Privacy Policy
Last update: 30/9/22
We (referred to as “Us”, “Our”, or “We”) are dedicated to protecting your privacy and personal information.
We created this Privacy Policy to enlighten you on how we gather and safeguard the details you submit via the website Monex Lompa (the “website”).
These guidelines will be upheld: .
- To provide clarity about how we handle and gather your personal data in Indonesia:
Our goal is to ensure you can make knowledgeable decisions about handling personal information. This is why we've established our website. To achieve this, we use various strategies and techniques to offer you pertinent details about personal data usage.
Should we determine that you need particular information, we'll share the details with you at the right time and date.
We are eager to address any inquiries you might have and will offer the necessary explanations you seek concerning any restrictions set by law. You can contact us through the email listed below: info@ Monex Lompa .com .
- Individual information will solely be utilized for the objectives outlined in the policy.
We may handle Personal Data for diverse purposes, including delivering the website to you and linking you with external trading systems ('Services'), improving the site, safeguarding our rights and interests, supporting the upkeep and supply of services, complying with regulatory or legal requirements, and managing administrative and business tasks to ensure the provision and utilization of services.
We also handle personal information to gain a clearer insight into your preferences and requirements.
- To utilize essential instruments for safeguarding your entitlements concerning personal data.
To enable you to exercise your rights, we have significant resources available. Feel free to reach out anytime to inquire about your Personal Data. We can update or remove it, cease using it for particular purposes, or halt its use entirely. Share the data with you or an external party. We can meet your requirements.
- Protect your private information:
Although we cannot offer an absolute assurance of your personal data's security, we can assure you that we will persist in utilizing diverse strategies and measures to safeguard your personal information.
Our policy on privacy and security is now finalized.
1. The Scope?
This document outlines how the organization gathers personal information from individuals, manages it, distributes it to external entities, ensures security measures, and related operations.
This document addresses data pertaining to a specific or discernible human being. An identifiable individual is one who can be recognized directly or through a combination of other details that we possess or can obtain access to.
The Policy interprets “processing” as an activity that necessitates the utilization or collection of personal data. It covers the handling, organization, and preservation of personal information.
Our offerings are targeted at broad audiences and are not crafted for anyone below 18 years of age. We do not intentionally collect or request data from individuals under 18. We do not knowingly permit such individuals to use our services. Upon becoming aware of any such information about minors, we will promptly delete it.
2. What information do we hold about you?
When you utilize our services or browse our site, we gather personal information. We may ask for your personal details at specific times. In other cases, we collect your personal data by analyzing the usage of our offerings or channels, or through information from our partners in Indonesia.
3. You are under no obligation to provide the company with personal details or the implications thereof.
However, you're not required to give us any personal information. Yet in some situations, not providing personal data might prevent us from delivering services or restrict users from accessing the website.
4. Which types of personal information can we collect? When you access our site, we gather the following data about you:
This comprises details about your online activity record, data concerning your web traffic (including IP address, access date, access time, and access date) the language used, software error logs, the browser type in use, and information about the device in operation. The collected details are not personal and cannot identify you.
The Personal Information you voluntarily share with Us when you connect with an Indonesian third-party online trading platform through Our services.
The details you submit expressly to external services to enable transactions include your full name, residential address, contact number, and email.
5. The lawful foundation and the justifications for handling personal information.
The company handles your personal information for objectives outlined in this section, adhering to the relevant legal grounds applicable to it.
Without a legal framework, the company cannot utilize your personal data. The lawful reasons the company relies on to handle your personal information are:
- You have agreed to the handling of your personal details for one or several purposes. This occurs when you provide personal data through the website so we can relay it to an external trading platform.
- The organization or an external entity may need to handle data to satisfy their valid interests. For example, enhancing our offerings or addressing legal disputes is essential.
- Compliance necessitates adhering to legal requirements.
Reach out to us through email for further information about the steps required to protect the rightful interests.
Here is a collection of justifications and valid reasons that might prompt us to utilize the information you provide. Personal data.
To share your details with external entities upon your request to obtain entry to online trading platforms.
Should you request it, we might collect your personal information to pass it along to external companies.
You have agreed to the handling of your personal information for one or more purposes.
To address your inquiries, issues, or worries, collecting personal information is essential for assisting you with any questions you have about the services offered.
The company's valid interests or those of another party require handling.
To fulfill any legal, administrative, or court-related obligations, personal data is utilized to adhere to the legal standards in Indonesia.
To fulfill legal duties, processing is necessary.
To Improve Our Offerings We may utilize Personal Data to refine Our Offerings. This covers, among other aspects, any error or failure notifications that we gather regarding the offerings.
The company's valid concerns or those of a third party must be addressed.
Preventing Fraud and Abuse of Our Services
To execute and oversee tasks that align with our service obligations, such endeavors encompass administrative duties, growth initiatives, tactical resolutions, supervisory frameworks, among others.
The organization’s valid concerns or a third party’s benefits need handling.
To perform evaluations, like statistical assessments to decide on various matters, we utilize a range of analytical methods (including statistical ones).
