Privacy Notice
Rezco processes personal information in the course of carrying on its business in the investment industry and rendering services to investors and clients. We are committed to processing on a lawful basis only the required personal information for specific purposes.
For more information, please email us at info@rezco.com
Introduction
Rezco comprises of a group of companies incorporated to carry on business in the South African financial services industry. Rezco Corporate Investments (Pty) Ltd, the holding company, is the sole shareholder of two operating subsidiary companies, namely: Rezco Asset Management (Pty) Ltd, a financial service provider registered in terms of Financial Advisory and Intermediary Services Act 37 of 2002; and Rezco Collective Investments Ltd, a collective investment scheme registered in terms of Collective Investment Schemes Control Act 45 of 2002.
Purpose of Processing
Rezco collects and processes personal data in compliance with legal obligations in terms of the Financial Intelligence Centre Act 38 of 2001 as amended, Foreign Account Tax Compliance Act and Common Reporting Standards; for purposes of complying with our duties and exercising our rights under the terms of investment management agreements with clients and/or their representatives; and in pursuit of legal requirements, industry practices or the legitimate interests of Rezco and/or clients.
How Rezco Uses Personal Information
Rezco does not use personal information for any reason other than is required to comply with the law, effectively render its services to investors and clients, and to carry on its business in the investment management industry. Rezco processes personal information to comply with regulatory/reporting obligations, manage investor accounts and client relationships, manage relationships with service providers, verify investor details for crime and fraud prevention, and for historical, statistical and research purposes. All personal information is treated with the strictest confidence.
Sharing Personal Information
Rezco may share personal information in accordance with legal requirements and/or to facilitate the carrying on of its business, which includes making relevant personal information available to third party service providers. Personal information shared with third party service providers is done only to the extent required for the third party to provide services to Rezco. Rezco imposes contractual obligations relating to the protection of personal information. Other third parties with whom Rezco may share personal information include governmental bodies, regulators, law enforcement agencies, courts/tribunals and insurers where required by law.
How Long is Personal Information Held?
Personal information is only held for the time necessary to meet our legal and contractual obligations. Information is held by Rezco in terms of such laws including the Financial Intelligence Centre Act 38 of 2001 as amended and Regulation 31(3) of Regulations Under Section 90 of the Collective Investment Schemes Control Act 45 of 2002. Thereafter information may be retained for legitimate business and/or research purposes, or as otherwise permitted by POPIA.
Security of Personal Information
Rezco takes practical steps to secure all personal information against loss, unauthorized access, modification, disclosure or destruction. Rezco is committed to the safe-keeping of all personal information and will, on an ongoing basis, continue to review its security controls and related processes to ensure that personal information is secure. Rezco's security policies and standards are of a high standard and consistent with industry practice.
Your Rights in Terms of Your Personal Information
You have the right to request a copy of the personal information that we hold about you at no charge, to have any of your personal information updated if it is out-of-date, and to request that your personal information be corrected if you believe it is inaccurate. You may request that we stop using your personal information for direct marketing purposes. Please note that you are entitled to approach the Information Regulator if you feel that your personal information rights have been infringed. Detailed information about your rights is set out in the following POPIA Annexures: Annexure 1 (Objection to Processing), Annexure 2 (Request for Correction or Deletion), and Annexure 3 (Complaint Regarding Interference with the Protection of Personal Information).
Contact Us
For any queries regarding your personal information or this privacy notice, please contact Rezco at info@rezco.com or visit our office at 4th Floor, The Citadel, 15 Cavendish Street, Claremont, 7708.