Vallis and Pontem Accountants respects all applicable Data Retention and Data Protection Provisions.
- Data Protection Legislation means the following to the extent applicable from time to time:
(a) up to and including 24 May 2018, the EC Data Protection Directive (Directive 95/46/EC) and all legislation implementing that Directive;
(b) on and from 25 May 2018, the General Data Protection Regulation (Regulation 2016/679); and
(c) any similar laws and regulations relating to the processing of personal data. Controller and process (and its derivatives) shall have the meanings given to them under relevant Data Protection Legislation.
2. Personal Data means all personal data (as that term is defined in relevant Data Protection
Legislation) provided to Vallis and Pontem Accountants pursuant to our engagement with the Principal and the Client Entity or generated by Vallis and Pontem Accountants in the course of its engagement with the Principal and the Client Entity.
3. Vallis and Pontem Group means Vallis and Pontem Accountants S.A., its subsidiaries and the other partnerships, corporations, undertakings and entities which are authorised to practise using the name “Vallis and Pontem”.
4. Retention of matter files
Vallis and Pontem Accountants will destroy documents relating to a matter (both our paper and, where practicable, electronic files) when considered that it is not needed to keep them.
5. Data protection
(a) Vallis and Pontem Accountants will comply with applicable Data Protection Legislation when processing the Personal Data.
(b) The Principal, the Client Entity and the individuals of the company or any group the company belongs to (the Data Subjects) are informed that Vallis and Pontem Accountants act as an independent data controller when processing Personal Data in the course of its work for the Principal or for the Client Entity. Vallis and Pontem Accountants will for instance process the Personal Data (a) to meet its legal and regulatory obligations, (b) in pursuing our legal rights, and (c) for administrative, compliance, financial, risk management and client relationship purposes.
(c) The Principal and the Client Entity agree that Vallis and Pontem Accountants may transfer Personal Data within the Vallis and Pontem Group and to third party service providers, including to jurisdictions outside the European Economic Area, in compliance with applicable Data Protection Legislation.