The company's valid goals or a third party's rights require processing actions.
To Protect Our Possessions, Rights, and Concerns, as well as Third Parties', We Have Created HTML0 to Establish and Defend Legal Claims. Personal Data May Be Utilized by Us to Protect Our Rights, Interests, and Possessions, or Those of a Third Party, in Accordance with Any Relevant Indonesian Laws, Regulations, or Agreements and Any Terms, Conditions, or Policies.
The valid objectives of the company or those of another entity must undergo processing.
6. Transferring Personal Information to External Parties.
The business is able to share personal information with third-party firms that deliver services for us, such as hosting and storage providers, IP address data, and evaluations of user experiences.
You are welcome to request us to disclose particular personal data about you to third-party trading platforms. In these cases, we will transmit the personal information you supply to us to third-party trading systems. The handling of your personal data will adhere to their privacy guidelines. Your personal information might be distributed across various trading platforms.
The organization may have the capability to disclose personal information to affiliated entities or collaborators. This exchange could furnish the organization with essential resources to enhance and refine the offerings it delivers to its clientele.
Should there be a need to protect the rights of outside parties or property, The Company is allowed to share personal information with regulatory bodies, local entities, or other official authorities.
We could also share your personal information with prospective investors or purchasers, or with entities providing loans to the firm or any affiliated company within the group if such a transaction occurs. This includes instances of asset sales or transfers relating to the company or its affiliates, or during any merger, reorganization, consolidation, or insolvency involving the company or any associated business within the group.
7. Third-party tools and cookie usage.
External services, like those delivering ads on our site or analytics firms, may be engaged. These entities might also employ cookies or other technologies.
Whenever you visit a website, small text documents known as cookies are stored on your device. These cookies gather data on your likes and surfing behaviors to enhance your experience, monitor your settings, and tailor the offerings you may appreciate. Additionally, cookies are employed for statistical purposes and analytics.
Some cookies we might employ are session cookies. These are briefly stored on your device and expire shortly after closing your browser. Meanwhile, other cookies are lasting. These enduring cookies stay on your device for a while even after you exit your browser. They help the website recognize you as a returning visitor and allow users to revisit the platform.
Types of cookies:
They can be utilized by us according to their intent: .
Cookies are essential beyond question.
These cookies are essential for accessing the features you've requested and navigating our site. They help deliver the information, products, and services you've sought from us.
They are essential for your gadget to fetch and stream data. This enables you to explore the site, engage with its tools, and revisit pages you have accessed before.
Cookies gather personal information, like your user ID, along with the most recent login date to verify your active session on the site.
Once you shut your web browser, they vanish (session cookies).
Cookies for functionality.
Cookies help us identify you on each visit to our site and store your settings and choices.
They remain valid up to their expiration date and persist even after closing the browser.
Performance-enhancing cookies
Cookies collect statistical information about the site's performance and assist in improving it. They also enable us to conduct analysis on our website.
Cookies gather non-personal data that cannot be linked to any recognized or recognizable individual.
They are removable once you close your browser. Some cookies last indefinitely.
Cookies are restricted or deleted.
To manage or delete cookies, adjust the settings in your browser. Below are links to guide you through the process for some of the most popular browsers.
- firefox
- Microsoft Edge
- Google Chrome
- safari
Be mindful that if this occurs, some or all parts of the website's capabilities and operations may not work as you anticipate.
ONLINE SURVEILLANCE NOTICE
This platform does not accommodate do-not-track requests at this time.
8. The Storage of Your Personal Information .
The firm aims to keep your personal information for as long as needed to achieve the data processing objectives outlined in this policy, or for extended durations if allowed by Indonesian law, regulations, policies, and applicable directives.
For a duration of 12 months, we will distribute your details to third-party trading platforms. If you consent, this data sharing will persist for an additional 12 months.
We frequently assess the Personal Data retained to confirm it is still necessary.
9. Transmission of personal data to an overseas nation or to a global body.
Your personal information might be moved to different nations, meaning your private data could be sent to a separate nation (i.e., any country besides where you live) or to worldwide organizations. Such entities may include Global Organizations or Jurisdictions. We take every required measure to safeguard the personal information you offer, ensuring that data subjects can uphold their rights and access effective legal remedies.
These rights and protections are available to all individuals living in the Indonesian region.
- Transfer to a third nation or global organization which the EU Commission has confirmed provides sufficient safeguarding of personal data transferred to it, in alignment with article 45 (3) of Regulation 2016/679 of the European Parliament and of the Council of 27 April 2016. (the "GDPR").
- The transaction is conducted under a valid and enforceable legal contract between governmental bodies or authorities in line with Article 46 (2) (a) relating to Indonesia.
- The transaction adhered to standard data protection clauses, sanctioned by the EU Commission per Article 46 (2) (c) of the GDPR. You can view the Clauses sanctioned by the EU Commission at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
The organization can share details on the protective strategies it uses to secure your personal information sent to countries like Indonesia or international bodies. Please direct your inquiries via email to info@wealthwaydigital.uk.
