Privacy Notice

Westray Capital Management LLP (“Westray” or “the Firm”) is a company registered in England and Wales with company number OC392678. The Firm is authorised and regulated by the Financial Conduct Authority (“FCA”) with Firm Reference Number 630761.

For the purposes of the General Data Protection Regulation (‘GDPR’), the Firm will be the ‘controller’ of the personal data you provide. Please read the following information carefully in order to understand the Firm’s practices in relation to the treatment of your personal data. Should you have any questions, please email us at ncowhig@westraycapital.com.

What data privacy principles does the Firm adhere to?

·         The Firm will process all personal data in a lawful, fair and transparent manner;

·         The Firm will only collect personal data where it is necessary;

o   For the Firm to provide a service to you;

o   For you to provide a service to the Firm;

o   For the Firm to keep you informed of its products and services; or

o   For the Firm to comply with its legal and regulatory obligations.

·         The personal data collected by the Firm will be adequate, relevant and limited to what is necessary in relation to the specific purpose for which your data will be processed;

·         The Firm will take all reasonable steps to ensure that personal data is accurate and, where necessary, kept up-to-date;

·         The Firm will maintain personal data in a form that permits identification for no longer than is necessary, for the purposes for which the personal data has been collected and for processing, in accordance with the Firm’s record retention requirements as mandated by the Financial Conduct Authority;

·         The Firm will hold and process personal data in a manner that ensures appropriate security;

·         The Firm will only share personal data where it is necessary to provide the agreed service or where it is necessary for the Firm to comply with its legal and regulatory requirements.

·         The Firm will only utilise a service provider based outside of the EEA for the processing of personal data where this is strictly necessary to facilitate our services to you. In all cases, we will ensure service providers are fully compliant with GDPR ahead of transferring any personal data.

What personal data does the Firm collect and why?

In the course of providing products/services to you, the Firm may collect information that is considered personal information (e.g. name, contact details, address, passport number, driving licence).

As a client, contact or employee of the Firm, we will require some personal information in order to verify your identity and have the applicable relationship with you. Some of this information may be required to satisfy legal obligations (e.g. to comply with obligations arising under the money laundering regulations whereas other information may be required in connection with the provision of services to you). The information collected will vary depending on the service the Firm provides to you or you provide to the Firm, but typically includes:

·         Personal information: Such as your name, date of birth, passport number or national insurance number;

·         Contact information: Including your address, telephone number and email address.

Where does the Firm store my personal data?

The Firm has comprehensive policies and procedures in place to ensure your personal data is kept safe and secure, with these including:

·         Data encryption;

·         Firewalls;

·         Intrusion detection;

·         Security:

o   Your data is stored on remote access servers in data centres, and on our own physical hardware. In all cases the information is encrypted and the hardware is password-protected.

o   While no service is completely secure, we take reasonable measures to help protect information about you from loss, theft, misuse and unauthorized access, disclosure, alteration and destruction. For example, we encrypt your personal data when it is stored in data centres and on any device we use to access that data.

o   The servers, on which personal information is stored, are kept in a controlled environment with limited access. While we take reasonable efforts to guard personal information we knowingly collect directly from you, no security system is impenetrable.

o   If you have any questions about the security of your personal information, you can contact us.

How long does the Firm retain personal data?

As a regulated entity, the Firm is required to maintain its books and records for a prescribed period (five years from either the ceasing of a business relationship, or, in the case of non-clients, from the making of a record – or alternatively, for seven years, where specifically requested to do so by the Financial Conduct Authority). As such, information that falls in scope of either of these requirements is retained in line with the mandated timeframe. 

Any information that is outside the scope of this requirement will be retained whilst relevant and useful, and destroyed where this ceases to be the case or where the data subject specifically requests this.

How have I been categorised in accordance with GDPR?

The GDPR requires the Firm to inform you of the legal basis on which we maintain your personal data. Typically, the Firm will reach out to you personally to confirm this; however, as a general rule the following is applicable:

·         Clients – Information is maintained on the basis of contractual obligation and/or legitimate interests (where relevant);

·         Service providers – Information is maintained on the basis of contractual obligation; and

·         Database/marketing contacts – Information is maintained on the basis of legitimate interest.

·         Other business contacts –  Information is maintained on the basis of legitimate interest

What are my rights?

Once you have provided your details to the Firm, you have certain rights which apply, depending on your relationship with the Firm, the information you have shared with us and the Firm’s legal and regulatory obligations.

·         You have the right to request a copy of the information that we hold about you. If you would like a copy of some, or all, of your personal information, please email the Firm at ncowhig@westraycapital.com. The Firm will provide this information to you within one month (with the ability to extend this by an additional two months where necessary), free of charge.

·         You have the right to request that the information the Firm holds about you is erased under certain circumstances provided there is no additional legal and/or regulatory requirement for the Firm to retain this information.

·         As a client, you have the right to request that any information the Firm holds about you be provided to another company in a commonly used and machine-readable format, otherwise known as ‘data portability’.

·         You have the right to ensure that your personal information is accurate and up to date, or where necessary rectified. Where you feel that your personal data is incorrect or inaccurate and should therefore be updated, please contact ncowhig@westraycapital.com.

·         You have the right to object to your information being processed, for example for direct marketing purposes.

·         You have the right to restrict the processing of your information, for example limiting the material that you receive or where your information is transferred.

·         You have the right to object to any decisions based on the automated processing of your personal data, including profiling. 

·         You have the right to lodge a complaint with the Information Commissioner’s Office (https://ico.org.uk/concerns/  if you are not happy with the way that we manage or process personal data.

Will I be notified of changes to this policy?

The Firm may, from time to time, review and update this policy. The Firm will maintain the latest version of this policy on its website, and where the changes are deemed material, it will make you aware of these.

Who should I direct questions to?

If you have any questions, concerns or complaints about the practices contained within this document or how the Firm has handled your data, please use the following contacts:

Note the controller of the personal data is Westray Capital Management LLP

The Data Protection Officer (“DPO”) is Neil Cowhig

Westray Capital Management LLP is an investment management firm and will hold and use the data for legitimate business purposes in line with our business objectives.

The data will be stored whilst we believe we have a legitimate business interest or to comply with the relevant compliance and legal requirements placed up on us. Subject to the you may request access, rectification or erasure by contacting the firm or the DPO.

There is no intent to further process the data beyond that needed for legitimate business interests or contractual obligations.

Email: ncowhig@westraycapital.com. Alternatively, you may write to:

The Data Protection Officer

Westray Capital Management LLP,

1, Castle Lane

London

SW1E 6DR