e. If you are seeking direct contact with one of our customer advisors or to establish a customer relationship with us
The purpose of data processing is to provide financial services in the context of the performance of our contracts with our customers or the execution of pre-contractual measures taken at their request. The purposes of data processing depend primarily on the specific product and may include, among other things, needs analysis, advice, asset management and the execution of transactions. Further details on the purposes of data processing can be found in the relevant contract and in the General Terms and Conditions of Consilior Ltd.
If necessary, we process your data beyond the actual execution of the contract to safeguard legitimate interests on our part or those of third parties. If the processing of personal data is based on a “legitimate interest”, our legitimate interest is primarily the performance of our business activities in the interests of our customers, partners, employees, and shareholders.
Insofar as you have given us your consent to process personal data for specific purposes, the legitimacy of this processing is based on your consent. The consent given may be revoked at any time. The revocation of consent does not affect the lawfulness of the data processed until the revocation.
In addition, as an asset manager, we are subject to various legal obligations, i.e., legal requirements (e.g. Financial Institutions Act, Financial Services Act, Money Laundering Act, etc.) as well as supervisory regulations (e.g. FINMA regulations and circulars). The purposes of the processing include the verification of identity, the prevention of fraud and money laundering, the fulfilment of legal reporting obligations and the assessment and management of risks within Consilior Ltd.
4. How long is personal data stored?
We process and store your personal data for as long as is necessary to fulfil our contractual and legal obligations or for the specific purpose for which it was collected. In the case of newsletter subscriptions, this generally applies at least for the duration of the subscription. In the case of customer relationships, this applies at least if the data is required to fulfil our contractual and legal obligations.
We also store personal data if we have a legitimate interest in storing it, e.g. for the purposes of documentation and preservation of evidence as well as for the exercise and defence of legal rights. If the data is no longer required for the fulfilment of contractual or legal obligations, it is routinely deleted, unless your personal data is subject to a legal retention obligation.
5. What data protection rights do users have?
Under the law applicable to you, you also have the right to obtain information, rectify, delete, restrict the processing of data and object to our data processing, as well as the right to receive from us, free of charge, the personal data you have provided to us in a readable format.
You also have the right to revoke your consent to the processing of your personal data at any time. Such a revocation is only effective for the future and does not affect the lawfulness of the data processing carried out until the revocation.
6. Information on your right to object
You have the right to object at any time, on grounds relating to your situation, to the processing of your personal data based on data processing in the public interest or on data processing based on a balance of interests.
If you object, we will no longer process your personal data unless there are compelling legitimate grounds for the processing which override your interests, rights and freedoms, or the processing serves to assert, exercise or defend legal claims.
The exercise of such rights usually requires you to clearly prove your identity (for example, by a copy of an identity document if your identity is not clear or cannot be verified by us). To assert your rights, you can contact us at the address indicated in point 1.
In addition, every data subject has the right to assert their rights in court or to file a complaint with the competent data protection authority. The competent data protection authority in Switzerland is the Federal Data Protection and Information Commissioner (www.edoeb.admin.ch).
7. Changes to the privacy statement
Consilior Ltd. reserves the right to amend the data protection declaration at any time in order to adapt it to changes in the legal situation or in the event of changes to the service or data processing. Users are therefore requested to regularly inform themselves about the content of this declaration on our website.