Privacy Policy

1. Preface

This declaration takes from Great Wealth Finance Limited’s (referred hereinafter to as “Great wealth Finance”) Privacy Policy Statement (referred hereinafter to as “Statement”). The purpose for setting out this Statement is to establish the policy and obligation of Great wealth Finance in fully enforcing and adhering to the principles protection of information, obey the terms and conditions in the personal information (privacy) regulation (referred hereinafter to as “the Regulation”) as well as implement the guidelines published by the Hong Kong Licensed Moneylenders Association in accordance with the Regulation. Great wealth Finance will fulfil its duty in obeying and acting in accordance with the principles set out in the Regulation and the Statement.

2. Purpose of Using Personal Information

2.1 The customer is required to furnish Great wealth Finance with personal information from time to time when opening and/or extending a loan account, setting up and/or extending loan financing, and/or using other financial services.

2.2 Great wealth Finance may not be able to open and/or extend a loan account or set up and/or extend loan financing or provide other financial services if such personal information is not supplied.

2.3 Great wealth Finance would also collect customers’ personal information during its normal operation, e.g. when customers communicate with GH Finance verbally or in writing, and would do so in writing or via Great wealth Finance’s phone recording system (depending on the situation)

2.4 Customers’ personal information may be used in the following ways:
(a) Daily operation of providing loan account, loan financing and other financial services to customers
(b) When carrying out credit investigation during loan application and regular or special inspection from time to time.
(c) For the compilation and maintenance of Great wealth Finance’s credit rating model.
(d) To assist other lenders and/or financial organizations to carry out credit checks and pursue debts.
(e) To ensure that the customers maintain reliable credit.
(f) To design financial services or related products for the customers’ use.
(g ) To calculate the debt between Great wealth Finance and the customers.
(h) To pursue the debts from the customers and personnel responsible for providing the mortgage for the customer.
(i) For disclosures that Great wealth Finance makes in order to fulfil the stipulations of any regulations that are binding on the company, or disclosures that Great wealth Finance makes in order to obey and implement the guidelines issued by the regulator or other organizations that Great wealth Finance is expected to follow.
(j) Turn the intent of assessment of Great wealth Finance’s actual or nominated transferee, or Great wealth Finance’s participant or subsidiary participant of the customers’ interest, into a transfer as well as the transaction of the participant’s or subsidiary participant’s target; and
(k) To promote Great wealth Finance’s financial services or products; and
(l) Other purposes related to any of the above.

The purposes listed out from (a) to (j) (inclusive of the two items) as well as the relevant purposes in (l) above are compulsory, meaning that the customers must allow Great wealth Finance to use their personal information for the said purposes if they wish to use Great wealth Finance’s service. The purposes listed out in (k) as well as the relevant purposes in (i) above are voluntary, meaning that the customers can choose whether to allow Great wealth Finance to use their personal information for the said purposes.

3. Protection of personal information

Great wealth Finance’s policy is to provide adequate assurance for the protection of personal information as well as for the sensitivity of information and the extent of damage caused by arbitrary access to such information in order to prevent the information from being arbitrarily accessed, processed or used for other purposes. In order to achieve an adequate level of security, Great wealth Finance’s usual method is to strictly limit the access to the information through providing secure storage facilities as well as implement security measures in the information storage facilities. Great wealth Finance would also adopt measures to ensure that the personnel handling such information have good conduct, are vigilant and are capable in handling matters. The information would only be transmitted in adequately secure ways.

4. Accuracy of personal information

Great wealth Finance’s policy is to ensure that the information collected and processed via the company is accurate. Great wealth Finance would implement appropriate procedures to verify and update all personal information in order to ensure that the relevant information is appropriate and accurate for its intended use. If the personal information that Great wealth Finance possesses contains opinion statements, Great wealth Finance would adopt all reasonable, practical and feasible steps to ensure that all statements made are in support of the facts in the opinion statements and are true and accurate.

