GDPR COMPLIANCE PRINCIPLES

Comprehensive Overview of GDPR Compliance Principles and Our Commitment to Data Protection

At Equilex Limited (legal name Equilex Limited, registration number 78733607, address Unit B, 11/F, 23 Thomson Road, Wan Chai, Hong Kong SAR China), protecting your personal data is our highest priority. Our commitment to privacy is based on the key principles established in the General Data Protection Regulation (EU) 2016/679 (GDPR). These values serve as the foundation for our internal processes and serve as the basis for all of our choices about how we handle your data. Each principle is covered in full below, along with an explanation of its practical application and your rights as a data subject. Please take note that our Privacy Policy contains comprehensive details on certain data processing techniques and security precautions.


Lawfulness, Fairness, and Transparency

We handle your personal information in a fair, transparent, and legal manner. This indicates that all data processing is done honestly, openly, and legally with you as the data subject. We follow the following procedures in accordance with this principle:


Purpose Limitation

We only gather and use personal information for specified, predetermined, and legal objectives, about which you are informed beforehand. This implies that your information will only be utilised for the reasons it was gathered. We never utilise personal data in a way that is inconsistent with its original intent. For instance, we won't give your email address to a partner for advertising without your knowledge and consent if you give it to us in order to receive updates about our service. Every processing objective is well-documented; we outline the justifications for gathering particular data in both our internal and public records, including the Privacy Policy. We will get your separate consent in advance or find another legal basis for processing if data needs to be used for a purpose that differs from the original one. You may therefore be sure that your personal information won't be utilised in ways that aren't anticipated or that go beyond the original intent.


Data Minimization

We follow the data minimisation principle, which states that we only gather personal data that is absolutely required for the stated processing reasons. This is carried out in practice as follows:

We lower the dangers to your privacy by adhering to the "nothing extra" philosophy. The chance of leaks or illegal access decreases with the amount of data processed and stored. We don't gather data "just in case," gathering information that could be helpful later. Every request for information is thoroughly supported by a specific need.

Additionally, we routinely examine the information we gather, eliminating any requests or fields that are not necessary. Therefore, we make sure that we only ask for information that is actually required to accomplish the stated goals in every engagement.

Accuracy

Another important rule we adhere to is maintaining the accuracy and timeliness of personal data. Since this impacts the calibre of our services and your trust, we take every reasonable step to make sure the data we have about you is accurate, comprehensive, and up to date. The following procedures are put in place to guarantee accuracy:

In order to maintain accuracy, your assistance is also essential. Please let us know if any of your personal information has changed or needs to be corrected. Since correct data is necessary for efficient service delivery and protecting your rights, we value your initiative.

Storage Limitation

We only keep personal information for as long as is required to fulfil the objectives for which it was gathered. According to the storage limitation concept, each type of data has a specified retention duration beyond which it is anonymised or securely erased. This is how we make sure this:

We lower the chance of data misuse or vulnerability to breaches over time by reducing the length of time that personal data is kept on file. You may be confident that we consistently adhere to deadlines and don't keep your data longer than is necessary.

Integrity and Confidentiality

We take every precaution to guarantee the confidentiality and integrity of your personal information, shielding it from disclosure, alteration, unauthorised access, and destruction. Both organisational and technical methods are used to fully execute this data security policy. This is how we safeguard your information:

We guarantee the highest security standards for the processing and storage of your personal data by following this concept. Confidentiality guarantees that information cannot be accessed by unauthorised parties, while data integrity guarantees that information stays correct and unaltered within the system. When combined, these safeguards enable us to uphold a high degree of security and confidence.


Accountability

Equilex Limited is fully aware of its need to adhere to GDPR regulations and is able to prove it. According to the accountability principle, we can offer concrete, verified proof of our compliance in addition to following the rules. This is how our organisation implements accountability:


Updates and Legal Information

This document may be updated or modified at any time to reflect modifications to our data processing procedures, laws, or regulatory obligations. Every update will be posted on this page, and the previous update date (seen below) will be modified appropriately. We advise checking this area from time to time to stay up to date on the latest iteration of our GDPR compliance guidelines. Please be aware that this document does not replace our Privacy Policy or other relevant papers; rather, it is a supplement to them. If there are any differences, the Privacy Policy will take precedence. Clarifying our approach to GDPR compliance is the goal of this informational publication.


Contact Information

Please get in touch with us if you have any queries, suggestions, or requests about the protection of personal data or how we handle your information. We value your input and are always here to help.

We make an effort to answer all questions in a timely and thorough manner. We will reply within the timeframe set by GDPR (usually within one month) if you request information regarding your data or the exercise of your rights. We appreciate you entrusting Equilex Limited with the protection of your data, and we make every effort to earn your confidence.

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