Personal Data (Privacy) Policy

  1. For the purposes of opening and maintaining an account with MFG Limited (the “MFG”) in relation to the services that a client requires, applicable law, codes, guidelines and regulations issued by the relevant regulatory authorities in Hong Kong as well as other relevant jurisdictions.
  2. Should a client fail to provide MFG with the necessary personal data, MFG would be unable to open or maintain account(s) for the client, or to take instructions from the client for the provision of services to the client.
  3. Personal data of clients may be used by MFG for the following purposes:
    1. conducting due diligence for opening and maintaining accounts
    2. attending to daily operation of account(s) for provision of services to clients
    3. conducting credibility checks on clients to ensure ongoing credit-worthiness of clients
    4. development of new financial products and/or services to meet client demands
    5. marketing suitable financial products and/or services to clients
    6. collection of amounts due, enforcement of security, charge or other rights and interests in favour of MFG
    7. making disclosures as imposed on MFG by the applicable laws or regulatory requirements
    8. making disclosures as required by law or regulatory requirements applicable to the institution(s) with which we have or propose to have dealings for the purpose of rendering services to clients
    9. any other purposes incidental to any of the above
  4. Personal data held by MFG will be kept confidential subject to disclosure to:-
    1. any agent, contractor, or service provider who offers administrative, data processing, telecommunications, computer, financial, professional, custodial, settlement, banking, clearing, printing or other services to MFG in connection with the operation of MFG’s business;
    2. any person to whom MFG is under an obligation to make disclosure under the requirements imposed by the applicable law or under and for the purposes of any rules, codes, guidelines issued by the regulatory or other authorities that are applicable to MFG ;
    3. any assignee, transferee, participant, sub-participant, delegate, successor or person to whom the account is transferred; and
    4. any person under a duty of confidentiality to MFG which has undertaken to keep such information confidential;
    5. any financial institution with which MFG has or proposes to have dealings for the purpose of rendering services to clients when we are compelled to make disclosure under the requirements of any laws binding on MFG .
  5. In accordance with the provisions of the Ordinance, any individual has the right to:
    1. check whether MFG hold any personal data about him/her and gain access to such data
    2. require MFG to correct any personal data relating to him/her which is inaccurate
    3. ascertain the policies and practice of MFG in relation to personal data and be informed of the kind of personal data held by MFG
  6. By virtue of section 28 of the Ordinance, MFG may impose a reasonable fee for the processing of any data access request.
  7. All requests for access to personal data, correction of personal data or incidental information should be addressed to the Compliance Officer of MFG at 25/F, Henley Building, 5 Queen’s Road Central, Hong Kong.