APPC Capital Singapore Pte Ltd
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APPC
+65 31 592 113 or email [email protected]
PDPA
APPC Capital Singapore Pte Ltd's Privacy Policy and PDPA Information
- PDPA Information
- Privacy Policy
- Cookie Policy
PDPA & Privacy Policy
Understanding the PDPA Laws and Regulations
The Personal Data Protection Act (PDPA) of Singapore, enacted in 2012 and fully enforced from 2014, is a comprehensive legislative framework designed to safeguard personal data while ensuring organisations can responsibly use data to meet business needs. The PDPA reflects a balance between protecting individuals' privacy and facilitating the legitimate use of personal data by organisations.
Key Objectives of the PDPA
- Protection of Personal Data: The primary goal is to protect individuals' personal data from misuse and unauthorised access. It establishes guidelines on how personal data should be collected, used, disclosed, and managed.
- Support for Economic Activities: While safeguarding privacy, the PDPA ensures that businesses can continue to leverage personal data to innovate and compete globally.
Key Provisions of the PDPA
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Consent Obligation: Organisations must obtain the individual's consent before collecting, using, or disclosing personal data. Consent must be informed, and individuals should be aware of the purposes for data collection and use.
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Purpose Limitation Obligation: Personal data should be collected only for purposes that a reasonable person would consider appropriate under the circumstances. Organisations must notify individuals of these purposes and obtain consent.
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Notification Obligation: Individuals must be informed about the purposes for which their personal data is being collected, used, or disclosed.
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Access and Correction Obligation: Individuals have the right to request access to their personal data held by an organisation and to correct any inaccuracies. Organisations must respond to these requests within a reasonable time frame.
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Accuracy Obligation: Organisations must make a reasonable effort to ensure that personal data collected is accurate and complete.
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Protection Obligation: Organisations are required to protect personal data in their possession or under their control by making reasonable security arrangements to prevent unauthorised access, collection, use, disclosure, copying, modification, disposal, or similar risks.
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Retention Limitation Obligation: Personal data should not be retained longer than necessary for business or legal purposes. Organisations must implement policies for the secure disposal of personal data.
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Transfer Limitation Obligation: If personal data is transferred overseas, organisations must ensure that the receiving country provides a comparable level of data protection.
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Accountability Obligation: Organisations must implement policies and practices to meet their PDPA obligations and be able to demonstrate compliance.
Enforcement and Penalties
The Personal Data Protection Commission (PDPC) oversees the enforcement of the PDPA. The PDPC has the authority to investigate complaints, conduct audits, and enforce compliance. Penalties for non-compliance can include:
- Fines: Organisations can face fines of up to SGD 1 million for breaches of the PDPA.
- Enforcement Notices: The PDPC can issue directions to ensure compliance, such as ordering an organisation to stop collecting or using personal data in violation of the PDPA.
Updates and Amendments
The PDPA is not static; it undergoes periodic updates to address emerging issues in data protection. For instance, amendments introduced in 2020 include:
- Mandatory Data Breach Notification: Organisations must notify the PDPC and affected individuals of data breaches that result in significant harm or impact.
- Enhanced Consent Framework: Introduces the concept of "deemed consent by contractual necessity" and "deemed consent by notification," providing more flexibility for data processing.
- Increased Financial Penalties: The maximum financial penalty for breaches was increased, aligning with global standards.
Practical Implications for Businesses
Compliance with the PDPA requires organisations to implement robust data protection policies and practices. This includes:
- Conducting regular data protection impact assessments.
- Training employees on data protection principles.
- Appointing a Data Protection Officer (DPO) responsible for ensuring compliance.
- Implementing technological and organisational measures to protect personal data.
Businesses should also keep abreast of updates to the PDPA to ensure ongoing compliance and mitigate the risk of penalties.
Conclusion
The PDPA in Singapore represents a critical step towards enhancing data protection and privacy in the digital age. It underscores the importance of balancing the protection of individual privacy with the needs of businesses to utilise personal data for innovation and growth. By adhering to the PDPA, organisations not only comply with legal requirements but also build trust with their customers and stakeholders, fostering a sustainable and responsible data-driven economy.
For more information regarding PDPA and privacy laws, please visit https://www.pdpc.gov.sg/overview-of-pdpa/the-legislation/personal-data-protection-act.
PDPA & General Privacy Policy
Introduction
APPC Capital Singapore Pte Ltd ("APPC", "we", "us", or "our") is committed to protecting your personal data and ensuring that your privacy is respected. This Privacy Policy outlines how we collect, use, disclose, and safeguard your personal data in accordance with the Singapore Personal Data Protection Act 2012 (PDPA).
Personal Data We Collect
We collect the following types of personal data from our customers, employees, business partners, and other individuals:
- Personal Identification Information: Name, Address, Email, Telephone number
- Financial Information: Salary, Savings
- Government Issued ID: Copy of identification documents (e.g., NRIC, passport)
- Other Information: Any other personal data you may provide to us
Purpose of Collecting Personal Data
We collect and use your personal data for the following purposes:
- Service Delivery: To provide and manage our services, including processing transactions and payments.
- Communication: To communicate with you regarding updates, services, and other information related to our business.
- Customer Support: To respond to your inquiries, feedback, or complaints.
- Marketing and Promotions: To inform you about our promotions, offers, and events.
- Legal Compliance: To comply with legal and regulatory requirements, including verifying your identity.
- Employee Management: For human resources and employment purposes.
Consent
By providing your personal data to us, you consent to our collection, use, and disclosure of your personal data in accordance with this Privacy Policy. If you provide personal data about another person, you confirm that they have consented to our collection, use, and disclosure of their personal data in accordance with this Privacy Policy.
