1.From time to time, it may be necessary for the Client to supply YFHK with data in connection with the opening or continuation of accounts and the establishment or continuation of credit facilities. The data is collected pursuant to applicable laws, regulations, rules or codes binding on YFHK.
2.Failure to supply such data may result in YFHK being unable to open or continue accounts or establish or continue credit facilities or provide trading services or investment advisory services to the Client.
3.It is also the case that data may be collected from the Client in the ordinary course of the continuation of the business relationship.
4.The purposes for which the data relating to the Client may be used are as follows:
the operating of the Client’s account(s), giving effect to the Client’s instructions relating to transactions or otherwise, and carrying out the Client’s instructions;
providing services in connection with the Client’s account(s);
conducting credit checks on the Client and ascertaining the Client’s financial situation, ongoing credit worthiness and investment objectives, and enabling or assisting any other person to do so;
designing financial services or related products for the Client’s use;
marketing existing and future financial services or relating products;
determining the amount of indebtedness owed to or by the Client;
collection of amounts outstanding from the Client and amounts as security for the Client’s obligations;
observing any legal, regulatory and other requirements to which YFHK or any member of the Yuanta Group, or any other persons, may be subject; and
purposes ancillary or relating to any of the above.
5.Data held by YFHK relating to the Client will be kept confidential but YFHK may provide such information to the following parties for the purposes set out in paragraph 4:
any agent, contractor or third party service provider who provides administrative, telecommunications, computer, legal, accounting, payment or other services to YFHK or Yuanta Group in connection with the operation of its business;
any other person under a duty of confidentiality to YFHK;
any financial institution with which the Client have or propose to have dealings;
any actual or proposed assignee of YFHK or participant or sub-participant or transferee or successor of YFHK’s rights in respect of the Client;
any person to whom YFHK or any member of the Yuanta Group is compelled by law or by relevant regulatory authorities to make disclosure; and
any person with the Client’s express consent.
6.In the course of performing YFHK’s duties, YFHK may as permitted by law match, compare, transfer or exchange any personal data provided by the Client with data held, or hereafter obtained, for these or any other purposes by YFHK, government bodies, other regulatory authorities, corporations, organisations or individuals in Hong Kong or overseas for the purpose of verifying those data.
7.Under and in accordance with the terms of the PDPO any individual:
has the right to check whether YFHK holds data about him/her and the right of access to such data;
has the right to require YFHK to correct any data relating to him/her which is inaccurate; and
8.In accordance with the terms of the PDPO, YFHK has the right to charge a reasonable fee for the processing of any data access request.
9.The person to whom requests for access to data or correction of data or for information regarding policies and practices and kinds of data held, please contact:
Risk Disclosure:Transactions conducted through the Internet may be subject to transmission blackout, interruption, delayed transmission due to Internet traffic, incorrect data transmission due to the public nature of the Internet or any uncertain circumstances out of YSHK’s control and cause errors or delay on order transmission, receiving or execution, including unexecution of effective amendment instruction, the original or unrevised instruction may be executed when the order is intended to be cancelled, instructions to trade may not be executed or may be delayed so that they are executed at prices different from those prevailing at the time the instructions were given, and/or communications and personal data may be accessed by unauthorized third parties. YSHK accepts no liability to you or anyone else for any loss or expense arising from the risks.There are risks of your access code or login password being abused or utilised by unauthorised persons. Do not divulge your login ID and password to third parties and change your password regularly. If there is any unauthorised use of your trading or login password, you shall notify YSHK immediately and you agree that you shall bear all risks in connection with any unauthorised use of your trading or login password and you shall indemnify YSHK on demand for any losses, costs, damages, expenses or claims which YSHK may suffer as a result of any unauthorised use of your trading or login password.