This policy explains how the company manages the personal information it holds. This policy applies to the use of the company's "CRETA Platform" and other services (hereinafter "Services"). Unless otherwise defined in this Policy, terms used in this Policy have the same meanings as the Company's terms and conditions.
This Policy supplements, but does not replace, the consent you have previously provided in relation to your personal information, and your consent gives the Company the right to lawfully collect, process, provide and disclose your personal information. This Policy does not affect the statutory rights we have in relation to the collection, processing, provision and disclosure of your personal information.
The company respects the confidentiality of personal information and personal privacy, and strives to comply with relevant privacy laws. However, to the extent permitted by applicable privacy laws, nothing in this Policy shall be construed as giving the Company any liability jointly with any third party.
In principle, your personal information will be processed and stored until the contract between you and the company is terminated. However, if it is necessary for the company to keep it under the relevant laws or if it is necessary for the legitimate exercise of the company's rights, it may be processed and stored for a period of time. If the above retention period has elapsed, the company will take measures so that your personal information can be deleted or stopped using technically possible and appropriate methods.
Meanwhile, information recorded on the blockchain can be permanently processed and stored on computers participating in the blockchain network, and cannot be deleted. You must understand this and use the "Service".
The company has appointed a Data Protection Officer to oversee your privacy management in accordance with this policy and the relevant Data Protection Act. The company train staffs to respect the confidentiality of your personal information, and deal very seriously with violations of all Data Protection Acts. The company appropriately performs technical, managerial and physical measures necessary to ensure safety so that loss, theft, leakage, forgery, alteration, or damage is not caused.
The company uses "Cookie" to gather information about your activities and you from our website. Cookies are small pieces of data that we store on your computer and are accessed every time you visit us, so we can understand how you use our company and provide you with appropriate content based on your preferences. If you do not wish to allow the company collecting cookies, you can set your browser to restrict cookies, However, do understand that if the company doesn’t have cookies, the service you desire may not be available. This policy only covers the use of cookies between your computer and the company, and does not cover the use of cookies by other third-parties.
You may directly view, access, correct, edit your personal information in the manner provided by the company. If necessary, you may request the Company to correct, edit or delete your personal information. You may also exercise any rights granted to you under applicable privacy laws. However, if there is a justifiable reason such as protection of the interests or rights of the company or a third party, contract execution, maintenanceㆍpreservation of accurate information, compliance with related laws, or technical modifications or deletions, etc., the processing may be suspended or refused.
Since the company has no protection or control over the blockchain, any information recorded on the blockchain cannot be modified, edited, or deleted. You must understand this and use the "Service".
The dynamic and evolving nature of the financial and payments sectors present challenges for AML and CFT controls and policy in ensuring that it remains relevant and up to date.
Keeping in view of the global menace of Money Laundering and Terrorist Financing, the company is fully committed in adhering to the applicable UAE’s Anti-Money Laundering Laws and Regulations. The company is also committed to install the appropriate softwares for block chain and to have a systems and controls in place [to perform sanctions checks on designated persons and entities as well as to determine whether a potential customer, an existing customer or the beneficial owner is a Foreign Politically Exposed Person (FPEP).]
Based on the above regulations as well as the relevant recommendations of the Financial Action Task Force (FATF), the company has prepared this comprehensive Anti-Money Laundering Policy and Procedures which would be adhered to by all third-party agents involved or in a contractual relationship with the company.
The objective of this policy is to ensure that you and third-party agents understand and abide by the requirements of anti-money laundering and terrorist financing laws and regulations while conducting and working with the company’s businesses.
The company does not intentionally collect personal information of minors. All users of the "Service" must be adults (above age of eighteen (18) years)., and minors can use the "Service" only when their parents, guardians, and other legal representatives express their intention to consent to the company. When the company learns that you are a minor, the company will take the best measures to properly handle such personal information as possible, such as deleting or stopping the use of the personal information as soon as possible. If you believe that the Company is in possession of the personal information of a minor, please contact the Company using the email address indicated below.
This policy will be reviewed frequently. The company can update this policy in consideration of new laws and technologies, changes in operational and practice practices, and changing business environments. Any changes or modifications will be effective immediately upon posting the updated Privacy Policy, and you waive the right to receive specific notice of each such change or modification. You are encouraged to periodically review this Privacy Policy to stay informed of updates. If you are unsure whether the policy you are reading is up to date, please contact us.
If there is a difference between the English version and other translations, the English version will be prioritized.