Privacy Policy
CLIENT INFORMATION ACCORDING TO THE SWISS FEDERAL ACT ON DATA PROTECTION (“FADP”)
WS Wealth Strategy is informing you about its privacy policy and the personal data we are processing as part of our contractual relationship.
The new Swiss Federal Act on Data Protection (“FADP”) is in force since September 1, 2023 and echoes the EU General Data Protection Regulation ("GDPR"). The application of the specific laws depends on the individual case.
Identity and contact details of the person responsible for data processing
WS Wealth Strategy GmbH
Blegistrasse 15
6300 Baar
Switzerland
Laurent Monod
+41 79 955 48 58
Lmo@wealthstrategy.ch
Collection and processing of personal data
Personal data is all information that relates to a specific or determinable, identified or identifiable natural person. As part of its mandate, WS Wealth Strategy collects several types of personal data from you.
These include in particular:
As far as legally permitted, we may as well receive personal data about you from affiliated companies, from authorities or other third parties (such as custodian banks). The categories of data that we may receive about you from third parties include – in addition to the data that you have provided us with directly – data from public registers, data that we have received in connection with administrative or judicial proceedings, data about you from discussions with third parties, information about you that we have from persons associated with you (family members, consultants, legal representatives, etc.) for the purpose of concluding or processing contracts with you or with your participation (e.g. powers of attorney), information about legal regulations such as combating money laundering, information about you that can be found in the media or on the internet.
In principle, we store this data for at least 10 years. This period can be longer if this is necessary for reasons of evidence or to fulfill legal or contractual requirements.
Purpose of data processing and legal basis
We use the data collected primarily to provide the agreed services to our Clients as well as to comply with domestic and foreign legal obligations.
In addition, we may, in accordance with applicable law and to the extent appropriate, process personal data for the following purposes:
Rights of the Affected Person(s)
In line with applicable legislation, persons whose personal data is processed ("Affected Persons") have a number of rights in connection with the processing of their data. It is important to our company that you can exercise your rights easily and transparently if you wish.
In particular, you have the following rights:
Please also note that exercising these rights may conflict with our contractual agreements, which may result in consequences such as premature contract termination and associated costs. If this is the case, we will inform you in advance, unless this has already been contractually agreed.
In addition, each Affected Person may assert their rights in court or lodge a complaint with the competent data protection authority. The responsible data protection authority in Switzerland is the Federal Data Protection and Information Commissioner (https://www.edoeb.admin.ch).
Transfer of data to third parties and transfer of data abroad
In fulfillment of our contractual obligations vis-à-vis our clients and in order to fulfil regulatory obligations, we may transfer data to third parties for further processing, if we deem such transfer to be permissible and appropriate. In particular, such recipients may fall into the following categories:
If a recipient is located in a country without adequate legal data protection, we oblige the recipient to comply with our relevant data protection standards, unless the recipient is subject to a legally recognized privacy policy and we cannot rely on an exception. An exception may apply, for example, in the case of court proceedings abroad, but also in cases in which there is an overriding public interest or the performance of a contract requires disclosure if you have consented or if the data has been made generally available by you and you have not objected to the processing.
ConfidentialityWS Wealth Strategy maintains confidentiality on all information of confidential nature that comes into its possession within the context of exercising its activities. This duty of confidentiality also continues to apply after the agreement has ended. To perform its activities WS Wealth Strategy GmbH works with custodians, asset managers and other institutions. The Client is aware of and consents to the fact that it may involve exchange of their data with the respective counterparties to the necessary extent.
WS Wealth Strategy will take all reasonable steps and employ appropriate security measures to ensure compliance with all applicable data protection laws, including ensuring that Client Data is securely stored and protected against unauthorised access, collection, use, disclosure, copying, modification or other similar risks.
The Client is aware of and consents to WS Wealth Strategy disclosing and/or transferring Client Data to the Recipients foregoing persons (including the transfer of Client Data overseas) and agrees that each of them may collect, use, disclose, process and maintain Client Data for the purposes of administering or managing the business relationship, processing the Client’s investments, carrying out the Client’s instructions or responding to any enquiry of the Client, and for dealing in any other matters relating to the Client’s investments.
The Client further acknowledges and consents that Client Data may form part of the records of WS Wealth Strategy as to the business carried out by it, be used, processed, disclosed in connection with or for the purposes of observing any legal, governmental or regulatory requirements of any relevant jurisdiction (including KYC and AML requirements) and may provide a database to enable WS Wealth Strategy to evaluate the suitability of products and services and to disseminate marketing or other information on such products and services to the Client; provided that the Client may opt out of receiving such marketing or other promotional materials or information by sending a written request by email or post to WS Wealth Strategy. All Client Data may be retained and used after the termination of the business relationship between the Client and WS Wealth Strategy.
If WS Wealth Strategy obtains personal data in its capacity as a data controller within the meaning of the Federal Data Protection Act (DPA), it shall inform the data subject by means of the data protection declaration made available on the WS Wealth Strategy website or upon request as electronic or physical document.
Changes to this Privacy Policy
We may change this privacy policy at any time without notice. The most current version is published on our website. If the Privacy Policy forms part of an agreement with you, we will notify you by email or other appropriate means of any change.
WS Wealth Strategy is informing you about its privacy policy and the personal data we are processing as part of our contractual relationship.
The new Swiss Federal Act on Data Protection (“FADP”) is in force since September 1, 2023 and echoes the EU General Data Protection Regulation ("GDPR"). The application of the specific laws depends on the individual case.
