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A.B.S. Global Factoring AG Finanzdienstleistungsinstitut
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Privacy Policy

How A.B.S. Global Factoring AG collects, processes, and protects your personal data.

Last updated: 1 January 2024

Contents

  1. Data Controller
  2. Data We Collect
  3. Legal Basis for Processing
  4. Purpose of Processing
  5. Sharing of Personal Data
  6. Data Retention
  7. Your Rights
  8. Data Security
  9. Cookies
  10. Changes to This Policy
  11. Contact & Data Protection Officer

1. Data Controller

The data controller responsible for the processing of personal data collected through this website is:

A.B.S. Global Factoring AG
Mainzer Straße 97
65189 Wiesbaden
Deutschland

Telephone: +49 611 977-100
Email: support@abs-ag.ltd
Website: https://abs-ag.ltd

2. Data We Collect

We may collect the following categories of personal data when you interact with our website:

Contact and Enquiry Data

When you submit an enquiry via our contact form, we collect the information you provide, which may include your name, email address, telephone number, company name, and the content of your message.

Usage and Technical Data

When you visit our website, our web server automatically collects certain technical data, including your IP address, browser type and version, operating system, referral source, pages viewed, and timestamps of visits. This data is collected to ensure the technical functionality and security of the website.

Cookie Data

We use cookies and similar technologies to maintain the functionality of this website. Please refer to our Cookie Policy for full details.

We process your personal data on the following legal bases as defined under the General Data Protection Regulation (GDPR):

  • Article 6(1)(a) GDPR — Consent: Where you have explicitly consented to the processing, such as when submitting a contact form.
  • Article 6(1)(b) GDPR — Contractual necessity: Where processing is necessary in connection with a pre-contractual or contractual relationship.
  • Article 6(1)(c) GDPR — Legal obligation: Where processing is required to comply with applicable legal obligations, including those imposed by financial regulatory authorities.
  • Article 6(1)(f) GDPR — Legitimate interests: Where processing is necessary for the legitimate interests of A.B.S. Global Factoring AG, provided such interests are not overridden by your rights and interests.

4. Purpose of Processing

We process personal data for the following purposes:

  • Responding to your enquiries submitted via the contact form or by direct communication
  • Operating and maintaining the technical functionality and security of this website
  • Complying with legal and regulatory obligations applicable to a licensed Finanzdienstleistungsinstitut
  • Conducting internal analysis and improvement of our website and services
  • Fraud prevention and security monitoring

5. Sharing of Personal Data

A.B.S. Global Factoring AG does not sell, rent, or trade personal data to third parties. We may disclose personal data to the following categories of recipients where necessary:

  • Regulatory authorities: BaFin, Deutsche Bundesbank, or other competent authorities, where required by applicable law
  • IT and hosting service providers: Who process data on our behalf under data processing agreements and appropriate safeguards
  • Legal and professional advisors: Where necessary for the conduct of legal proceedings or professional advice

Where data is transferred to recipients outside the European Economic Area (EEA), appropriate safeguards are implemented in accordance with Chapter V of the GDPR.

6. Data Retention

We retain personal data only for as long as necessary to fulfil the purposes for which it was collected, or as required by applicable law. Specific retention periods include:

  • Contact form data: retained for a maximum of 24 months from the date of receipt, unless a continuing relationship requires longer retention
  • Technical log data: retained for a maximum of 90 days
  • Data subject to statutory retention obligations (e.g. under German commercial or tax law): retained for the applicable statutory period, typically 6 to 10 years

7. Your Rights

Subject to applicable conditions under the GDPR, you have the following rights with respect to your personal data:

  • Right of access (Article 15 GDPR): The right to obtain confirmation of whether we process your data and to receive a copy
  • Right to rectification (Article 16 GDPR): The right to have inaccurate data corrected
  • Right to erasure (Article 17 GDPR): The right to have data deleted where the conditions of Article 17 are met
  • Right to restriction of processing (Article 18 GDPR): The right to restrict processing in certain circumstances
  • Right to data portability (Article 20 GDPR): The right to receive data in a structured, machine-readable format
  • Right to object (Article 21 GDPR): The right to object to processing based on legitimate interests
  • Right to withdraw consent: Where processing is based on consent, the right to withdraw that consent at any time

To exercise any of the above rights, please contact us at support@abs-ag.ltd or by post at the address in Section 1. We will respond within the statutory timeframe of one calendar month.

You also have the right to lodge a complaint with the competent supervisory authority. The supervisory authority for data protection in Hesse, Germany is:

Der Hessische Beauftragte für Datenschutz und Informationsfreiheit
Gustav-Stresemann-Ring 1
65189 Wiesbaden, Deutschland

8. Data Security

A.B.S. Global Factoring AG implements appropriate technical and organisational measures to protect personal data against unauthorized access, disclosure, alteration, or destruction. These measures include encrypted data transmission via TLS/HTTPS, access controls, and regular security reviews. Notwithstanding these measures, no method of electronic transmission or storage is completely secure, and we cannot guarantee absolute security.

9. Cookies

This website uses cookies. For detailed information about the cookies we use and how to manage your preferences, please refer to our Cookie Policy.

10. Changes to This Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, legal obligations, or applicable regulations. The date of the most recent update is indicated at the top of this page. We recommend that you review this page periodically. Continued use of this website following any update constitutes acceptance of the revised policy.

11. Contact & Data Protection Officer

If you have questions about this Privacy Policy or the handling of your personal data, please contact us at:

A.B.S. Global Factoring AG
Data Protection
Mainzer Straße 97
65189 Wiesbaden
Deutschland
Email: support@abs-ag.ltd
Telephone: +49 611 977-100