East Asia GE Commercial Finance Limited (the "Company") respects clients' privacy and
recognizes the importance of protecting the personal information and data
provided by clients. The Company has always treated such information and
data with the utmost confidentiality.
The Company follows strict standards of security to protect personal
data clients provide to or collected by the Company. The encryption software,
Secure Sockets Layer (SSL) Protocol, is employed when personal data are
being transmitted or when services are provided to clients on the Internet.
The Company also utilizes username/password authentication to verify approved
users. Only individuals with approved logins within a company will be
given access to your data at the Company's website.
In compliance with the Personal Data (Privacy) Ordinance ("Privacy Ordinance"),
you are hereby given notice of the following:
| 1. |
From time to time, it is necessary for clients and various other
individuals ("data subject") to supply the Company with data in
connection with the Company's processing, risks assessment, and
approving for provision of financing facilities and services and
thereafter the operating of the loan accounts.
|
| 2. |
Failure to supply such data may result in the Company being unable
to establish or continue financing facilities or provide financing
services.
|
| 3. |
Data are also collected and reviewed from data subject
and/or from other relevant sources on a periodic basis in the course
of the continuation of the Company's relationship with the relevant
client. |
| 4. |
The purpose of which data relating to a data subject
may be used are as follows:- |
| |
| i.) |
the processing of establishment for financing
facilities and services; |
| ii.) |
the daily operation of the services and credit
facilities provided to clients; |
| iii.) |
conducting credit checks; |
| iv.) |
assisting other financial institutions to conduct
credit checks; |
| v.) |
ensuring ongoing credit worthiness of clients; |
| vi.) |
designing financial services or related products
for clients' use; |
| vii.) |
marketing financial services or related products; |
| viii.) |
determining the amount of indebtedness owed to
or by clients; |
| ix.) |
collection of amounts outstanding from clients
and those providing security for clients' obligations; |
| x.) |
making such disclosures as may in the opinion
of the Company be required for any of the above purposes; |
| xi.) |
contacting data subject with queries regarding
their accounts; |
| xii.) |
meeting the requirements to make disclosure under
the requirements of any law binding on the Company and |
| xiii.) |
purposes relating thereto. |
|
| 5. |
Data held by the Company relating to a data subject
will be kept confidential but the Company may provide such information
to the following parties for the purposes set out in paragraph 4:- |
| |
| i) |
any agent, contractor or third party service provider
who provides administrative, telecommunications; computer, payment,
securities clearing or other services to the Company in connection
with the operation of its business; |
| ii) |
any other person under a duty of confidentiality
to the Company including a group company of the Company which
has undertaken to keep such information confidential; |
| iii) |
any financial institution with which the client
has or proposes to have dealings; |
| iv) |
credit reference agencies and debt collection
agencies; |
| v) |
any person to whom the Company is under an obligation
to make disclosure under the requirements of any law binding
on the Company; and |
| vi) |
any actual or proposed assignee of the Company
or participant or sub-participant or transferee of the Company's
rights in respect of the data subject or its business or any
part thereof. |
|
| 6. |
Under and in accordance with the terms of the Privacy
Ordinance, any individual: - |
| |
| i) |
has the right to check whether the Company holds
personal data about him and the right of access to such data; |
| ii) |
has the right to require the Company to correct
any data relating to him which is inaccurate; |
| iii) |
has the right to ascertain the Company's policies
and practices in relation to data and to be informed of the
kind of personal data held by the Company. |
|
| 7. |
In accordance with the terms of the Privacy Ordinance,
the Company has the right to charge a reasonable fee for the processing
of any data access request. |
| 8. |
The person to whom requests for access to data or correction
of data or for information regarding policies and practices and kinds
of data held are to be addressed as follows:- |
| |
| The Credit Manager |
| Suite 901-03, Central Plaza |
| 18 Harbour Road, Wanchai |
| Hong Kong |
| Telephone: 2586-0000 |
| Fax: 2827-2265 |
|
| 9. |
Nothing in this Statement shall limit the rights of
data subject under the Personal Data (Privacy) Ordinance. |