Withdrawal of Consent
You may withdraw your consent at any time by contacting our Data Protection Officer (DPO). Please note that withdrawing consent may affect our ability to provide you with our services.
Access and Correction of Personal Data
You have the right to request access to your personal data and to correct any inaccuracies. To make such a request, please contact our DPO. We will respond to your request within a reasonable time frame.
Protection of Personal Data
We implement appropriate security measures to protect your personal data from unauthorised access, use, disclosure, alteration, or destruction. These measures include:
- Physical Security: Secure premises with controlled access.
- Technical Security: Use of encryption, firewalls, and secure servers.
- Administrative Security: Policies and procedures to ensure data protection.
Disclosure of Personal Data
We do not sell, trade, or otherwise transfer your personal data to outside parties without your consent, except in the following circumstances:
- Service Providers: We may share your personal data with third-party service providers who assist us in our business operations.
- Legal Requirements: We may disclose your personal data to comply with legal obligations or to protect our rights and interests.
- Business Transfers: In the event of a merger, acquisition, or sale of all or part of our assets, your personal data may be transferred to the new entity.
Retention of Personal Data
We retain your personal data for as long as necessary to fulfill the purposes for which it was collected or as required by law. Once your personal data is no longer needed, we will securely delete or anonymise it.
Transfer of Personal Data Overseas
If your personal data is transferred to a country or territory outside of Singapore, we will ensure that the receiving jurisdiction provides a standard of protection comparable to the PDPA.
Use of Cookies and Similar Technologies
We use cookies and similar technologies to enhance your experience on our website. You can control the use of cookies through your browser settings.
Changes to this Privacy Policy
We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will notify you of any significant changes by posting the updated policy on our website.
Contact Us
If you have any questions or concerns about this Privacy Policy or our data protection practices, please contact our Data Protection Officer:
Data Protection Officer
APPC Capital Singapore Pte Ltd
3 Frasier Street, #05-24 Duo Tower, 189352, Singapore
Email: [email protected]
Telephone: +65 31 592 113
Effective Date
This Privacy Policy is effective as of May 05 2024.
Cookie Policy
APPC Capital Singapore Pte Ltd ("APPC", "we", "us", or "our") uses cookies and similar technologies on our website to enhance your experience, analyse site performance, and provide security features. This Cookie Policy explains how we use cookies, the types of cookies we use, and your choices regarding cookies.
What Are Cookies?
Cookies are small text files that are stored on your device (computer, tablet, or mobile) when you visit a website. They are widely used to make websites work efficiently and to provide information to the website owners.
Types of Cookies We Use
Essential Cookies: These cookies are necessary for the proper functioning of our website. They enable core functionalities such as security, network management, and accessibility. Without these cookies, some parts of our website may not work correctly.
Performance and Analytics Cookies: These cookies help us understand how visitors interact with our website by collecting and reporting information anonymously. We use Google Analytics to collect data on how visitors use our site. This information helps us improve the website’s functionality and user experience.
Functional Cookies: These cookies allow our website to remember choices you make (such as your login details) and provide enhanced, more personalised features.
Security Cookies: We use Google Recaptcha to protect our site against spam and abuse. These cookies help us verify that interactions with our site are performed by humans and not automated bots.
Specific Cookies We Use
Google Analytics:
- _ga: Used to distinguish users.
- _gid: Used to distinguish users.
- _gat: Used to throttle request rates.
Google Recaptcha:
- _GRECAPTCHA: Used to provide spam protection.
APPC Cookies:
- _session_id: Stores session data to keep users logged in.
- _auth_token: Stores authentication tokens to verify user identity.
- _user_pref: Stores user preferences and settings.
How We Use Cookies
We use cookies to:
- Keep you logged in as you navigate our website.
- Enhance the security of our services.
- Analyse traffic and user behavior to improve our website.
- Remember your preferences and settings.
Your Choices Regarding Cookies
You have several options to control the use of cookies on our website:
Browser Settings: Most web browsers allow you to control cookies through their settings preferences. You can set your browser to block or delete cookies, but this may affect your ability to use certain features of our website.
Opt-Out Tools: You can opt out of Google Analytics by using the Google Analytics Opt-out Browser Add-on.
Cookie Consent Banner: When you first visit our website, you will see a cookie consent banner. You can accept or reject non-essential cookies through this banner.
How to Manage Cookies
You can manage your cookie preferences through your web browser settings. Here are links to manage cookies for popular browsers:
Changes to This Cookie Policy
We may update this Cookie Policy from time to time to reflect changes in our practices or for other operational, legal, or regulatory reasons. We will notify you of any significant changes by posting the updated policy on our website.
Contact Us
If you have any questions or concerns about our use of cookies or this Cookie Policy, please contact our Data Protection Officer:
Data Protection Officer
APPC Capital Singapore Pte Ltd
3 Frasier Street, #05-24 Duo Tower, 189352, Singapore
Email: [email protected]
Telephone: +65 31 592 113
Effective Date
This Cookie Policy is effective as of May 05 2024.
At APPC Capital, we take the privacy of our users very seriously. We are committed to protecting your personal data and ensuring your information is handled with the utmost care and respect.
In compliance with the Personal Data Protection Act (PDPA) of Singapore, we have implemented stringent measures to safeguard your personal information. Our data protection policies are designed to be transparent and secure, ensuring that your data is collected, used, and stored in a manner that respects your privacy.
If you have any questions or concerns about our privacy practices, please do not hesitate to contact our support team at [email protected] who are here to help and ensure your trust in us is well-placed.
