Privacy Policy

This privacy policy (Privacy Policy) of Boursa Kuwait requires your careful attention as it is a legally binding document between you as a user (referred to in this Privacy Policy as 'you' or 'user') and Boursa Kuwait (referred to as 'Boursa Kuwait', 'we', 'us', 'our').

The Privacy Policy is the policy adopted by Boursa Kuwait which sets out and explains how we process (including and limited to; collect, handle, store, use, share, or transfer and protect) (Process(ing)) personal information about you as further described below when you engage with any of the products and/or services provided by or with Boursa Kuwait (Services). 

The Services provided to you by Boursa Kuwait are brought to you by Boursa Kuwait, a company incorporated under the laws of the State of Kuwait with Commercial Registration Number 355538 and registered address of P.O. Box 22235, Kuwait City, Kuwait.

Under our Privacy Policy, and by providing us with your personal information or by making use of the facilities provided by our Services or in any dealings you enter with Boursa Kuwait, you hereby agree: (i) that you have read and understood this Privacy Policy in its entirety; (ii) that you consent to the Process of any or all of your personal information and non-personal information by us as specified under this Privacy Policy and subject to its terms and conditions; and (iii) that, without reservation and to the extent permissible under applicable laws and regulations in the State of Kuwait, you consent, accept and agree to be bound by the terms and conditions of this Privacy Policy. If you do not agree to this Privacy Policy, please stop using or accessing the Services. 

At Boursa Kuwait, your privacy and the security of the personal information you provide to us are of utmost importance to us. We are committed to safeguarding the privacy of your personal data and the information that you provide, and we take all necessary precautions to ensure its security. We will also provide you with information and transparency with regard to how we Process personal data.

PURPOSE

Boursa Kuwait is the authorized operator of the Kuwait Stock Exchange, the national stock market of Kuwait. We have a legitimate purpose in Processing your information where it is appropriate to provide comprehensive and optimal services to you as our valued user (Purpose). For the below-mentioned Purposes, as required by applicable law, Boursa Kuwait will obtain your consent as and when required to Process your personal data. Such Purpose may include Processing personal information so we can:

1. verify and identify who you are;
2. provide you with the comprehensive and optimal Services that you request;
3. inform you about online and offline offers or services that may be of interest to you;
4. inform you about updates;
5. detect and protect us against error, fraud, and other criminal activity; 
6. enforce our terms and conditions; 
7. improve our product and service offerings to you based on your interest.

For Services in connection with employment at Boursa Kuwait, such Purpose may include Processing personal information for:

1. facilitating your employment application;
2. making decisions related to the recruitment process; 
3. employment-related purposes which include Boursa Kuwait’s compliance with legal obligations based on the labor law and social security law.

COLLECTION

When you use our Services or deal with Boursa Kuwait, we may collect and store your personal data and information, which is provided by you from time to time:

1. through your interactions with us and/or our Services;
2. through your system/device and use of our Services; 
3. through cookies and similar technologies included in our Services, more information and relating to cookies, and how to control their use, can be found in our cookies policy; and
4. that is lawfully made available from sanctions, watchlists, records, databases, and/or systems of government agencies, departments, divisions, law enforcement, court, regulatory, registry, or other operating units, in electronic, paper, or any other format for you to access our Services.

To the extent that any personal information is provided to us by a third party, other than the data subject, such third parties are also responsible for their own compliance with applicable data protection and privacy laws.

Once you give us your personal information, you are not anonymous to us. Where possible, we indicate which fields are required and which fields are optional. You always have the option to not provide information by choosing not to use a particular service or feature from the Service that requires the collection of your personal data. We may automatically track certain information about you based on your behavior by accessing or using the Services. This information is compiled and analyzed on an aggregated basis. This information may include, but not be limited to, the URL that you just came from, which URL you go to next, your computer browser information, and your IP address. 

PERSONAL DATA AND INFORMATION

The types and categories of personal information we collect depend on how you are interacting with us. Depending on the Services you use or your interactions with us on the relevant Services, the personal information we collect may include: 

1. name and contact data; 
2. employer and professional level data;
3. account credentials;
4. payment information; 
5. device information, usage information;
6. identification documentation; 
7. special categories of data or sensitive personal information. 

SHARING YOUR PERSONAL INFORMATION WITH THIRD PARTIES

We may share personal information with other stock exchanges, corporate entities, affiliates, and service providers (Partner/s) which support us in the delivery of our Services to you so that we can optimize the Services we provide and make available to you. This personal information cannot be used by the Partners to market their own services. We will require the Partner to take steps to ensure that your personal data and information are kept secure and used in accordance with this Privacy Policy. The user undertakes and hereby agrees that Boursa Kuwait shall not be held liable for any unauthorized use of or access to your personal information by a Partner or any third party. The disclosure to third parties may be required for us to provide you access to any of our Services, to comply with our legal obligations, to enforce any applicable user agreements, to facilitate our marketing and advertising activities, or to prevent, detect, mitigate and investigate fraudulent or illegal activities related to any of our Services. We do not disclose your personal information to third parties and Partners for their marketing and advertising purposes without your explicit consent.

This Privacy Policy only applies to personal information collected through the Services. This Privacy Policy does not apply to any other third party or Partner that you connect to from the Services. The user hereby acknowledges and agrees that the user shall not hold Boursa Kuwait responsible for the content or practices of websites operated by third parties that are linked to or from the Services. 

We may also disclose your personal information to third parties in the following circumstances:

1. where you give us your consent;
2. where necessary for the performance of a contract with you, we will process your personal information in order to provide Services requested or purchased by you, or in dealings with Boursa Kuwait;
3. in our Partner’s legitimate interests;
4. in the event of Boursa Kuwait breakup and/or assets sale; and
5. for compliance with a legal obligation or on the basis of applicable law. 

HOW WE USE COOKIES

We use data collection devices such as cookies on certain pages of the Website to help analyze our webpage flow, measure promotional effectiveness, and promote trust and safety. A cookie is a small piece of information stored by a web server on a web browser so it can be later read back from that browser. Cookies are useful for enabling the browser to remember information specific to a given user. We may place temporary cookies in your computer's hard drive. The cookies do not contain any of your personally identifiable information. We may offer certain features that are only available through the use of a cookie. We may also use cookies to allow you to enter your password less frequently during a session. Cookies can also help us provide information that is targeted to your interests. Most cookies are "session cookies," meaning that they are automatically deleted from your hard drive at the end of a session. You are always free to decline our cookies if your browser permits, although in that case, you may not be able to use certain features. We do not control the use of cookies by third parties.

LINKS TO OTHER SITES

Our Services may link to other websites that may collect personally identifiable information about you. Boursa Kuwait is not responsible for the privacy practices or the content of those linked websites.

SECURITY PRECAUTIONS

We have stringent security measures in place to protect against the loss, misuse, and alteration of your personal information. Once your information is in our possession we adhere to strict security guidelines, doing our best to protect your personal information against unauthorized access and misuse. However, we cannot guarantee the security of your data transmitted online or over the Services.

All information you provide to us is stored on secure servers. Any payment transactions will be protected and safeguarded with high-security precautions. 

YOUR RIGHTS AND ACCESS TO YOUR PERSONAL DATA 

You have a number of rights under Law No. 20 of 2014 concerning Electronic Transactions (Privacy Law) with regard to how we handle and process your personal data and information. These include your rights to:

1. Request access to your personal data. This will enable you to receive a copy of the personal data we hold about you. We may charge a service fee for this.
2. Request correction of the personal data that we hold about you. This enables you to have any incomplete or inaccurate data we hold about you corrected, although we may need to verify the accuracy of the new data you provide to us. 
3. Request the erasure of your personal data. This enables you to ask us to delete or remove personal data where there is no good reason for us continuing to Process it. Please note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request. 
4. Withdraw consent at any time where we are relying on consent to process your personal data. However, this will not affect the lawfulness of any Processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain Services to you. We will advise you if this is the case at the time you withdraw your consent. 
5. Complain to the competent authority in Kuwait established under the Privacy Law to administer and oversee the operation of and compliance with the Privacy Law, where you are concerned that we may have not complied with the Privacy Law or any of its implementing requirements. 

