Policies & Purpose
This Privacy Statement sets forth Round One’s approach with respect to the information that is collected from the Users as well as the visitors of this Website. This also provides for the rights of Round One over the information collected regardless of the means that is used to access this Website and the Services. Unless otherwise provided, capitalized terms in this Privacy Statement shall have the definitions provided in the Terms.
By using the Services, you consent to the collection, storage, processing, transferring, disclosure, and another usage of the information described in this Privacy Statement. If you do not agree with the terms of this Privacy Statement, please do not use this Website or Services, nor provide us any information.
1) Information We Collect 🗄
Round One may collect, store, and transfer the following information when you use the Services through the following methods:
a) Information Provided to Us
Personal and identifying data will be requested of all Users mostly in connection with, but not limited to, regulatory requirements for account opening. Issuers are solely responsible for the content of their public disclosures containing (for instance, their customer’s) personal data as covered by their own privacy policies. Information we collect may include information such as:
b) Information from the Use of Our Services
We may be required to collect personal information when you contact Round One or Intermediary personnel. The team also collects information from the use of our Services, related services and metadata about your device, such as:
c) Cookies 🍪
The Website uses cookies to improve its features and provides its visitors and users with tailored experience. Cookies are small data files that track, save, and store information when you visit the Website and use the service.
d) Information from Third Parties
In conducting certain due diligence measures we may collect information that is publicly available or provided by third party sources.
In some instances, we may collect data about you in order to determine your qualification and eligibility for certain Services. We may collect data from financial institutions, financing companies, lenders, your employer, telecommunication companies, utility companies, government agencies, credit bureaus, financial service providers and other service providers. The information collected will depend on the requirements for the Services that you want to avail.
If you share personal data regarding third parties, you warrant that you have the consent of said third parties to share their personal data to Round One and the third parties which we may share such data to (as indicated in this Privacy Statement) and for their personal data to be processed in the manner described in this Privacy Statement.
2) Data Protection Guidelines 🔒
In line with the law and good business practice, we are guided by the following general principles of the Data Privacy Act of 2012 (R.A. No. 10173):
Personal Data must be
3) How We Use Information That We Collect 👌
Your information may be processed, profiled or shared for the purposes of:
We will not process your personal information in ways incompatible with the above-stated purposes.
4) Accuracy and Retention of Personal Data 👍
Data is retained for the duration of the use of our products and services. Upon closure of your account, we are obligated to retain all personal, portfolio, and transaction data for a period of three to five (3-5) years under the Securities Regulation Code (“SRC”) Rules.
Certain Books of Accounts that may contain personal and transaction data may also be retained by us for a period up to ten (10) years as required by the Bureau of Internal Revenue.
Records involved in connection to any SEC investigation or ongoing legal investigation or court case may be retained for a period of time up to ten (10) years or for as long as reasonably necessary for which it was collected or to comply with Round One’s legal obligations, resolve disputes, and enforce any of its existing agreements.
Round One is not responsible for the accuracy, completeness, appropriateness, or legality of any uploaded files and the information that you provided in order to access and use the Services.
It is the responsibility of the user to ensure that all personal data provided to the Intermediary is current and up to date. The user shall notify the Intermediary of any inaccuracies they may encounter with regards to their personal data on this Website.
You agree and understand that we may transfer your personal data to offshore locations for storage purposes. The offshore locations shall be such places where our network providers or cloud service providers have servers. We shall ensure that the personal data will be stored and processed pursuant to the Philippine Data Privacy Act of 2012.
5) Information We Share 🤝
Round One may contract trusted third parties who assist in operating and maintaining the Website and Services, conducting Round One’s business and providing service to you, as well as for the purposes mentioned in Section 3 of this Privacy Statement.
Third parties to whom we may share information include the following:
Round One intends to provide any such third parties only the items of information that they need to perform specific functions and requires them to keep those items of information confidential and protect your information.
Where your personal data is shared, Round One subjects these third parties to the same standard of protections mandated by the Philippine Data Privacy Act of 2012. Personal data may be provided to any tax, regulatory, or legal authority for the purpose of audit or monitoring and/or other legal mandates.
Your personal data and data obtained from the use of our Services may be shared in connection to significant transactions, such as entry into local or foreign bourse or material changes in Issuer ownership. In such cases, Round One takes reasonable measures to ensure any shared data remains secure and confidential.
6) Your Rights ✊
You may exercise your rights provided under the Philippine Data Privacy Act of 2012:
7) Security of Your Data 👮
Round One employs a variety of security measures to reduce and mitigate the risk of data leaks or breaches, including but not limited to encryption technology and the likes. Nonetheless, Round One cannot fully guarantee the security of personal data disclosed online. The User accepts the inherent risks of engaging in online transactions and does not hold Round One responsible for any breach of security apart from gross negligence.
Round One shall take reasonable steps to protect any information that you provide and to protect the same from any loss, misuse, and unauthorized access, disclosure, alteration, or destruction.
We restrict access to personal information and securely destroy personal information when no longer needed. However, no Internet or e-mail transmission is ever fully secure or error free. Therefore, you should take special care in securing your account and the information you will send to Round One. Also, when you use passwords, usernames, or other special access features of the Website, it is your responsibility to safeguard them.
8) Revisions ✏
Contents of this Privacy Statement may change as needed or as directed by law. Changes may be communicated through email, inbox, or featured prominently on the site.
9) Inquiries 📫
If you have questions about this Privacy Statement and if you wish to inspect or update the information that Round One holds about you, please feel free to contact us at:
Ma. Wincel D. Chang
Compliance Officer, Data Privacy Officer
(08) 242 4006
compliance@eastern-sec.com
Eastern Securities Development Corporation
1701 Tytana Bldg.
Plaza San Lorenzo Ruiz
Binondo, Manila 1006
10) Validity of Consent 🖋
This consent and authorization remain valid and subsisting for a limited period consistent with the purposes above or until otherwise revoked or cancelled in writing. You may inform the Company of the specific personal information you do not want to be processed beyond the requested purpose. The Company will respect your request insofar as it is feasible to fulfill the purpose for which the personal information was collected.