This privacy policy sets out how we use and protect information submitted to Silver Financial Management Limited (trading as “Silver Financial”).
Purpose of this notice
This notice describes how we collect and use personal data about you in accordance with the General Data Protection Regulation (GDPR), the Data Protection Act (DPA) 2018 and any other national implementing laws, regulations and secondary legislation, as amended or updated from time to time, in the UK (‘Data Protection Legislation’).
Please read the following carefully to understand our practices regarding your personal data and how we will treat it.
Who are we?
Silver Financial Management Limited (trading as “Silver Financial”, “we”, “us”, “our” and “ours”) is a firm of chartered accountants. We are registered in England and Wales as a limited company under number 09592587 and our registered office is at The Dock Hub, Wilbury Villas, Hove, BN3 6AH.
For the purpose of the Data Protection Legislation and this notice we are the ‘data controller’. This means that we are responsible for deciding how we hold and use personal data about you. We are required under the Data Protection Legislation to notify you of the information contained in this privacy notice.
Richard Silver is our Data Protection Point of Contact and is responsible for assisting with enquiries in relation to this privacy notice or our treatment of your personal data. Should you wish to contact our Data Protection Point of Contact you can do so using the contact details noted below.
How we may collect your personal data
We obtain personal data about you for example when:
- You request a proposal from us in respect of the services we provide.
- You or your employer or our clients engage us to provide our services and also during the provision of those services.
- You contact us by email, telephone or post (for example when you have a query about our services).
- From third parties and/or publicly available resources (for example from Companies House).
The kind of information we hold about you
The information we hold about you may include the following:
- For our professional services, the information collected may relate to your personal and financial circumstances for us to provide the service that we have been engaged to undertake. For example, we may record your name, address, telephone number, email address, date of birth, unique tax reference, national insurance number, bank account details, data in relation to your personal taxation circumstances, data regarding your business activities, etc.
- Details of contact we have had with you in relation to the provision or the proposed provision of our services.
- Details of any services you have received from us.
- Our correspondence and communications with you.
- Information about any complaints and enquiries you make to us.
- Information we receive from other sources such as publicly available information.
How we use personal data we hold about you
We may process your personal data for purposes necessary for the performance of our contract with you or your employer or our clients and to comply with our legal obligations.
We may process your personal data for the purposes necessary for the performance of our contract with our clients. This may include processing your personal data where you are an employee, subcontractor, supplier or customer of our client.
We may process your personal data for the purposes of our own legitimate interests provided that those interests do not override any of your own interests, rights and freedoms which require the protection of personal data. This includes processing for statistical and management purposes.
We may process your personal data for certain additional purposes with your consent, and in these limited circumstances where your consent is required for the processing of your personal data then you have the right to withdraw your consent to processing for such specific purposes.
Please note that we may process your personal data for more than one lawful basis depending on the specific purpose for which we are using your data.
Situations in which we will use your personal data
We may use your personal data in order to:
- Carry out our obligations arising from any agreements entered into between you or your employer or our clients and us (which will most usually be for the provision of our services).
- Carry out our obligations arising from any agreements entered into between our clients and us (which will most usually be for the provision of our services) where you may be a subcontractor, supplier or customer of our client.
- Verify your identity where this is required.
- Maintain our records in accordance with applicable legal, regulatory and corporate governance obligations and good practice and ensuring our business policies are adhered to.
- Prevent and detect crime, fraud or corruption.
- For operational reasons, such as recording transactions, training and quality control and ensuring the confidentiality of commercially sensitive information.
- Provide you with information related to our services that you request from us or which we feel may interest you, provided you have consented to be contacted for such purposes.
- Seek your thoughts and opinions on the services we provide.
- Notify you about any changes to our services.
In some circumstances we may anonymise or pseudonymise the personal data so that it can no longer be associated with you, in which case we may use it without further notice to you.
If you refuse to provide us with certain information when requested, we may not be able to perform the contract we have entered into with you. Alternatively, we may be unable to comply with our legal or regulatory obligations.
We may also process your personal data without your knowledge or consent, in accordance with this notice, where we are legally required or permitted to do so.
Data retention
We will only retain your personal data for as long as is necessary to fulfil the purposes for which it is collected.
When assessing what retention period is appropriate for your personal data we take into consideration:
- The requirements of our business and the services provided.
- Any statutory or legal obligations.
- The purposes for which we originally collected the personal data.
- The lawful grounds on which we based our processing.
- The types of personal data we have collected.
- The amount and categories of your personal data; and
- Whether the purpose of the processing could reasonably be fulfilled by other means.
Change of purpose
Where we need to use your personal data for another reason, other than for the purpose for which we collected it, we will only use your personal data where that reason is compatible with the original purpose.
Should it be necessary to use your personal data for a new purpose, we will notify you and communicate the legal basis which allows us to do so before starting any new processing.
Data sharing
Why might you share my personal data with third parties?
We will share your personal data with third parties where we are required by law, where it is necessary to administer the relationship between us or where we have another legitimate interest in doing so.
