TAP is committed to protecting the security of any information you disclose through this platform and recognizes the value in keeping your personal information secure. The manner in which TAP obtains, uses, and handles your personal data is described in this privacy statement. The TAP is devoted to preserving your privacy. You authorise TAP to collect, handle, store, and utilise your personal information as described below by opening a trading account with TAP.
You must read our Terms and other rules in addition to our Privacy Policy.
PERSONAL INFORMATION
When you apply to register to use one or more of our services, we will ask you for some personal information in order to efficiently and accurately deliver financial services to you. TAP reserves the right to request updated data from you or a confirmation of the accuracy of the aforementioned from time to time in order to verify the accuracy of the data in the database.
The types of personal data that TAP may gather include, but are not restricted to: total name; Date and location of birth; residential and commercial addresses; both personal and professional phone numbers address for email; ID number or passport number; information regarding income and employment status; details regarding prior trading experience; information about careers and education; Financial; Tax Domicile and Tax ID Number, Financial Information (such as bank account and payment card information); Transaction Information (such as information about payments to and from you); Technical Information (such as login information, IP address, browser plug-in types and versions, time zone setting and location, browser type and version, operating system and platform, and any other technology on the devices you use to access this platform); Profile Information (such as username and password, interests, preferences, feedback, and survey responses); and Information about You (such as information about payments to and from you). Usage Data consists of marketing and communications data, as well as information on how you use our platform and services (such as your preferences in receiving marketing from us and our third parties and your communication preference).
TAP collects, manages, and processes the information necessary for us to fulfil our legal and contractual duties to you.
The following are some major reasons why TAP processes your personal data:
Performance of a contract: TAP processes your data in order to offer you our services and to finish our acceptance process, which enables us to engage into a contractual arrangement with you. In order to complete your onboarding, TAP must confirm your identification, carry out customer due diligence in accordance with regulatory requirements, and use the information obtained to administer your trading account withTAP.
Compliance with legal requirements: Statutory requirements, such as anti-money laundering laws, corporate laws, financial services regulations, tax laws, and privacy laws, as well as related legislation to which TAP is subject, enforce a number of legal duties. There are also a number of supervisory agencies whose rules and regulations are applicable, imposing mandatory personal data processing activities for credit card checks, identity verification, payment processing, and adherence to pertinent court orders.
To protect legitimate interests: TAP processes personal data when it has a legitimate interest in using your information for business or commercial purposes, whether those purposes are our own or those of a third party. However, we don't do this to intentionally harm you; rather, it's in keeping with what is best.
The following service providers and expert advisers to TAP who have been contracted to provide TAP with administrative, financial, research, insurance, or other services may receive your personal information; however, depending on the service in question and specific restrictions on sensitive information, this means that personal information may be disclosed.
Introducing agents or associates with which TAP has a mutually beneficial relationship (any of whom may be within or beyond the European Economic Area) Credit providers, courts, tribunals, and regulatory agencies as agreed or authorised by law Any person authorised by another person, as stipulated by that person or the law Fraud prevention, third authentication service providers, anti-money laundering purposes, valid identification or due diligence checks of you or the contract with a TAP affiliate or any other business belonging to the same group of TAP businesses.
RIGHTS YOU HAVE BASED ON PERSONAL INFORMATION
By law, TAP is expected to reply to all requests for personal data within 30 days, unless the nature of the request necessitates more time for a thorough investigation and evaluation. The following is a list of your rights in relation to the personal data that TAP has about you:
Access to your data is a right. This enables you to obtain a copy of the personal information TAP has on you.
Right to ask that any incorrect personal information that TAP may have about you be updated. This enables you to update any wrong or missing information that TAP may have about you. To verify the necessity of such a request, TAP may ask for additional details and documentation.
Right to ask that your personal data be removed from our platform. When there is no compelling reason for TAP to keep processing your data, you have the right to request that it be erased, exercising your "right to be forgotten." Your account will be closed as a result of this request to erase your data, and our relationship with you will end.
In certain situations, such as when you challenge the accuracy of such personal information or object to our processing of your information, you have the right to request that we "block" or suppress the processing of your data. It won't prevent TAP from keeping your personal data on file. Before deciding not to agree with any desired restriction, TAP will let you know. TAP will notify you about the limitation if it has shared your personal information with anyone else. If it is practicable and legal to do so, TAP will also tell you who it has shared your personal information with if you ask so that you can get in touch with that person directly.
Right to object to data processing for any direct marketing purposes. Insofar as it relates to direct marketing, this also includes profiling. If you object to the processing of your data for direct marketing purposes, TAP will stop using your information for such purposes.
TAP'S MEANS OF PROTECTING YOUR INFORMATION
TAP makes an effort to protect your information while it is being transmitted to us and after it arrives at our facility. TAP keeps adequate administrative, technical, and physical precautions to prevent accidental or unlawful destruction, unintentional loss, unauthorised alteration, misuse, disclosure or access, and any other unlawful form of processing of the Personal Data in our possession. For instance, firewalls, password security, and other access and authentication mechanisms fall under this category.
