Privacy policy
In this privacy policy we, „Motieka Investment Fund“, limited partnership, legal entity code 305560899, with our registered office at Gynėjų st. 4-333, Vilnius, the Republic of Lithuania (“Company” or “we”), explain how we handle your personal data when you visit our website and use our services.
1. How do we use your personal data?
In this section you will find the information below:
- the purposes for which we process your data;
- how we use your personal data;
- the categories of data we process;
- the legal basis for processing; and
- the data retention period.
More detailed information is provided below:
PURPOSE | HOW WE USE IT | PERSONAL DATA | LEGAL BASIS | RETENTION PERIOD |
Presentation of the business in which the investment is requested | If you want us to invest in your business, you can prepare a presentation to convince us to choose you. | Any information you decide to provide on presentation. | Consent (Article 6(1)(a) of GDPR). | If a business is denied investment, the data is deleted immediately after the decision is made. Where the decision is made to invest in a business, the personal data is retained until the end of the investment contract. |
Investing in your business | We process personal data in order to invest in your business. | Name of the legal entity, legal entity code, registered office address, e-mail address, bank account number, name, surname, title and signature of the representative of the legal entity and the amount to be invested. | Contract (Article 6(1)(b) of GDPR). | 10 (ten) years after the contract termination. |
Publicising investments | We process personal data in order to share information about the companies in which we have invested on websites (motieka.com and mifund.lt), in newsletters, in the Company’s and the law firm’s social networks and in the press. | Name of the legal entity, logo, website address, and information about the activities carried out by the legal entity. | Consent (Article 6(1)(a) of GDPR). | 10 (ten) years after the date of publication. |
Managing enquiries received by e-mail | The information is processed in order to answer all your questions. | E-mail address, the information provided in the e-mail, date of enquiry. | Consent (Article 6(1)(a) of GDPR). | 1 (one) year from the date of the last communication. |
Defending legal claims | The Company shall process the data of the persons involved in the case or their employees on the basis of its legitimate interest to defend its rights, including in the event of civil litigation. | All data is processed for the above purposes. | Legitimate interests (Article 6(1)(f) of GDPR). | 1 (one) year after the final settlement of the case and full satisfaction of the claims of the Company (if satisfied). |
2. Cookies
Cookies are small text files containing an identifier that is sent by a web server to your web browser and stored by the browser. The identifier is then sent back to the server each time the browser requests a page from the server. Cookies do not typically contain any information that personally identifies a user, but personal information that we store about you may be linked to the information stored in and obtained from cookies.
More detailed information about the cookies we use is provided below:
COOKIE NAME | PROVIDER | PURPOSE | TYPE | EXPIRY |
uncodeAI.css | To improve your browsing experience | Functional | Session | |
uncodeAI.images | To improve your browsing experience | Functional | Session | |
uncodeAI.screen | To improve your browsing experience | Functional | Session | |
uncode_privacy%5Bprivacy_bar%5D | To remember your choices | Functional | 12 months | |
uncode_privacy[consent_types] | To remember your choices | Functional | 12 months | |
ppl_language | To remember your choice of preferred website language | Functional | 12 months |
3. Who receives your information?
- Persons related to the provision of services of the Company such as providers of telecommunications, IT, hosting, and cloud computing services.
- Authorities and officials such as regulators, supervisory authorities, law enforcement agencies, bailiffs, notaries, courts, and out-of-court dispute resolution bodies, when it is required by law.
- Motieka & Audzevičius – if you have given your consent to the publicity of the investment on social networks and (or) website.
Except as provided in this privacy policy, we do not provide your personal data to any other third parties.
The list of recipients or categories of recipients set out in this privacy policy is subject to change, so if you wish to be informed of changes in the recipients of your personal data, please notify us by sending an e-mail to the e-mail address set out in this privacy policy, stating “I wish to be informed of a change in the recipients of my personal data, name“.
4. Transfer of data to third countries
Your personal data is not transferred to third countries and (or) international organisations.
5. Security of your personal data
Your personal data will be processed in accordance with the General Data Protection Regulation, the Law on Legal Protection of Personal Data of the Republic of Lithuania and other legal requirements. When processing your personal data, we implement organisational and technical measures to ensure the protection of personal data against accidental or unlawful destruction, alteration, and disclosure, as well as against any other unlawful processing. The employees carrying out personal data processing functions shall keep documents and data files properly and securely and avoid making unnecessary copies. Copies of documents containing your personal data shall be destroyed in such a way that the documents can no longer be retrieved in any way and the contents identified.
The Company shall ensure the security of the premises where personal data are stored, the proper location and review of technical equipment, compliance with fire safety rules, proper network management, maintenance of information systems and the implementation of other technical measures necessary to ensure the protection of personal data.
Computer files containing personal data on computers are not accessible to users of other computers. The computer itself is protected by a password that is known only to the person working on that particular computer, and the computers are kept up to date with anti-virus software.