MARKETING MATERIALS

We provide all users with the opportunity to unsubscribe from receiving nonessential (promotional or marketing-related) communications from us or on behalf of our Partners.

SOFTWARE DISCLAIMER

We do not accept responsibility for any disruption, damage, and/or any losses of profits or data on your data or computer system that may occur while using or accessing the Services. We do not make any warranty that the functionality of the Service will be uninterrupted or error-free.

GENERAL

If any of the terms and conditions of this Privacy Policy should be determined to be illegal, invalid, or otherwise unenforceable by reason of any applicable laws or regulations; such provisions shall be severed and deleted from this Privacy Policy. To the extent reasonably possible, all other terms and conditions of this Privacy Policy shall remain in full force and continue to be binding and enforceable.

No ideas, material, computer code, information, or other communication you submit or post to the Service will be considered confidential or proprietary. All such material becomes the exclusive property of Boursa Kuwait which is entitled to use such material for any purpose without restriction or compensation. 

You are prohibited from posting or transmitting to or from the Service any unlawful, infringing, threatening, libelous, defamatory, obscene, or offensive material or any other material that would violate any applicable laws and regulations and we reserve the right to delete such material without giving any notice. We also reserve the right, at our sole discretion and without providing any explanation, to block any user from entering the Website permanently. Views expressed or comments offered by the users shall be personal in nature of the users and we shall not have any responsibility whatsoever in this regard.

To the fullest extent permitted by applicable law or regulations, neither  Boursa Kuwait nor any other third party, service provider, or Partner acting on behalf of or in conjunction with Boursa Kuwait, nor any of the respective affiliates, group companies, subsidiaries, or holding companies of either Boursa Kuwait or any authorized contractor, partner or service provider acting on behalf of or in conjunction with  Boursa Kuwait (Protected Companies) nor any of the respective owners, shareholders, directors, officers, employees, agents, consultants or representatives of any Protected Companies (Protected Parties) shall be responsible for any proceedings, claims, liabilities, costs, fees (including attorney fees), expenses, delays, losses, penalties or other damages (howsoever arising) caused to you or any other third party arising out of or in connection with this Privacy Policy.

CHANGES TO THIS PRIVACY POLICY

Boursa Kuwait may change this Privacy Policy from time to time without notice. Any changes we may make to this Privacy Policy in the future will be posted where appropriate. Your continued use of the Services provided by Boursa Kuwait after we publish our changes to this Privacy Policy will mean that you are consenting to the updated Privacy Policy.

Boursa Kuwait reserves the right in its sole and absolute discretion to change these policies, terms, and disclaimers at any time. Any such changes will take effect when posted on this page and it is your responsibility to read the policies, terms, and disclaimers on each occasion you provide or obtain services from Boursa Kuwait and upon using Boursa Kuwait’s products, services, or the website. Your continued usage shall signify your acceptance to be bound by the then-current or future policies, terms, and disclaimers applied by Boursa Kuwait.

NO LIABILITY

In no event shall Boursa Kuwait be liable for any loss or damage including, without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of the Website or reliance placed by you on the information contained on the Website. 

CONTACT

Should you have any questions or queries regarding this Privacy Policy, please contact us at info@boursakuwait.com.kw. 

GOVERNING LAW AND JURISDICTION

Any dispute relating to the enforcement, interpretation, or application of the Privacy Policy shall be governed by and construed in accordance with the laws of the State of Kuwait. Any dispute arising out of or in connection with this Privacy Policy, or any usages of Boursa Kuwait’s Services including the website shall be dealt with through the Courts of the State of Kuwait to the exclusion of all others.