1. Introduction
At TomaSteed Alternative Credit Advisors Limited, we are committed to protecting and respecting the privacy of our employees and third parties, including contractors, consultants, and business partners. This Privacy Notice explains how we collect, use, disclose, and protect personal data in accordance with the ADGM Data Protection Regulation 2021. It also outlines your rights regarding your personal data and how you can exercise these rights.
2. Scope of Data Collection
This Privacy Notice applies to the personal data we collect from:
• Employees: Including permanent, temporary, and former employees.
• Third Parties: Including contractors, consultants, suppliers, business partners, and other external individuals whose data we process in the course of our business operations.
3. What Data We Collect
We may collect and process the following types of personal data:
• Personal Identification Information: Name, date of birth, gender, nationality, marital status, Emirates ID/passport details, and visa information.
• Contact Information: Home and business addresses, telephone numbers, and email addresses.
• Employment and Contractual Details: Job title, department, work location, employment or service contract details, start and end dates, work history, qualifications, and ADGM visa information.
• Financial Information: Bank account details, salary, bonuses, allowances, invoicing information, tax information, and pension details.
• Health Information: Medical certificates, disability information, health and safety records, and health insurance details.
• Performance Information: Appraisal records, disciplinary and grievance procedures, training records, and service delivery assessments.
• Business Information: Information related to your professional role and business dealings with Astute Asset Managers Limited, including communications, agreements, and project details.
4. How We Use Your Data
We use your personal data for the following purposes:
• Human Resources and Contract Management: Managing recruitment, payroll, benefits, promotions, training, employee relations, and third-party contracts.
• Legal Compliance: Ensuring compliance with ADGM employment laws, contract laws, and other regulations, including our obligations under the ADGM Data Protection Regulation 2021.
• Performance Monitoring and Service Delivery: Assessing and managing employee performance, career development, disciplinary matters, and evaluating third-party service delivery.
• Workplace and Contract Safety: Protecting health and safety within the workplace and in the execution of contracts, including managing incidents and accidents.
• Communication: Contacting you regarding your employment, contract, benefits, company policies, or business dealings.
• Operational Efficiency: Managing and coordinating business operations, including project management, collaboration with third parties, and ensuring smooth business processes. • Client and Business Partner Services: Processing personal data to provide services to clients, business partners, and third parties, including managing relationships, fulfilling contractual obligations, and ensuring effective communication and service delivery.
5. Legal Basis for Processing
We process your personal data based on the following legal grounds under the ADGM Data Protection Regulation 2021:
• Contractual Necessity: To fulfil our employment contracts, service agreements, or other contractual obligations with you.
• Legal Obligation: To comply with ADGM laws, regulations, and legal obligations, including those related to employment, contract, health, and safety.
• Legitimate Interests: To manage our workforce, business operations, and third-party relationships effectively, protect the company’s interests, and ensure operational efficiency.
• Consent: Where you have given explicit consent for specific data processing activities, such as processing certain health data or emergency contact details.
6. Data Sharing
We may share your personal data with:
• Service Providers: Third-party providers who assist with payroll, benefits administration, IT services, and other necessary functions.
• Regulatory Authorities: ADGM Authority, Financial Services Regulated Authority (FSRA), and other regulatory bodies when required by ADGM law.
• Affiliated Companies: Other entities within the Astute Asset Managers Limited group for internal administrative purposes, in compliance with the ADGM Data Protection Regulation 2021.
• Business Partners: When necessary, we may share data with other business partners or contractors involved in projects or service delivery, ensuring compliance with relevant data protection requirements.
7. Data Security
We implement appropriate technical and organizational measures to protect your personal data against unauthorized access, loss, or misuse. Access to your data is restricted to authorized personnel who require it to fulfil their job responsibilities or contractual obligations.
8. Data Transfers
Where your personal data is transferred outside the ADGM to third countries, we ensure that appropriate safeguards are in place, in compliance with the ADGM Data Protection Regulation 2021, to protect your data during such transfers.
9. Data Retention
We retain your personal data only as long as necessary to fulfil the purposes for which it was collected and to comply with legal obligations. This includes retaining records for a period after your employment or contract ends, in line with ADGM regulations.
10. Your Rights
Under the ADGM Data Protection Regulation 2021, you have the following rights concerning your personal data:
• Access: Request access to the personal data we hold about you.
• Rectification: Request corrections to any inaccurate or incomplete data.
• Erasure: Request the deletion of your personal data, subject to certain legal conditions. • Restriction: Request the restriction of processing under certain circumstances. • Objection: Object to the processing of your data, particularly where the processing is based on legitimate interests or for direct marketing purposes.
• Data Portability: Request the transfer of your data to another organization or yourself in a structured, commonly used format.
To exercise any of these rights, please contact our Data Protection Officer (DPO) at Email and Phone No.
11. Changes to This Notice
We may update this Privacy Notice from time to time to reflect changes in our practices or the law. Any updates will be communicated to you via email or other appropriate means.
12. Contact Information
If you have any questions or concerns regarding this Privacy Notice or our data protection practices, or if you wish to exercise your rights, please contact our Data Protection Officer at: Email and Phone No.