Terms and Condition
YFIA Terms and Condition...
Purpose of the processing.
The data is gathered in light of a legitimate
concern for Know Your Customer and Against Illegal tax avoidance guidelines.
The organization is permitting people to take an interest in a crowdfunding
exercise. A few locales don't permit their residents and occupants to take an
interest in such exercises. We, hence, are needed to gather essential data on
the individuals who take an interest to illustrate, when important, that residents
and occupants of that ward didn't partake in crowdfunding. The lawful reason
for this preparing of information is found in worldwide law (various laws from
various nations) including however not restricted to, The UK Budgetary
Administrations Act, The US Protections Enactment, European Money related laws
and guidelines (counting those of its part states), Chinese Monetary Code,
against tax evasion laws, and antiterrorism laws.
Third Parties
Data may from time to time, be shared with
third parties for the purposes of conducting a Know Your Client assessment so
that participants can prove their location, residence, and citizenship. All
parties that have access to your data will be members of the necessary data
controlling bodies of their respective countries. For example, the Information
Commissioners Office of the United Kingdom.
Safeguards
Your data will never be shared with any third-party without your consent or court order provided by a court of competent
jurisdiction within the country making the request.
Retention Period
All data will be stored for a period of a
minimum of six months and a maximum of two years.
Source of Data
All data collected on you will be done so by
your submission of the information and collection of information from the machine you access the website with. Data collection is limited to that
contained in our registration method and that information which your computer
automatically transmits to our company when accessing our site such as cookies
and IP data.
YFIA Holding Limited will self-manage all
crypto assets and has elected to not immediately outsource this activity to a
third-party crypto-asset custodian. This is a material risk given that the
burden of protecting and safeguarding crypto assets falls wholly upon YFIA
Holding Limited, as crypto assets face the constant risk of being stolen by
malicious actors. Nebbex and Regal Assets bear no responsibility and as such, no
third party insurance or safeguarding mechanism is in place for investors. YFIA
Holding Limited intends to use Nebbex for clients deposits for its Exchange and
shall communicate with its community when that action has occurred.