Which third-party service providers process my personal data?
“Third parties” includes third-party service providers.
The following activities are carried out by third-party service providers: IT and cloud services and professional advisory services.
All of our third-party service providers are required to take commercially reasonable and appropriate security measures to protect your personal data. We only permit our third-party service providers to process your personal data for specified purposes and in accordance with our instructions.
What about other third parties?
We may share your personal data with other third parties, for example in the context of the possible sale or restructuring of the business. We may also need to share your personal data with a regulator or to otherwise comply with the law.
We do not collect or compile personal data for dissemination or sale to third parties for consumer marketing purposes or host mailings on behalf of third parties.
Transferring personal data outside the European Economic Area (EEA)
We may use service providers based outside of the EEA to help us provide our website, applications and services to you (for example, platform providers who help us deliver our applications and services) and this means that we may transfer your information to service providers outside the EEA for the purpose of providing our applications and services to you.
Where your information is transferred outside of the EEA by our service providers and hosting providers, appropriate measures and controls are in place to protect that information in accordance with applicable data protection laws and regulations.
By using our website, products or services, or by interacting with us in the ways described in this privacy notice, you consent to the transfer of your information outside the EEA in the circumstances set out in this privacy notice. If you do not want your information to be transferred outside the EEA you should not use our website, applications or services.
Should you require further information about this or the service providers we use, please contact us using the contact details below.
Data security
We have put in place commercially reasonable and appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorised way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors and other third parties who have a business need to know. They will only process your personal data on our instructions and they are subject to a duty of confidentiality.
We have put in place procedures to deal with any suspected data security breach and will notify you and any applicable regulator of a suspected breach where we are legally required to do so.
Rights of access, correction, erasure and restriction
Your duty to inform us of changes
It is important that the personal data we hold about you is accurate and current. Should your personal information change, please notify us of any changes of which we need to be made aware by contacting us, using the contact details below.
Your rights in connection with personal data
Under certain circumstances, by law you have the right to:
- Request access to your personal data. This enables you to receive details of the personal data we hold about you and to check that we are processing it lawfully.
- Request correction of the personal data that we hold about you.
- Request erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your personal data where you have exercised your right to object to processing (see below).
- Object to processing of your personal data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this basis. You also have the right to object where we are processing your personal information for direct marketing purposes.
- Request the restriction of processing of your personal data. This enables you to ask us to suspend the processing of personal data about you, for example if you want us to establish its accuracy or the reason for processing it.
- Request the transfer of your personal data to you or another data controller if the processing is based on consent, carried out by automated means and this is technically feasible.
If you want to exercise any of the above rights, please contact our Data Protection Point of Contact using the contact details below.
You will not have to pay a fee to access your personal data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request for access is clearly unfounded or excessive. Alternatively, we may refuse to comply with the request in such circumstances.
We may need to request specific information from you to help us confirm your identity and ensure your right to access the information (or to exercise any of your other rights). This is another appropriate security measure to ensure that personal information is not disclosed to any person who has no right to receive it.
Right to withdraw consent
In the limited circumstances where you may have provided your consent to the collection, processing and transfer of your personal data for a specific purpose you have the right to withdraw your consent for that specific processing at any time.
To withdraw your consent, please contact our Data Protection Point of Contact using the contact details below.
Once we have received notification that you have withdrawn your consent, we will no longer process your personal information (personal data) for the purpose or purposes you originally agreed to, unless we have another legitimate basis for doing so in law.
Changes to this notice
Any changes we may make to our privacy notice in the future will be updated on our website.
This privacy notice was last updated on 21 September 2018.
Matters specific to our website
Our website is not intended for children and we do not knowingly collect data relating to children.
Our website may include links to third-party websites, plug-ins and applications. Clicking on those links or enabling those connections may allow third parties to collect or share data about you. We do not control these third-party websites and are not responsible for their privacy statements. When you leave our website, we encourage you to read the privacy notice of every website you visit.
As is now standard for most websites we use cookies – small text files which are placed on your hard drives to enhance your website experience. In general, cookies are used to retain user preferences and provide anonymised tracking data to third party applications like Google Analytics. You may prefer to disable cookies on this website through your browser but, if you do, certain functionality on the website may be impaired. You may also delete the cookie from your system if you wish after termination of your visit to our website.
We suggest consulting the Help section of your browser for more information.
Contact us
If you have any questions regarding this notice or if you would like to speak to us about the manner in which we process your personal data, you can contact us via our website or, alternatively, you can write to Silver Financial Management Limited, The Dock Hub, Wilbury Villas, Hove BN3 6AH, marking it for the attention of the Data Protection Point of Contact.
You also have the right to make a complaint to the Information Commissioner’s Office (ICO), the UK supervisory authority for data protection issues, at any time. The ICO’s contact details are as follows:
Information Commissioner’s Office
Wycliffe House
Water Lane
Wilmslow
Cheshire
SK9 5AF
Telephone – 0303 123 1113 (local rate) or 01625 545 745