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Equiniti Financial Services Limited (EFSL) - EQi

toggle 1. Who we are

Equiniti Financial Services Limited (EFSL) is one company within the Equiniti Group, and is authorised and regulated by the Financial Conduct Authority. Our main business is investment and general insurance services. Our registered address is Highdown House, Yeoman Way, Worthing, BN99 3HH and our ICO registration number is: Z1028420.

EFSL is a ‘Data Controller’. This means that we are responsible for deciding how and why we hold and use personal data about you.

If you have questions about your products and services please contact your relevant Customer Experience team:

EQi accounts and EQi.co.uk0345 070 0720
Shareview Investment Account / Equiniti ISA0345 300 0430
Certificated dealing0345 603 7037
Equiniti Corporate Dealing0808 100 1045
Dividend Re-Investment Plans - DRIPs0371 384 2268
Corporate Sponsored Nominee0371 384 2030
Global Nominee0345 600 8824
General enquiries0345 607 6838
Textel / Minicom number0371 384 2255

toggle 2. Products and Services covered by this Privacy Notice

This notice applies to all of the following EFSL products, services, website and App.

  • EQi:
    • EQi.co.uk
    • EQi App
    • EQi dealing account/ISA /Child Trust Fund / Investment Club
    • EQi SIPP - in conjunction with the SIPP Trustee, which has its own separate Privacy Notice (available in our privacy hub)
    • EQi Panel SIPPs - in conjunction with your chosen SIPP Trustees, who will have their own separate Privacy Notice
  • Shareview Dealing and certificated dealing
  • Equiniti Corporate Dealing
  • Custodian arrangements
  • Dividend Re-Investment Plans - DRIPs
  • Corporate Sponsored Nominee and Deliveroo Community Share Offer Microsite
  • Global Nominee
  • Depository Interests

toggle 3. How we collect your personal data

The personal data we hold includes your name, postal address, email address and phone number, date of birth, financial information and for some accounts and transactions, additional information about you such as your National Insurance Number and Nationality to enable us to provide you with our products and services.

We use many different kinds of personal data dependent upon the relationship you have with us and the products and services that you use. And we collect it through a variety of different ways:

Information you provide to us

  • By using our website(s) and mobile device apps;
  • By corresponding with us by post, phone, e-mail, live-chat or otherwise;
  • Application and registration forms/ identification documentation; and
  • Entering competitions, promotions or surveys.

Information we collect about you when you use our services

  • Information about the transactions and investments you make whilst using our products and services, including financial data;
  • Information about how you logged on and off of our website, including your IP address, information about your visit, your browsing history, your device information and how you use our website. This will include the capture of your location information – Please refer to the cookie policies on the individual websites you visit for more information;
  • Information on what you view, click on and access in and through our marketing emails and text messages. This includes the geographic location of the device you have used – Please refer to the cookie policies on the individual websites you visit for more information;
  • Images and voice recordings of your communications with us for quality control, training, security and regulatory purposes, but these can also capture your location i.e. use of home landline number; and
  • If you contact us via social media, we collect details from your social media

Information we receive from third parties

  • As part of our identity and financial crime checking procedures with credit reference agencies, fraud detection agencies and registration or stockbroking industry exchanges as well as public information sources;
  • Market researchers;
  • From third parties when you have instructed or agreed for them to pass information to us, such as:
  • Your employer if you are using our services as part of or following an employee benefit scheme or are subject to personal dealing reporting;
  • Your broker, agent, Trustee or Investment Company and companies that introduce you to us;
  • For the CSN and DRIP, where Equiniti Limited as share registrar is informed of a change in details on the share register linked to your account, these updates will also be applied to your account to ensure we maintain accurate records; and
  • From online advertising networks (for example Google) through whom we place advertisements. The information we obtain varies from network to network. It summarises the actions of lots of people and so does not enable us to identify you individually. It relates to what you view, click on, and access through websites in their network, including the subject matter of the website you started at and where you subsequently go. It can also include their analysis of your behaviour across the wider internet and a profile of you. We do not control the information on you that such networks obtain or the technology they use to do so. This website, like many others, does not track or respond to Do Not Track ('DNT) requests made through browser settings. 

Special types of data

The law and other regulations treat some types of personal information as special. We will only collect and use this information if the law allows us to do so:

  • Criminal convictions and offences.
  • Genetic and bio-metric data.
  • Health data including gender.
  • Racial or ethnic origin.
  • Religious or philosophical beliefs.
  • Trade union membership.
  • Keeping your personal data up to date

It is important to us that the personal data we hold about you remains accurate and up to date at all times, but we need your help in doing this. Please help us by ensuring that you review the information held about you regularly and let us know as soon as anything needs updating or correcting.

Other people’s personal data

The information you give us in your application form or other related documents, or that we collect through your use of our services, may contain your or another person’s personal data. If you provide us with information about another person, you confirm that they have appointed you to act for them, they consent to you providing their personal data to us and any processing of their personal data and that you have informed them of our identity and the purpose for which their personal data will be processed – as set out in this Privacy Notice.

toggle 4. Why we collect your personal data

In the table below we demonstrate why and how we use your personal data as well as providing the legal reasons which we rely upon.

Under Data Protection legislation we must always have a legal reason for processing your personal data. One of the legal reasons is when we use your personal data for our legitimate interests, this is usually when we have a business reason, however, we must always ensure that we take your interests into consideration too, and ensure that the use is fairly balanced. We tell you below when we rely on legitimate interests and what our legitimate interests are.

