Paratus AMC

FAIR PROCESSING NOTICE

GENERAL


AUTOMATED DECISIONS

As part of the processing of your personal data, decisions may be made by automated means. This means we may automatically decide that you pose a fraud or money laundering risk or if our processing reveals your behaviour to be consistent with that of known fraudsters or money launderers; or is inconsistent with your previous submissions; or you appear to have deliberately hidden your true identity. You have rights in relation to automated decision making: if you want to know more, please contact us using the details provided.


Automated decisions for fraud prevention

The information we have for you or your business is made up of what you tell us and data we collect when you use our services, or from third parties we work with.

We and FPAs may process your personal information in systems that look for fraud by studying patterns in the data. We may find that an account is being used in ways that fraudsters work. Or we may notice that an account is being used in a way that is unusual for you or your business. Either of these could indicate a possible risk of fraud or money-laundering.

As part of the processing of your personal data, decisions may be made by automated means. This means we may automatically decide that you pose a fraud or money laundering risk if:

You have rights in relation to automated decision making: if you want to know more please contact us using the details above.


CONSEQUENCES OF PROCESSING


SHARING PERSONAL INFORMATION

We may share your personal information with:


DATA TRANSFERS OUT OF THE EEA

Whenever fraud prevention agencies transfer your personal data outside of the European Economic Area, they impose contractual obligations on the recipients of that data to protect your personal data to the standard required in the European Economic Area. They may also require the recipient to subscribe to ‘international frameworks’ intended to enable secure data sharing.


SENDING DATA OUTSIDE THE EEA

If your personal data is transferred outside the EEA it will only be as a result of my instructions, to comply with a legal duty or to agents /advisers to help run the account and services. If the data is transmitted outside the EEA it will only be to a country with privacy laws that give the same protection as the EEA, have signed a contract that they will abide by the same protections as the EEA and if sent to the USA only to those companies with a Privacy Shield.


YOUR RIGHTS


HOW THE LAW PROTECTS YOU

Data Protection law says that we are allowed to use personal information only if we have a proper reason to do so. This includes sharing it outside Paratus AMC Limited. The law says we must have one or more of these reasons:

The majority of the work we do for you is to fulfil a mortgage contract(s) or because it is our legal duty to do so.


HOW LONG WE KEEP YOUR PERSONAL INFORMATION

We will keep your personal information for as long as you are a customer of Paratus AMC Limited.

After you stop being a customer, we may keep your data for up to 5 years for one of these reasons:

We may keep your data for longer than 5 years if we cannot delete it for legal, regulatory or technical reasons. We may also keep it for research or statistical purposes. If we do, we will make sure that your privacy is protected and only use it for those purposes.


CONTACT DETAILS

Further details can be found in our Privacy Notice.

Occasionally it may be necessary to make changes to this notice. When that happens we will provide you an updated version at the earliest opportunity. The most recent version will always be available on our website.