id3 Asset Management Ltd

Disposing of IT

Data Protection Policy Statement
Id3 Asset Management Ltd is fully committed to full compliance with the requirements of the General Data Protection Regulation. The company will therefore follow procedures which aim to ensure that all employees, elected Members, contractors, consultants, partners or other servants or agents of the company (collectively known as data users) who have access to any personal data held by or on behalf of the company are fully aware of and abide by their duties under the General Data Protection Regulation 

Statement of Policy
The company needs to collect and use information about people with whom it works in order to operate and carry out its functions. These may include members of the public, current, past and prospective employees, clients and customers and suppliers. In addition, the company may be required by law to collect and use information in order to comply with the requirements of central government. This personal information must be handled and dealt with properly however it is collected, recorded and used and whether it is on paper, in computer records or recorded by other means.  Id3 Asset Management Ltd regards the lawful and appropriate treatment of personal information as very important to its successful operations and essential to maintaining confidence between the company and those with whom it carries out business. The company therefore fully endorses and adheres to the Principles of the General Data Protection Regulation. 

Handling personal/special category data
Id3 Asset Management Ltd will, through management and use of appropriate controls, monitoring and review:

These rights include:

The right to erase your details
The right to erasure is not absolute and only applies in certain circumstances.
The right to erasure does not apply if processing is necessary for one of the following reasons:

The Company must act upon any request without undue delay and at least within one month of receipt.

The Principles of Data Protection
Anyone processing personal data must comply with 6 principles of good practice. These principles are legally enforceable.  Summarised, the principles require that personal data shall be: 
1. processed lawfully, fairly and in a transparent manner in relation to individuals 
2.collected for specified, explicit and legitimate purposes and not further processed in a manner that is incompatible with those purposes; further processing for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes shall not be considered to be incompatible with the initial purposes; 
3. adequate, relevant and limited to what is necessary in relation to the purposes for which they are processed; 
4. accurate and where necessary, kept up to date; every reasonable step must be taken to ensure that personal data that are inaccurate, having regard to the purposes for which they are processed, are erased or rectified without delay; 
5. kept in a form which permits identification of data subjects for no longer than is necessary for the purposes for which the personal data are processed; personal data may be stored for longer periods insofar as the personal data will be processed solely for archiving purposes in the public interest, scientific or historical research purposes or statistical purposes subject to implementation of the appropriate technical and organisational measures required by the GDPR in order to safeguard the rights and freedoms of individuals;
6. processed in a manner that ensures appropriate security of the personal data, including protection against unauthorised or unlawful processing and against accidental loss, destruction or damage, using appropriate technical or organisational measures in accordance with the rights of data subjects under the Act 
The Act provides conditions for the processing of any personal data. It also makes a distinction between personal data and 'special category’ data.  Personal data is defined as any information relating to an identified or identifiable natural person  
Special category data is defined as personal data consisting of information as to: