETENTION PERIOD
Lyxor Asset Management will retain investors’ personal data for as long as is required for the purposes for which the data was collected, depending on the legal basis for which that data was obtained and/or whether additional legal/regulatory obligations mandate that Lyxor Asset Management retains the personal data.
DATA SUBJECT RIGHTS
To the extent provided by the General Data Protection Regulation (‘GDPR’) or any successor provision that is substantively comparable thereto, each individual has the right to request:
• Access to their personal data.
• Rectification or erasure of their personal data.
• Restriction of the use of their personal data.
• Objection to the processing of their personal data.
• Data portability (in certain specific circumstances).
Where Lyxor Asset Management requires the personal data of the investor and (if applicable) its directors, officers, employees and beneficial owners to comply with AML or other legal requirements, failure to provide this information means the investor may not be able to invest in the fund.
If the investor considers that Lyxor Asset Management or its Data Processors have processed personal data in violation of the GDPR and failed to remedy such violation to the investor’s reasonable satisfaction, the investor may lodge a complaint with the Information Commissioner’s Office at www.ico.org.uk.
HOW TO CONTACT US
If the investor has any questions about Lyxor Asset Management’s use of personal data, please contact