10. Safeguarding Personal Information.
We have implemented suitable organizational and technical measures to protect personal data. This involves preventing accidental or unlawful destruction, loss, or alteration of personal information.
We cannot promise that the protection of your personal information will be flawless. Additionally, we are not responsible for any indirect, unexpected, or consequential damages resulting from the use or exposure of personal data. Although this encompasses, it is not limited to, personal data being exposed due to transmission errors, unauthorized access by a third party, or any other factors beyond our control.
Should legal or other obligations arise that exceed our control, we may need to disclose your personal information to external parties, including government agencies. In these cases, we are unable to oversee the protection provided to your personal data by these third parties.
Transmitting personal data online cannot guarantee complete safety. The Company is unable to assure the protection of personal information you send to us via the Internet.
11. Links directed to web pages owned by external Indonesian sites.
The website provides links to external applications and sites. These are not governed by our company. We do not take responsibility for their collection or handling of personal information. This Policy does not apply to activities on those apps or sites.
Before using or accessing any third-party apps or websites, it's advisable to review their privacy policies. We also recommend sharing your personal information with them judiciously.
12. Changes to this Policy.
This policy may be altered at any moment. Should any adjustments occur, we will inform you by updating the revised policy on our website. Furthermore, for major changes, we will endeavor to notify you through methods we consider suitable and will make an announcement online. Unless stated otherwise, any changes will take effect once the updated policy is published.
13. Your entitlements concerning your personal data
You have the right to ask us to confirm the correctness of the personal information collected about you, correct any inaccuracies, and erase any personal data not needed by us. You can also limit the range of processing activities related to personal information.
If you live in Indonesia, kindly visit this page: .
You have available rights concerning the details you submit regarding your personal data. To invoke these rights, you can send an email to the address listed below.
Access rights
The organization can confirm the precision of the personal information being managed about you. If so, you have the ability to access your personal details.
The organization seeks to provide a digital version of the personal information being handled and may impose a fair charge for any extra versions. Upon request, the data will be accessible digitally.
The entitlement to access personal information should not infringe on others' rights and liberties. If fulfilling the request harms another's rights or liberties, the company may decline it or restrict its ability to comply with it.
Entitlement to correction.
The organization has the right to amend incorrect personal information. You have the right to request that any incomplete personal data related to you be corrected, considering the purpose for processing.
Right to Erasure
Here are the reasons that apply: (a) The personal information is no longer needed for the purpose for which it was initially gathered or processed; (b) You retract your consent, leaving no legal grounds for processing; (c) You raise an objection at any time due to a situation-specific reason against processing personal data about you, which relies on legitimate interests pursued by us or a third party; (d) The personal data is processed unlawfully; or (e) The personal data needs to be erased to meet the company's legal obligations.
This entitlement does not apply when processing is vital (a) to meet an obligation dictated by legislation necessary under Indonesian law or the regulations of an Indonesian state; or (b), to establish, exercise, or defend lawful claims.
Handling limitations.
If you're worried about the precision of your personal information, you can request the company to restrict how they process your data.
Should you request a restriction on personal data, it may be retained only with your permission, to establish, enforce, or challenge legal claims, protect another person's rights, or if there is a significant public interest reason in Indonesia or its provinces.
Entitlement to transfer data
Should the procedure be handled by an automated system and relies on consent or an agreement that you're a party to in Indonesia, you possess the legal authority and entitlement to examine the personal information you've provided to the organization.
You have the right to request the direct transfer of your personal information from the organization to another controller, if it is technically possible. Exercising your right to data portability does not alter your rights under the right to be forgotten. The right to data portability does not infringe upon the rights or freedoms of others.
Right to challenge
You may challenge any processing of your personal data, which is based on the company's or a third party's legitimate interests, at any moment. This includes any profiling primarily based on such legitimate interests. If we can demonstrate compelling legitimate reasons for handling personal data, our ability to continue will cease unless you can show that your rights, freedoms, or interests, or the exercise, establishment, or defense of legal rights, are more significant.
Regarding direct marketing, you have the right at any moment to object to the processing of your personal data.
Authority to decline permission.
You may withdraw your permission for us to handle your personal data at any moment. This will not impact the legitimacy or legality of any processing that relied on your consent before its withdrawal.
You have the right to register a grievance with the body overseeing your activities.
You have the right to submit an appeal to an oversight authority established by a member state to protect the fundamental rights of individuals concerning personal data handling within Indonesia.
Indonesian laws, along with those of its regions, might restrict your entitlements regarding your personal data as explained in part 13 here.
We shall deliver the information you seek, in accordance with your entitlements under clause 13 of this deal, within a month of receiving your inquiry. This period may be prolonged to a maximum of two months, depending on the request's complexity and volume. Within one month of receiving your inquiry, we will inform you of any delay and the reasons for it.
Provided it aligns with the rules in section 13 of Indonesian law, the details you seek under this section will be provided at no charge. If the inquiry lacks justification or is overly repetitive, we might apply a reasonable fee to cover administrative costs for supplying the data or fulfilling the requested action. In some cases, we may refrain from acting.
If we have uncertainties regarding who genuinely submitted your request, the company may seek additional details.