This Privacy Notice explains how we collect, use, disclose, and safeguard and treat your personal information when you are seeking to become a client, and/or you are a client of novolegal, whether through an ongoing business relationship or an occasional transaction (collectively, "Services").
By utilising, or receiving, our services, you agree with the terms of this Privacy Notice. By providing us with your personal information, you acknowledge to the Firm processing your personal data/personal information in accordance with this Notice and the applicable EU laws and regulations.
2.0 What type of personal information will we hold on you and why?
We may collect, store and use the following kinds of personal information:
- Personal details as per our ‘Know Your Customer’ (KYC) forms and/or through our “KYC Portal” system. Details will include your name, surname, address, identification details, date of birth, the service we are providing you, citizenship, nationality and similar information about you.
- We will keep a copy of your identification document(s) such as ID card, driving license, residency card, passport or any other identification document available to fulfil our obligations under the 4th AML Directive.
- We will keep a copy of information or documentation to proof residency of your address such as bank statement, bank reference, utility bill, fix telephone line bill or similar documentation. This is to fulfil our obligations in line with the 4th AML Directive.
- We will keep a copy of name checks, google searches and passport checks on you. Such ‘name screening’ is performed to prevent fraud, money laundering, funding of terrorism, financial crime or any other type of crime. This is also in line with the 4th AML Directive and/or internal risk-based policy of the Firm. Such screening services are performed when the relationship with the client or prospect has initiated and on an ongoing basis applying a risk-based approach.
- We shall use your personal data to perform, in a manual or automated manner, a risk classification/profiling which would classify you as ‘low risk’, ‘medium risk’ or ‘high risk’ in order to fulfil our obligations under the 4th AML Directive. Such classification will affect the level of ongoing monitoring we perform on you and/or the level of documentation we request.
- We will keep a copy of your communication with us, such as emails and letters, in line with our legal obligations under the 4th AML Directive.
- We may use your personal data, especially one or more of your identification documents, to perform automated facial recognition if you agree to perform an online video conference with a representative of the firm via the KYC Portal. Such video conference will also be recorded and screen shots from such video conference will also be kept on record. This facility is used in line with the 4th AML Directive and/or the FIAU’s implementing procedures which describe in detail the requirement for such a process to take place. This procedure may also be used to minimise the “channel risk” of the customer and hence may also affect the risk profile of the customer positively.
- We may also process and hold information about your wealth, such as the value of your assets or liabilities; details of bank accounts, inheritance information; and similar related information to your global net worth. We shall use such information in line with our AML/CFT obligations.
- We shall process and hold certain declarations that we may ask you to provide, mostly referred to as ‘personal declarations’ within the online Client Onboarding Questionnaire that is provided to clients through our KYC Portal. This information is processed in line with our legal obligations and/or to protect our legitimate interests when it comes to ensuring that we are doing business with reputable individuals
- We may hold and process any other information or documentation we provide to you to complete, whether in physical or digital format, in line with our legal obligations and/or internal risk-based approach policy.
- We may also ask for a copy of your employment contract as a supporting documentation on your source of wealth or funds, on a risk-sensitive basis.
- We may hold CCTV recordings of you should you have visited our offices. These are kept for the purpose of preventing crime and protecting our staff and clients.
3.0 When do we need your consent?
We shall need your consent in the following circumstances:
- When sending you marketing material or promotions regarding our services, unless we identify another legal basis to do so;
- When sharing your personal information outside the Firm, unless we are required to do so by law such as providing information to police, court of law or a competent authority. Please see section 5 for more details; and
- When processing your personal information without having one of the other legal basis found in section 4 below.
Please note that you can withdraw your consent at any time, unless there is another legal basis that allows us to process your data as per the below section.
4.0 When can we process your personal data?
Apart from the ‘consent’ noted in section 3 above, we may also process your data if we have the following legal basis:
- Contractual obligation or necessity;
- Legal obligation;
- Member-state law;
- Vital interest of the data subject;
- When processing the data is in the best interest of the public; and
- Legitimate interest of the firm.
It is the nature of our business to process your data due to a contractual or legal obligation. When neither of these apply, it is likely that we will process your data based upon a legitimate interest. As a last resort, if we do not have a legal basis to process your data, then we will ask for your consent. That said,novolegal may process data according to regulations listed within the General Data Protection Regulation (“GDPR”).
5.0 How and when do we disclose your personal information to third parties?
We may disclose your personal information:
- To the extent that we are required to do so by law;
- In connection with any ongoing or prospective legal proceedings;
- In order to establish, exercise or defend our legal rights (including providing information to others for the purposes of fraud prevention and reducing credit risk);
- To any person who we reasonably believe may apply to a court or other competent authority for disclosure of that personal information where, in our reasonable opinion, such court or authority would be reasonably likely to order disclosure of that personal information;
- To any of our employees, officers, insurers, professional advisers, bankers, agents, suppliers, IT service providers or subcontractors insofar as reasonably necessary for the purposes set out in this notice;
- If the Firm is merged, acquired, or sold, or in the event of a transfer of some, or all, of our assets or equity, we may disclose or transfer Personal Information and usage data in connection with such transaction;
- In all other circumstances where you would have given your consent.
We will not, without your express consent, supply your personal information to any third party for the purpose of their, or any other third party's, direct marketing.
Personal information that you publish on our website or submit for publication on our website may be available, via the internet, around the world. We cannot prevent the use or misuse of such information by others.
