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Privacy Policy Important Update & GDPR at YACHTS INVEST


11-05-2018

We would like our clients, customers, yacht owners, suppliers, service providers, collaborative agencies and partners to know that we have updated our Privacy Policy in accordance with the new GDPR data protection regulations. This article explains how we collect, store and handle your personal data and have provided a simplified version below:

WHAT’S CHANGING ?
We have added extra detail about how and why we use the information we collect about you, how we share it, who we share it with, and your rights with regards to that data.

WHY ARE WE MAKING CHANGES ?
These changes have been made to comply with the new GDPR European privacy rules which come into effect on 25th May 2018.

WHAT IS GDPR ?
The GDPR acronym stands for the EU General Data Protection Regulation. After several years of preparation and debate the GDPR was finally approved by the EU Parliament on 14 April 2016. Her enforcement date is 25 May 2018 - at which time those organizations in non-compliance may face heavy fines.

The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EEA citizens data privacy and to reshape the way organizations across the region approach data privacy. The key articles of the GDPR, as well as information on its business impact, can be found by clicking on the GDPR Portal.

The EU GDPR is the most important change in data privacy regulation in 20 years – YACHTS INVEST has made sure to be prepared to it’s enforcement end of May 2018. The aim of the GDPR is to protect all European citizens from privacy and data breaches in an increasingly data-driven world that is vastly different from the time in which the 1995 directive was established. Although the key principles of data privacy still hold true to the previous directive, many changes have been proposed to the regulatory policies.

WHY WE COLLECT YOUR DATA ?
We collect data to provide you with the best possible experience when buying, selling, building or chartering a yacht, berth or allowing us to manage your boat. This data helps us to personalise our recommendations for products, services and promotions.

HOW DO WE COLLECT YOUR DATA ?
We collect your data via our website online enquiry form, by email, telephone or by direct contact. All data collected is treated with the utmost care and appropriate steps are taken to protect such data, remaining confidential for our use.

WHO DO WE SHARE YOUR DATA WITH ?
Under STRICTLY NO CIRCUMSTANCE will we rent or sell your data. We will only share your information with prior consent, for example if a third-party company or provider recommended by us is supplying you with a product, service or warranty.

WHAT ARE MY RIGHTS ?
You have many rights regarding your personal data, including accessing and updating the information we hold about you.

WHAT DO I NEED TO DO ?
There’s nothing you need to do right now. We have taken every necessary step to protect your data following the GDPR enforcement date, other International legislations and our strong ethical rules. We have also signed GDPR agreements with our providers. If you’d like to find out more, please visit YACHTS INVEST website or view YACHTS INVEST full Privacy Policy by clicking here.



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