Learn how we protect and process your personal data in accordance with Ecuador's Organic Law on Personal Data Protection.
At UBG REGULATORY ADVISORS, we recognize the importance of protecting the personal data of our clients, employees, and other members of the community. Accordingly, we are committed to ensuring the proper processing of personal data in accordance with Ecuador's Organic Law on Personal Data Protection and other applicable regulations.
The processing of personal data by UBG REGULATORY ADVISORS shall be carried out in accordance with the principles and rights set forth in the Organic Law on Personal Data Protection.
Lawfulness: Personal data shall be processed in a lawful and legitimate manner, with the data subject's consent or in cases provided for by law.
Purpose: Personal data shall be collected for a specific, explicit, and legitimate purpose, and shall not be processed in a manner incompatible with that purpose.
Proportionality: The collection and processing of personal data shall be adequate, relevant, and limited to what is necessary to fulfill the established purpose.
Quality: Personal data shall be accurate, up to date, and relevant to the established purpose.
Security: Appropriate technical and organizational security measures shall be applied to protect personal data against unauthorized access, loss, alteration, or destruction.
Confidentiality: Personal data shall be processed confidentially, maintaining their secrecy.
Right of access: To access and know the personal data that UBG REGULATORY ADVISORS processes.
Right of rectification: To request the correction or updating of inaccurate or incomplete personal data.
Right of erasure: To request the deletion of personal data when they are no longer necessary for the established purpose or the processing is unlawful.
Right to object: To object to the processing of personal data if it affects their fundamental rights and freedoms.
Right to restriction: To request the restriction of the processing of personal data in certain circumstances.
Right to data portability: To receive personal data in a structured, commonly used, and machine-readable format, and to transmit them to another controller if so desired.
Right to withdraw consent: To withdraw consent for the processing of personal data at any time, without affecting the lawfulness of processing carried out previously.
III.1. Collection
UBG REGULATORY ADVISORS shall use the personal data of its clients and employees, as well as of other members of the community, exclusively for commercial and administrative purposes, in compliance with applicable law. Personal data shall be collected in a transparent manner and always with the express consent of the person to whom they belong.
III.2. Use
UBG REGULATORY ADVISORS shall use the personal data of its clients and employees and other members of the community solely for the purposes established at the time of collection and always within the legal framework. Security measures shall be taken to ensure that personal data are not altered, disclosed, or deleted without authorization.
III.3. Rights of data subjects
UBG REGULATORY ADVISORS shall respect the rights of data subjects, including the right to know, rectify, update, erase, and withdraw consent for the use of their personal data.
III.4. Transfer
UBG REGULATORY ADVISORS shall share personal data with third parties with the explicit consent of the data subjects, except where required by law, by a competent authority, or where another legal basis provided for by law applies.
III.5. Security
UBG REGULATORY ADVISORS shall take appropriate technical and organizational security measures to protect the personal data of its clients and employees, including measures against unauthorized access, loss, destruction, or alteration of personal data.
III.6. Accountability
UBG REGULATORY ADVISORS shall appoint a person responsible for personal data protection and shall ensure that staff are aware of the personal data protection policy and of its importance.
III.7. Changes to the personal data protection policy
UBG REGULATORY ADVISORS reserves the right to amend this personal data protection policy at any time. If significant changes are made to the policy, data subjects shall be informed in a timely manner and their consent for the changes shall be requested.