Identity and contact details of the person responsible for data processing
WS Wealth Strategy GmbH
Blegistrasse 15
6300 Baar
Switzerland
Laurent Monod
+41 79 955 48 58
Lmo@wealthstrategy.ch
Collection and processing of personal data
Personal data is all information that relates to a specific or determinable, identified or identifiable natural person. As part of its mandate, WS Wealth Strategy collects several types of personal data from you.
These include in particular:
- Personal information (e.g. name, address, date of birth, marital status, etc.)
- KYC information (e.g. source of wealth, source of funds, AML transaction, etc.)
- Bank account information (e.g. statements, correspondence, )
As far as legally permitted, we may as well receive personal data about you from affiliated companies, from authorities or other third parties (such as custodian banks). The categories of data that we may receive about you from third parties include – in addition to the data that you have provided us with directly – data from public registers, data that we have received in connection with administrative or judicial proceedings, data about you from discussions with third parties, information about you that we have from persons associated with you (family members, consultants, legal representatives, etc.) for the purpose of concluding or processing contracts with you or with your participation (e.g. powers of attorney), information about legal regulations such as combating money laundering, information about you that can be found in the media or on the internet.
In principle, we store this data for at least 10 years. This period can be longer if this is necessary for reasons of evidence or to fulfill legal or contractual requirements.
Purpose of data processing and legal basis
We use the data collected primarily to provide the agreed services to our Clients as well as to comply with domestic and foreign legal obligations.
In addition, we may, in accordance with applicable law and to the extent appropriate, process personal data for the following purposes:
- Furnishing of products and services to our Clients.
- Communicating with third parties and processing their inquiries.
- Advertising and marketing (including the organization of events), unless you have objected to the use of your data for this purpose.
- Assertion of legal claims and defense in legal disputes and official proceedings.
- Prevention and investigation of crime and other wrongdoing.
- Ensuring our operations, including our IT platform and its applications.
Rights of the Affected Person(s)
In line with applicable legislation, persons whose personal data is processed ("Affected Persons") have a number of rights in connection with the processing of their data. It is important to our company that you can exercise your rights easily and transparently if you wish.
In particular, you have the following rights:
- to request and receive information as to whether and which of your data we are processing;
- demand that any inaccurate or incorrect information be corrected;
- to object to all or some processing;
- to request deletion of data;
- to request that we provide you or any other person you may wish to appoint with certain personal data in a commonly used electronic format;
- to withdraw consent where our processing has been based on your consent;
- to obtain further information on the exercise of these rights upon request.
Please also note that exercising these rights may conflict with our contractual agreements, which may result in consequences such as premature contract termination and associated costs. If this is the case, we will inform you in advance, unless this has already been contractually agreed.
In addition, each Affected Person may assert their rights in court or lodge a complaint with the competent data protection authority. The responsible data protection authority in Switzerland is the Federal Data Protection and Information Commissioner (https://www.edoeb.admin.ch).
Transfer of data to third parties and transfer of data abroad
In fulfillment of our contractual obligations vis-à-vis our clients and in order to fulfil regulatory obligations, we may transfer data to third parties for further processing, if we deem such transfer to be permissible and appropriate. In particular, such recipients may fall into the following categories:
- Data hosting and Software Companies
- Custodian banks and Service Providers
- Domestic and foreign authorities, official bodies and courts
If a recipient is located in a country without adequate legal data protection, we oblige the recipient to comply with our relevant data protection standards, unless the recipient is subject to a legally recognized privacy policy and we cannot rely on an exception. An exception may apply, for example, in the case of court proceedings abroad, but also in cases in which there is an overriding public interest or the performance of a contract requires disclosure if you have consented or if the data has been made generally available by you and you have not objected to the processing.
ConfidentialityWS Wealth Strategy maintains confidentiality on all information of confidential nature that comes into its possession within the context of exercising its activities. This duty of confidentiality also continues to apply after the agreement has ended. To perform its activities WS Wealth Strategy GmbH works with custodians, asset managers and other institutions. The Client is aware of and consents to the fact that it may involve exchange of their data with the respective counterparties to the necessary extent.
WS Wealth Strategy will take all reasonable steps and employ appropriate security measures to ensure compliance with all applicable data protection laws, including ensuring that Client Data is securely stored and protected against unauthorised access, collection, use, disclosure, copying, modification or other similar risks.
The Client is aware of and consents to WS Wealth Strategy disclosing and/or transferring Client Data to the Recipients foregoing persons (including the transfer of Client Data overseas) and agrees that each of them may collect, use, disclose, process and maintain Client Data for the purposes of administering or managing the business relationship, processing the Client’s investments, carrying out the Client’s instructions or responding to any enquiry of the Client, and for dealing in any other matters relating to the Client’s investments.
The Client further acknowledges and consents that Client Data may form part of the records of WS Wealth Strategy as to the business carried out by it, be used, processed, disclosed in connection with or for the purposes of observing any legal, governmental or regulatory requirements of any relevant jurisdiction (including KYC and AML requirements) and may provide a database to enable WS Wealth Strategy to evaluate the suitability of products and services and to disseminate marketing or other information on such products and services to the Client; provided that the Client may opt out of receiving such marketing or other promotional materials or information by sending a written request by email or post to WS Wealth Strategy. All Client Data may be retained and used after the termination of the business relationship between the Client and WS Wealth Strategy.
If WS Wealth Strategy obtains personal data in its capacity as a data controller within the meaning of the Federal Data Protection Act (DPA), it shall inform the data subject by means of the data protection declaration made available on the WS Wealth Strategy website or upon request as electronic or physical document.
Changes to this Privacy Policy
We may change this privacy policy at any time without notice. The most current version is published on our website. If the Privacy Policy forms part of an agreement with you, we will notify you by email or other appropriate means of any change.
| Client Information according to the Federal Act on Data Protection |