5. Collection of personal information

5.1 In the process of collecting personal information, Great wealth Finance would provide a copy of the “Personal Information Collection Statement” to the personnel concerned, in which the purpose for collecting the information, the identification category of the personnel to whom the information collected would be transferred, the right to access and amend the information as well as other information will be explained.

5.2 Great wealth Finance will adopt the following practices in relation to the collection of personal information from the Internet:

(a) Online security
Great wealth Finance will safeguard all information supplied to Great wealth Finance via the Internet according to stringent security and confidentiality standards. Great wealth Finance also uses encryption for transmitting sensitive information over the Internet in order to protect personal privacy.

(b) Cookies
Cookies are small segments of information that a website server sends to a browser. The information is stored in the computer hard disk to allow the website server to read again from the browser at a later time. This helps the website to store certain user’s information.
Cookies have been designed to only allow the websites that send them to read them, but are not able to retrieve the user’s hard disk information and email address or collect the user’s sensitive information.
Great wealth Finance uses cookies only to verify users during a specific period and would not store the user’s sensitive information in the cookies. When a user accesses the Great wealth Finance website, all the links would use cookies to verify the user’s identity. When the user finishes browsing the Great wealth Finance website, the cookies would become ineffective. If the user attempts to set his/her browser’s cookies to stop operating, he/she may not be able to use Great wealth Finance’s online and other financial services.

(c) Amending information online
Once the personal information supplied to Great wealth Finance via online facilities have been submitted, it may not be able to be cancelled, amended or updated online. If the user is not able to cancel, amend or update the information online, he/she must contact the relevant Great wealth Finance department.

(d) Information retained online
Personal information collected online will be sent to the relevant Great wealth Finance department to be processed and would not usually be stored in the website server.

6. Hyperlink policy

6.1 Though the Great wealth Finance website contains hyperlinks or links to other websites/web addresses, this does not indicate or hint that Great wealth Finance certifies, verifies, explains, approves or recognizes such hyperlinks, links, websites/web addresses or the user’s identity or information.

6.2 Great wealth Finance states clearly that it is not responsible for the contents, supplies, accuracy or omissions of the information provided by or contained in the hyperlinks, links, other websites/web addresses connected or linked to the Great wealth Finance website.

6.3 The user shall assume all risks that come with all hyperlinks, links or the connection to other websites, web addresses or information sources using the hyperlinks.

7. Request to access and amend information

7.1 Great wealth Finance’s policy is to comply with and process all requests to access and amend information according to the stipulations of this regulation as well as help all relevant staff to be familiar with the relevant rules in order to help individuals to make the relevant requests.

7.2 Great wealth Finance may collect a reasonable fee for the request to access information under the condition of complying with the stipulations of this regulation. If any personnel who requests to access information requests Great wealth Finance to provide an additional copy of the information that has been provided before at an earlier request, Great wealth Finance may collect a reasonable fee to fully cover the administrative cost or other costs for providing such an additional copy.

7.3 Requests with regards to accessing and amending information may be made to the Head of Information Protection or other relevant designated personnel.

8. Other practices

To ensure compliance with the stipulations of the regulation, Great wealth Finance has:

8.1 An information log book, i.e. the log book stipulated in Article 27 of the regulation.

8.2 Internal policies and guidelines for Great wealth Finance staff to refer to in order to ensure that every staff obeys the stipulations of the regulation.

9. Appointment of Head of Information Protection

9.1 Great wealth Finance has appointed a Head of Information Protection who is in charge of planning and supervising the regulation as well as the compliance with the Great wealth Finance’s personal information protection policy.
9.2 The contact information of the Head of Information Protection is as follows:
Flat A2, 12th floor, Astoria Building, 34 Ashley Road, Tsim Sha Tsui, Kowloon
GREAT WEALTH FINANCE LIMITED
Head of Information
Email: enquiry@greatwealthfl.com