Why we use your personal dataHow we use your personal dataLawful Basis
Provision of Financial Services, including the administration and management of customer records
  • To manage and operate your account with us to facilitate the provision of products and services, this includes retaining records of your instructions and telephone calls and keeping your account records up to date.
  • To complete any transaction that you instruct us to undertake, and any legal obligations we have in relation to the As part of account opening, we are legally obliged to confirm your identity before we can accept your application.
  • To provide you with transaction records / confirmation notices and statements as required.
  • To respond to any complaints and / or data rights that you
  • To notify you about changes to our service and to send you service emails relating to your account.
  • Processing our fees, charges, and any interest due on your Enforcing or obtaining settlement of debts owed to us or in relation to investments made on your behalf.
  • For certain types of accounts, we also define our customers to facilitate the calculation of fees.
  • To keep our websites and portals secure and permit you safe access to our services.
  • Contract
  • Consent
  • Legal Obligation
  • Legitimate Interests
Prize draws, offers, marketing of our products and services
  • To allow you to participate in interactive features of our service, when you choose to do so.
  • Identifying if any of our products or services may be of interest to you and making suggestions and recommendations to you about them.
  • To provide you with the information, products and services that you request from us via your chosen channel.
  • To administer any prize draws that you are offered and elect to enter as an incentive to operate your account, for example as part of electing to receive dividends by BACS rather than by cheque.
  • To ask you if you wish to hear from other entities within the Equiniti Group of Companies that offer complimentary financial services such as foreign exchange services.
  • To share (only upon request) the surname & county of any prize draw winners.
    We can ask you from time to time to confirm or update your choices, such as when there is a change in the law or the structure of our business.
    IMPORTANT

You can withdraw from EFSL marketing and / or prize draw offers and the disclosure of winner surname details at any time.

Please contact us if you wish to update your preferences.

EXCEPTIONS

In limited circumstances, and dependent upon the account that you hold, you many receive marketing communications from the company which you hold shares in. This marketing will be clearly marked as issued by the company, however, another part of the Equiniti group of companies may assist in the delivery of those messages. In these instances you will need to opt out of marketing with the company concerned using the details contained within the message as they are not EFSL marketing messages.

  • Consent
  • Legitimate Interests
ProfilingUnderstanding our customers: We can place you into groups of customers with similar interests, account patterns and preferences. These are called customer segments. We can also use a customer insight technique which analyses past observations to predict future behaviour. This is called propensity modelling. These activities are used to predict how we can best deliver our service to you as well as tailor our product or service offerings and contact you efficiently and effectively with information that is relevant to you.
  • Legitimate Interests
Automated decision making

We use personal data to help us make automated decisions based on the personal data that we hold about you, or are permitted to collect from others. Common examples of when we do this are noted below:

  • Account Opening: We are required to check that you meet the requirements of the account you have selected, to do this we can use, and validate, personal data about you such as your age, residency, nationality and financial position.
  • Account Pricing: We can analyse the transactions you have undertaken in a predetermined period to calculate what we charge for some products and services.
  • Credit checks: We use credit reference agencies for account purposes including confirming your identity or implementing trading limits. The decisions we make are based on the information you have supplied, that we already hold and from the credit reference agencies who separately hold information about you, or from policy decisions taken by Banks, card and payment processing centres. This includes rejecting trades if they fall outside of your agreed trading limit. To resolve any issues arising you may have to speak to these agencies directly.
  • Contract
  • Consent
  • Legal Obligation
  • Legitimate Interests
Assessment and collection of taxes

To deduct the relevant tax and duties (such as stamp duty, dividend tax and income tax) and submit returns to the relevant regulatory authorities.

For some products, this is achieved through our liaison with your employer.

  • Contract
  • Consent
  • Legal Obligation
Financial crime

Financial crime and money laundering: We analyse your personal data for financial crime, money laundering and fraud risk purposes in accordance with UK regulations which are placed upon us. This can include:

  • Confirming your identity (through the use of Credit Reference agencies – see above).
  • Verifying your bank details.
  • Using fraud prevention agencies. We study and learn about how you use our products and services and use this information to better detect fraud or unusual activities. We do this with fraud prevention agencies.
  • Analysing our databases, investigating, detecting and report financial crimes as well as taking measures to prevent financial crime.
  • Developing and improving our financial crime controls.
  • Managing financial risks both to us and to you.
  • Contract
  • Consent
  • Legal Obligation
  • Legitimate Interests
Improving our products and services
  • To identify service improvements such as when troubleshooting, undertaking data analysis, testing new products, using your personal data for research, statistical and survey purposes.
  • To ensure that content from our websites are presented in the most effective manner for you and for your device.
  • To develop and manage our products, brands and services and to calculate how we should structure any fees and charges.
  • How we manage and work with other companies in the delivery of your products and services.
  • To study how you and our other customers use our products and services.
  • To measure or understand the effectiveness of advertising we serve to you and others, and to deliver relevant advertising to you, which can be based on your activity on our website(s) or the website of another Equiniti Company or third parties’ websites. We can do this ourselves or appoint an agency to do this on our behalf.
  • Contract
  • Consent
  • Legal Obligation
  • Legitimate Interests

toggle 5. How long we hold your personal data

Personal data will not be retained for longer than necessary for us to achieve the purpose for which we obtained your personal data. We will then either securely delete it or anonymise it so that it cannot be linked back to you. We review our retention periods for personal data on a regular basis.

The provision of these products and services are subject to legal and regulatory retention periods. These vary between products, and the type of data involved. Within this framework the maximum time we will retain any of your personal data will be the duration of the contract and for a period of up to 12 years following the completion of the contract, for the reasons noted below:

To respond to enquiries and complaints;
To demonstrate that your instructions were carried out properly; and
To maintain records to meet rules and regulatory requirements that are applicable to the administration of the

For full details of our retention policies, please contact us.

toggle 6. Further Information

For more information relating to how we process your personal data please see our Further Information page.

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