1. Moni Plus collects Personal Information from you, for the purpose of providing our products and services to you, and to satisfy our obligations under any relevant legislation or regulation, such as, the Proceeds of Crime Act 2005 and any similar anti-money laundering and counter-terrorism (AML/CTF) laws of any jurisdiction that we transact within, and the reporting requirements of the Central Bank of Papua New Guinea (BPNG).
2. Papua New Guinea has developed its Privacy Policy based upon Article 49 of the Constitution ,which guarantees the right of privacy as a constitutional right. Moni Plus implements its privacy protocols based upon Article 49, and generally accepted good privacy practices.
3. Our Compliance Manager has overall responsibility to ensure that we, together with our officers, employees, consultants and agents comply with our privacy principles. Any enquiry or complaint should be addressed to that person, at compliance@moniplusfx.com. We are always willing to explain to you the reasons why we collect and store your Personal Information.
4. Your Personal Information will be securely held within our systems in accordance with our security protocols and safeguards. Whilst we take all reasonable precautions to safeguard information transmitted between our website and our users, we may be unable to prevent unauthorised access to such information by third parties or inadvertent disclosure of such information during transmission. You acknowledge this risk when we communicate electronically with each other.
5. If we wish to use your Personal Information for any other purposes we will first obtain your consent prior to so doing, unless the new purpose is one that is required by law. We will never release your Personal Information to any third party for marketing purposes without first having obtained your consent.
6. Consent to use your Personal Information may either be expressed or implied. As an example Moni Plus may rely on your implied consent when you provide personal details such as name, address, passport or other identification details to verify your identification and / or to cross check against recognised name check databases, or where we need to release information to third parties to enable completion of Forex Transactions.
7. There may be circumstances when Moni Plus is obliged to collect, use or disclose certain Personal Information without first having obtained your consent. Such circumstances include;
(a) disclosure is authorised or required by law;
(b) disclosure is in the reasonable opinion of Moni Plus necessary to prevent, detect or to assist in the investigation or prosecution of;
(i) any illegal or criminal activity;
(ii) enforcement of laws relating to the confiscation of the proceeds of crime;
(iii) protection of the public revenue.
(d) there is an imminent threat to the health or safety of the public or any individual person;
(e) unlawful or seriously improper activity has been detected.
8. Any consent in respect of Personal Information that you have given, either express or implied may, subject to any legal restrictions or existing contractual obligations in respect of our services, be withdrawn, providing you give us reasonable notice in writing. We shall explain the consequences of any such action which may result in Moni Plus no longer being able or prepared to continue offering our services to you.
9. Personal Information will only be retained as long as necessary to fulfill the purpose for which it has been collected, subject to at all times meeting the minimum requirement imposed by any law or regulation that Moni Plus is subject to. Subject to any laws Moni Plus shall safely destroy your Personal Information when it is no longer required.
10. Moni Plus will upon written request allow you to access your Personal Information within a reasonable period of time, unless we are prohibited by law to providing you with access to all or part of the Personal Information requested. If you are advise any inaccuracy or incompleteness, we shall take appropriate action to make the necessary amendments and where appropriate to notify any relevant third parties.
11. Moni Plus from time to time may amend this Privacy Policy, in whole or in part. Any changes are effective immediately upon the posting of the revision on the website.
