Understanding Our Privacy Policy Structure
At Lirunex Philippines, we enforce strict data protection measures that define how your personal details are gathered, processed, and secured. Our privacy policy aligns with Philippine regulations to ensure traders’ information remains confidential and properly managed. This framework includes data collection techniques, usage purposes, storage timelines, and rights granted to users. We tailor our approach to meet local banking requirements, peso currency operations, and Bangko Sentral ng Pilipinas guidelines. Regular updates maintain compliance and transparency for all platform users in the Philippines.
- Procedures for collecting personal information
- Protocols for safeguarding financial data
- Management of trading activity records
- Handling of communication preferences
- Implementation of account security controls
Our commitment is to maintain clear communication and protect your data integrity throughout your trading experience.
| Privacy Policy Section | Coverage Area | Update Frequency |
|---|---|---|
| Data Collection | Personal and financial data | Quarterly review |
| Processing Activities | Trading and account management | Bi-annual update |
| User Rights | Access, correction, deletion | Annual assessment |
| Security Measures | Technical and organizational | Monthly evaluation |
Data Collection and Processing Methods
Personal Information Collection
We acquire personal details during registration, verification, and ongoing account use. Required data includes full name, residential address, contact numbers, identification documents, and financial information necessary for compliance. Explicit consent is requested before collecting sensitive data, and we clearly indicate its use. This ensures transparency and aligns with the privacy policy tailored for the Philippines.
- Identity verification (passport, national ID)
- Contact details (email, phone, address)
- Banking and payment preferences
- Trading risk and investment profiles
- Device and browser metadata
These categories facilitate KYC compliance and secure transaction processing for Filipino traders.
Trading Activity Data Management
Our platform logs trading actions, transaction records, and interaction data automatically. This information supports personalized service delivery, fee calculations, and regulatory reporting. Data retention periods are defined in the privacy policy, ensuring accordance with legal mandates. Such management protects both trader interests and platform integrity.
User Rights and Data Control Options
Access and Correction Rights
Users in the Philippines can view their stored personal data, request corrections, and obtain copies of trading records. Access these features by logging into the Lirunex client portal and selecting the “Privacy Settings” tab. Formal requests should be submitted via the secure messaging system and are processed within 30 business days. This empowers traders with control over their information.
Data Deletion and Portability
Account holders can request deletion of non-essential information, especially after account closure, subject to regulatory retention policies. Additionally, data portability functions allow exporting of trading history, statements, and personal details in widely accepted formats like CSV or PDF. These features support seamless account management and personal record keeping.
- Submit deletion requests via client portal
- Export data for personal or transfer use
- Retention complies with Philippine law
- Partial deletion available for active accounts
- Support available through customer service
Security Measures and Protection Protocols
Lirunex employs robust security mechanisms to protect data privacy. We use 256-bit SSL encryption for all transmissions and multi-factor authentication to prevent unauthorized access. Servers are secured with advanced firewalls and monitored continuously for threats. Our privacy policy specifies layered protection according to data sensitivity, ensuring financial details receive maximum encryption.
| Security Level | Data Type | Protection Method |
|---|---|---|
| Maximum | Financial transactions | End-to-end encryption |
| High | Personal identification | Secure database storage |
| Standard | Trading preferences | Standard SSL protection |
| Basic | Marketing preferences | Basic encryption |
Regular audits and vulnerability assessments maintain the effectiveness of these measures.
Third-Party Data Sharing and Partnerships
Regulatory Compliance Sharing
We disclose user data strictly when mandated by Philippine regulatory bodies such as Bangko Sentral ng Pilipinas. Only the minimal required information is shared to fulfill legal obligations. Users are informed of disclosures whenever legally permitted to maintain transparency.
Service Provider Partnerships
Lirunex collaborates with vetted third-party providers for payment processing, identity verification, and technical support. Each partner follows strict data protection agreements consistent with our privacy policy. Access to user data is limited to operational needs and subject to frequent audits.
- Partner data access restricted
- Regular security compliance checks
- Data sharing only for service facilitation
- Contracts enforce privacy standards
- Users notified when applicable
Cookie Policy and Tracking Technologies
Cookie Usage and Management
Our platform uses various cookie types to enhance functionality and user experience. Essential cookies support login sessions and security tokens. Analytics cookies track performance and usage statistics, while preference cookies store language and interface settings. Marketing cookies enable targeted promotions. Cookie preferences can be managed via browser settings or the platform’s cookie manager, though essential cookies are mandatory.
Tracking and Analytics Implementation
Tracking tools collect anonymous data to improve system performance and detect issues. All tracking complies with Philippine data protection laws. Users may opt out of non-essential tracking without affecting core platform capabilities.
| Tracking Type | Purpose | User Control |
|---|---|---|
| Platform Analytics | Performance optimization | Opt-out available |
| Security Monitoring | Fraud prevention | Always active |
| Marketing Analytics | Campaign effectiveness | Full opt-out option |
| User Experience | Interface improvements | Partial opt-out |
International Data Transfers and Storage
Lirunex conducts data transfers internationally to support global market access. We apply standard contractual clauses and adequacy decisions recognized by Philippine authorities to safeguard user information. Primary data is stored in secure, certified facilities with stringent access controls. Users receive notifications regarding data location and processing activities as required by law.
- Transfers use approved legal frameworks
- Data centers meet international security standards
- Transparency in cross-border data handling
- Compliance with Philippine privacy laws
- Documentation maintained for all transfers
This approach ensures Filipino traders’ privacy is respected worldwide.
Privacy Policy Updates and Communication
Notification Procedures
We communicate privacy policy changes via email, platform alerts, and client portal messages. Significant revisions require explicit user consent before application. Minor updates are informed through standard notifications to keep users aware of any adjustments impacting data handling.
User Consent Management
Our consent system allows users to manage permissions related to data processing, marketing, and third-party sharing. Consent can be withdrawn at any time for non-essential activities without limiting platform access. Records of consent are securely maintained for auditing and regulatory purposes.
| Consent Feature | Description |
|---|---|
| Granular Controls | Separate permissions for each data use |
| Withdrawal Options | Easy opt-out for marketing activities |
| Clear Explanations | Purpose and legal basis for processing |
| Renewal Prompts | Regular reminders to update preferences |
| Consent History | Comprehensive tracking and documentation |
Our ongoing commitment is to align with evolving Philippine regulations and maintain user trust through transparent privacy management.
❓ FAQ
How can I access my personal data on Lirunex?
Log in to your Lirunex account and navigate to the “Privacy Settings” section to request access or corrections to your personal information.
What security measures protect my financial information?
We use end-to-end encryption, multi-factor authentication, and secure database storage to safeguard all financial transactions and sensitive data.
Can I export my trading history?
Yes, you can export your trading records and account statements in standard formats like CSV or PDF through your client portal.
Does Lirunex share my data with third parties?
Data is shared only with trusted partners and regulatory authorities as required by Philippine law, under strict privacy agreements.
How does Lirunex handle cookie preferences?
You can manage cookie settings via the platform interface or your browser, with essential cookies always enabled for core functionality.
