PRIVACY STATEMENT
Frank J. Ryan Financial Services is committed to protecting and respecting your privacy. We wish to be transparent on how we process your data and show you that we are accountable with the GDPR in relation to not only processing your data but ensuring you understand your rights as a client.
It is the intention of this privacy statement to explain to you the information practices of Frank J. Ryan Financial Services in relation to the information we collect about you.
For the purposes of the GDPR the data controller is:
• Name: Frank Ryan
• Contact details: 45A Rossmore Lawns, Templeogue, Dublin 6w
• Telephone: 0872764506
• Email fjryanfinancial@eircom.net
When we refer to ‘we’ it is Frank J. Ryan Financial Services.
Please read this Statement carefully as this sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us.
Who are we?
Frank J. Ryan Financial Services is authorised to provide the following services:
• Financial advice in relation to Life & Pensions, Investments and Mortgages
• Receive and transmit orders to any provider from which a written letter of appointment is held.
Our GDPR Owner and data protection representatives can be contacted directly here:
• Frank J. Ryan
• fjryanfinancial@eircom.net
• 0872764506
Purpose for processing your data
• We need to be clear about our use of client’s data and the consequences/risks to them of processing their data.
• We will need to outline what and how information is going to be processed. This is to make sure the individual knows exactly what is going to happen to their information and how it is going to be used. We should not be doing anything with personal data unless the individual is made aware.
Why we are processing your data? Our legal basis.
In order for us to provide you with the most suitable financial products Frank J. Ryan Financial Services need to collect personal data; our reason for processing your data under the GDPR is:
• Frank J. Ryan Financial Services needs to process data as this is necessary in relation to a contract of insurance to which you, the individual, has entered into or because you, the individual, has asked for something to be done so they can enter into a contract.
In any event, Frank J. Ryan Financial Services is committed to ensuring that the information we collect and use is appropriate for this purpose, and does not constitute an invasion of your privacy.
How will Frank J. Ryan Financial Services use the personal data it collects about me?
Frank J. Ryan Financial Services will process (collect, store and use) the information you provide in a manner compatible with the EU’s General Data Protection Regulation (GDPR). We will endeavor to keep your information accurate and up to date, and not keep it for longer than is necessary.
Special Categories of personal data
If we collect any special categories of personal data (e.g. health, religious beliefs, racial, ethnic origin – financial information is not classified as special categories of personal data) we will ensure the below:
• we will obtain your explicit consent
We may pass your personal data on to third-party service providers contracted to Frank J. Ryan Financial Advice in the course of dealing with you. Any third parties that we may share your data with are obliged to keep your details securely, and to use them only to fulfil the service they provide on your behalf. When they no longer need your data to fulfil this service, they will dispose of the details in line with Frank J. Ryan Financial Advice procedures.
• Any Financial Institution I hold letters of appointment with
• We have issued all our third party processors with a Data Processor checklist asking them GDPR specific questions
Data Subjects Rights:
Frank J. Ryan Financial Services facilitate you, our clients, rights in line with our data protection policy and the subject access request procedure. This is available on request.
Your rights as a data subject
At any point while we are in possession of or processing your personal data, you, the data subject, have the following rights:
• Right of access – you have the right to request a copy of the information that we hold about you.
• Right of rectification – you have a right to correct data that we hold about you that is inaccurate or incomplete.
• Right to be forgotten – in certain circumstances you can ask for the data we hold about you to be erased from our records.
• Right to restriction of processing – where certain conditions apply to have a right to restrict the processing.
• Right of portability – you have the right to have the data we hold about you transferred to another organization.
• Right to object – you have the right to object to certain types of processing such as direct marketing.
• Right to object to automated processing, including profiling – you also have the right to be subject to the legal effects of automated processing or profiling.
• Right to judicial review: in the event that Organisation Name refuses your request under rights of access, we will provide you with a reason as to why.
All of the above requests will be forwarded on should there be a third party involved as we have indicated in the processing of your personal data.
Additional information we are providing you with to ensure we are transparent and fair with our processing
Retention of your personal data
Data will not be held for longer than is necessary for the purpose(s) for which they were obtained. Frank J. Ryan Financial will process personal data in accordance with our retention schedule. This retention schedule has been governed by our regulatory body and our internal governance.
Complaints
In the event that you wish to make a complaint about how your personal data is being processed by Frank J. Ryan Financial Services or how your complaint has been handled, you have the right to lodge a complaint directly with the supervisory authority and organisation’s named data protection GDPR owner. You may also lodge a complaint with the Data Protection Commission in Ireland, whose details are:
Data Protection Commission
Canal House,
Station Road,
Portarlington,
Co. Laois, R32 AP23
Phone: +353 57 8684800/+353 761 1048000
Fax: + 353 57 8684757
Web: www.dataprotection.ie
Email: info@dataprotection.ie
Failure to provide further information
If we are collecting your data for a contract and you cannot provide this data the consequences of this could mean the contract cannot be completed or details are incorrect.
Profiling – automatic decision making
Financial and mortgage advisors using profiling in their business. The main categories are
a) Risk profiling.
b) Profiling for marketing purposes.
c) Establishing affordability and providing quotations for financial services and mortgage product
a) Risk Profiling
To establish a customer’s attitude to investment risk (relates to pensions and investments) advisors have automated calculators which calculate the customers attitude to various levels of risk having answered a series of questions.
b) Profiling for marketing purposes.
When we seek to contact you about other services, as outlined above, we run automated queries on our computerised data base to establish the suitability of proposed products or services to your needs.
b) Profiling for marketing purposes.
When we seek to contact you about other services, as outlined above, we run automated queries on our computerised data base to establish the suitability of proposed products or services to your needs.
c) Establishing affordability and providing quotations for financial services products.
Contact Us
Your privacy is important to us. If you have any comments or questions regarding this statement, please contact us on 0872764506, fjryanfinancial@eircom.net
Privacy policy statement changes
Frank J. Ryan Financial Services may change this privacy policy from time to time. When such a change is made, we will post a revised version online. Changes will be effective from the point at which they are posted. It is your responsibility to review this privacy policy periodically so you’re aware of any changes. By using our services you agree to this privacy policy.
This privacy policy was last reviewed in April 2018