6. Children’s data processing
Our website is not intended for children and we do not knowingly collect personal information from children under the age of 18 (eighteen). We will delete any personal information collected if we learn that it was submitted by a user under the age of 18 (eighteen).
Nevertheless, if you are the parent or legal guardian of a child under the age of 18 (eighteen) who has provided us with personal information, you may request to review or delete that information by contacting us at the e-mail address set out in this Privacy Policy.
7. Your rights
In this section, we have summarised the rights that you have under data protection laws. Some of the rights are complex thus we only provide the main aspects of such rights. Accordingly, you should read the relevant laws and guidance from the regulatory authorities for a full explanation of these rights.
Your other principal rights under data protection law are the following: (i) the right to access data; (ii) the right to rectification (note that you may exercise most of this right by logging to your account here; (iii) the right to the erasure of your personal data; (iv) the right to restrict processing of your personal data; (v) the right to object to the processing of your personal data; (vi) the right to data portability; (vii) the right to complain to a supervisory authority; and (viii) the right to withdraw consent.
The right to access data. You have the right to confirmation as to whether or not we process your personal data and, where we do, access the personal data, together with certain additional information. That additional information includes details of the purposes of the processing, the categories of personal data concerned and the recipients of the personal data. Providing the rights and freedoms of others are not affected, we will supply you with a copy of your personal data. The first copy will be provided free of charge, but additional copies may be subject to a reasonable fee.
The right to rectification. You have the right to have any inaccurate personal data about you rectified and, taking into account the purposes of the processing, to have any incomplete personal data about you completed.
In some circumstances, you have the right to the erasure of your personal data. Those circumstances include when: (i) the personal data are no longer necessary in relation to the purposes for which they were collected or otherwise processed; (ii) you withdraw consent to consent-based processing and there is no other legal basis to process data; (iii) you object to the processing under certain rules of applicable data protection laws; (iv) the processing is for direct marketing purposes; or (v) the personal data have been unlawfully processed. However, there are exclusions of the right to erasure. Such exclusions include when processing is necessary: (i) for exercising the right of freedom of expression and information; (ii) for compliance with our legal obligation; or (iii) for the establishment, exercise or defense of legal claims.
In some circumstances, you have the right to restrict the processing of your personal data. Those circumstances are when: (i) you contest the accuracy of the personal data; (ii) processing is unlawful but you oppose erasure; (iii) we no longer need the personal data for the purposes of our processing, but you require personal data for the establishment, exercise or defense of legal claims; and (iv) you have objected to processing, pending the verification of that objection. Where processing has been restricted on this basis, we may continue to store your personal data, however, we will only further process such data in any other way: (i) with your consent; (ii) for the establishment, exercise or defense of legal claims; (iii) for the protection of the rights of another person; or (iv) for reasons of important public interest.
You have the right to object to our processing of your personal data on grounds relating to your particular situation, but only to the extent that the legal basis for the processing is that the processing is necessary for: the performance of a task carried out in the public interest or the purposes of the legitimate interests pursued by us or by a third party. If you make such an objection, we will cease to process the personal information unless we can demonstrate compelling legitimate grounds for the processing which override your interests, rights and freedoms, or the processing is for the establishment, exercise or defense of legal claims.
The right to data portability. To the extent that the legal basis for our processing of your personal data is: (i) consent; or (ii) performance of a contract or steps to be taken at your request prior to entering into a contract, necessary to enter into such, you have the right to receive your personal data from us in a structured, commonly used and machine-readable format. However, this right does not apply where it would adversely affect the rights and freedoms of others.
If you consider that our processing of your personal information infringes data protection laws, you have a legal right to lodge a complaint with a supervisory authority responsible for data protection. You may do so in the EU member state of your habitual residence, your place of work or the place of the alleged infringement. Our data processing is supervised by the State Data Protection Inspectorate of the Republic of Lithuania, registered office at L. Sapiegos St. 17, LT-10312, https://vdai.lrv.lt/.
To the extent that the legal basis for our processing of your personal information is consent, you have the right to withdraw that consent at any time. Withdrawal will not affect the lawfulness of processing before the withdrawal.
8. Updating your data
You are responsible for maintaining the confidentiality of the data you provide to us and for ensuring that the data you provide to us is accurate, correct and complete. If the data you provide changes, you must inform us immediately by e-mail. In no circumstances we will be liable for any damage caused to you as a result of you providing incorrect or incomplete personal data or failing to inform us of a change in the personal data you have provided.
9. Changes to our Privacy Policy
We may amend this Privacy Policy at any time, in case of material changes, we may inform you about such via e-mail.
10. Contact Information
We will use all reasonable efforts to answer any questions or resolve any concerns regarding your privacy promptly
All comments, queries and requests relating to our use of your personal information are welcomed. If you would like to contact us at info@mifund.lt.
This privacy policy is published and is in force as of 12/12/2022.