1. Data Collection

The personal data provided by the client to the Company, as well as any documentation arising from the opening or maintenance of the client’s account with the Company, will be used by the Company for the following purposes: (a) activities related to the processing of the client’s application for opening and maintaining the account, including, but not limited to, conducting credit checks through credit agencies in Bulgaria and abroad or processing the client’s application for the granting of credit or margin facilities by the Company, as well as maintaining and reviewing such credit or margin facilities (if applicable); (b) activities related to the purchase, sale, investment, exchange, acquisition, holding, disposal, and overall management of various types of securities on behalf of the client; (c) maintaining data and information in accordance with the applicable laws and regulations in Bulgaria relating to the securities business and transactions, as well as in accordance with the codes and regulations of the relevant regulatory authorities, the rules and regulations of each stock exchange and clearing house.

2. Obligation to Provide Personal Data

2.1 The customer is required to provide the personal data requested by the Company. If the customer fails to provide the necessary personal data, the Company may refuse to open or maintain the account or refuse to provide services to the customer.
2.2 When you provide personal data to the Company, please ensure that the information is accurate, keeping in mind the customer’s legal obligations.

3. Disclosure of Information

3.1 The Company may, when it deems necessary, disclose to its agents or nominees, affiliated companies, or persons or companies engaged in the clearing of securities, futures, and options, as well as to the Company’s auditors, information necessary for the operation of the client’s account or the execution of the client’s orders related to the activities described in point 1(b) above. 3.2 In accordance with all laws and regulations adopted and in force in Bulgaria relating to the business and transactions in securities, as well as in accordance with the codes of the Financial Supervision Commission, the rules and regulations of the Stock Exchange and the Clearing House, the personal data provided by the client may be disclosed to the Stock Exchange and the Clearing House, as well as to any financial regulator, government authorities, other regulatory bodies, natural or legal persons who are entitled to such access under the law. 3.3 The Company is authorized to use the information provided in connection with the account for marketing purposes, including the exchange of non-financial information with selected business partners. In the event of a default on account obligations, the Company is authorized to disclose account information to third parties for debt collection purposes. The Company has the right to disclose account information to a potential buyer for due diligence purposes in connection with a merger or acquisition.

4. Access to personal data

4. In accordance with the law, the customer may request access to the personal data they have provided and may ask the Company to correct any inaccurate information. The Company reserves the right to charge a reasonable fee for processing any request for access to data.