6.0 Where is your data stored and how is it protected?
Your data may be stored in one or more of the following locations:
- Physical files located at the premises which our lawyers and/or consultants and other executives may operate and provide services from time to time;
- A server located at the premises which our lawyers and/or consultants and other executives may operate and provide services from time to time;
- On Cloud (Microsoft), which is located within the European Union;
- On laptops owned by the firm and accessed by employees of the firm and/or IT service providers.
6.1 How is your personal data protected?
We will take reasonable technical and organisational precautions to prevent the loss, misuse or alteration of your personal information. We maintain physical, electronic, and procedural safeguards to protect the confidentiality and security of Personal Information and other information transmitted to us.
You acknowledge that the transmission of information over the internet is inherently insecure and while we strive to protect information transmitted on or through the Site or Services, we cannot, and do not, guarantee the security of any information you transmit on, or through, the Site or Services, and you do so at your own risk.
That said, when information reaches our firm, we shall take the necessary steps to protect such information. This is done by one or more of the below:
- Ensuring the data is safeguarded by the use of firewalls, encryptions, access restrictions and/or passwords;
- In case of physical copies of your personal information or data, precaution shall be taken to ensure such data is accessible only to individuals within the Firm that require to access your data to perform their duties and/or to provide you with a service;
- The Firm shall ensure that proper backups are taken to prevent the data from being lost; and
- Without prejudice to section 6 above, your data saved in digital format on our servers, cloud or on our KYC Portal system shall be accessible by individuals that are required to access your data to perform their duties and/or to provide you with a service.
7.0 For how long shall we keep your data?
Personal data will be retained by novolegal for as long as it is necessary for the purposes of processing such data. Thus, the Firm will keep data for as long as it is obliged to by law, or need to keep a record of, a relationship with a client. That said, we shall not keep data for longer than 10 years following termination of a business relationship or the completion of an occasional transaction.
CCTV recording: in case you have visited our offices – recordings kept for 1 month before being automatically overwritten. This is processed for the prevention of crime and safety of our employees and customers.
7.1 How shall we destroy your data after the retention period is over?
We shall destroy your data in a safe and reliable manner. Physical files shall be destroyed by means of shredding. Shredding services may be outsourced to third parties. novolegal shall ensure that if shredding is outsourced to third parties, the Firm shall review their data privacy procedures and safeguard the interest of the data subjects through ways and means such as through a contractual agreement between novolegal as data controller and the shredding company as data processors in line with Article 28 of the General Data Protection Regulation. For the removal of any doubt, this would only apply if novolegal provides non-shredded data to the shredding service provider. If shredding is done in-house, then the shredding service provider will not be considered as a data processor.
In the case of data stored in digital format, such data shall be permanently deleted. This would include any backups held on servers and/or cloud.
Communication between the client and the Firm shall be deleted or destroyed.
Should the Firm be required to change one or more of its hard disks where data is, or was previously stored, the Firm shall ensure that such hard disk is disposed of in a professional manner and in a way that data cannot be retrieved from it in the future.
8.0 What are your Rights?
- You can obtain information regarding the processing of your personal information and access to the personal information which we hold about you by contacting our designated data protection official.
- You may request that any personal information be rectified by sending an e-mail notification on email@example.com.
- You have the right to request that we erase your personal information if it is inaccurate or incomplete. There may be circumstances where you ask us to erase your personal information, but we are legally obliged to retain it.
- You may object to, and request the processing of, your personal information in certain circumstances. There might be circumstances where you object to, or ask us to restrict, our processing of your personal information but we are legally entitled to refuse that request.
- You may instruct us at any time not to process your personal information for marketing purposes.
- You may withdraw your consent given under this Policy at any time by sending an e-mail notification. Our details are listed hereunder.
- Your personal information may only be stored unless further processing is brought about by individual consent and the necessity for the establishment of legal claims for the protection of the rights of another natural/legal person or for the public interest.
- You have a right to lodge a complaint to the supervisory authority of the jurisdiction in which the personal information is being provided.
- You may request one printed copy of this Privacy Notice free of charge.
9.0 Where can you complain if you have an issue related to Data Privacy?
We value our customers’ comments and we are committed to ensure that all our clients’ data is safeguarded and in line with regulation and our internal policies. Should you feel the need to complain about, or raise your objections, to how we are handling your personal data, then you may contact our data protection official using the following contact details:
- By post, to our our lawyers and/or consultants and other executives may operate and provide services from as may be applicable from time to time;
- By telephone on the number of the designated lawyer and/or consultant and other executives as noted on our People page on this website.
- By sending an email on firstname.lastname@example.org.
The Firm will do its utmost to ensure that complaints are handled and settled internally in an efficient and professional manner.
9.1 Contacting the Maltese Data Commissioner
You may also contact the Office of the Data Commissioner as follows:
- You may file a complaint with the Maltese Data Protection Commissioner through the following link:
- Alternatively, you may contact the office of the Maltese Data Commissioner by phone on +356 23287100 or by post using the below address:
Level 2, Airways House
High Street, Sliema, SLM 1549
10.0 Can we modify this Privacy Notice?
From time to time, we may change this Privacy notice. If we change this Privacy notice, we will upload the updated privacy notice on our website, or by posting a notice on our homepage stating that a change has occurred. We shall write to you should there be a ‘material change’ in the Privacy notice which affects your rights.
Date of this privacy notice is June 2019