Data protection information authorised representative

• 0. Controller / Data protection officer

  Controller
  Liechtensteinische Landesbank AG, Städtle 44, 9490 Vaduz Liechtenstein,
  phone: +423 236 88 11

  Contact data of the data protection officer
  Liechtensteinische Landesbank AG, Datenschutzbeauftragter, Städtle 44, 9490 Vaduz, Liechtenstein
  phone: +423 236 88 11
  e-mail: datenschutz@llb.li

• 1. Which data is processed (data categories) and from which sources does it come from?

  We collect and process personal data, e.g. received in the course of the banking relationship with the owner of the business relationship (e.g. power of attorney) or for other purposes for the necessary exchange with the person responsible. 

  By personal data we mean in particular the following data categories:

  • Personal identification data (e.g. name, ID details, addresses, telephone number, power of attorney information)
  • Personal characteristics (e.g. further regulatory information required for opening and maintaining the business relationship or power of attorney)
  • Media, means of communication (e.g. e-mail correspondence, business correspondence)

• 2. For what purposes and on what legal basis is your data processed?

  We process personal data in accordance with the provisions of the GDPR for the following purposes:

  • Fulfilment of contractual obligations
    Legal basis: Art. 6(1)(b) GDPR (performance of pre-contractual measures and fulfilment of a contract)
  • Compliance with legal and regulatory requirements
  • Fulfilment of statutory documentation, retention and record-keeping obligations
    Legal basis: Art. 6(1)(c) GDPR (compliance with a legal obligation)
  • Compliance with internal policies and processes

  Legal basis: Art. 6(1)(f) GDPR (legitimate interests)

  Our legitimate interest lies in the efficient management of business relationships and in ensuring proper corporate governance.

• 3. Who has access to the personal data?

  Both positions inside and outside the bank can have access to your data. Within the bank, only departments or employees are allowed to process your data if they need it to protect legitimate interests. Subject to data confidentiality, other service providers or vicarious agents may also receive personal data for these purposes. Processors can be companies in the categories of IT services, logistics, printing services, advice and consulting as well as sales and marketing. 

  Data will only be transferred to countries outside the EU or the EEA (so-called third countries) if

  • this is necessary to carry out pre-contractual measures or to fulfill a contract, to provide services or to process orders (e.g. executing payment orders and securities transactions or issuing a credit card) (Art. 6(1)(b), (c) GDPR),
  • you have given us your consent (Art. 6(1)(a) GDPR).

• 4. How long is the data stored?

  We process and store the personal data until the statutory retention obligation expires.

• 5.  Is automated decision making in use, including profiling?

  No automated decision-making, including profiling, takes place as part of this data processing.

• 6. What data protection rights do you have?

  You have the right to access your personal data (Art. 15 GDPR), request the rectification of inaccurate data (Art. 16 GDPR), request the erasure of your personal data (“right to be forgotten”, Art. 17 GDPR), request the restriction of processing (Art. 18 GDPR), receive your personal data in a structured, commonly used and machine-readable format (right to data portability, Art. 20 GDPR), and object to the processing of your personal data (Art. 21 GDPR).

  Where processing is based on your consent, you have the right to withdraw your consent at any time with effect for the future. In addition, subject to the applicable legal requirements, you have the right not to be subject to a decision based solely on automated processing, including profiling.

  You also have the right to lodge a complaint with a competent data protection supervisory authority (Art. 77 GDPR).

  To exercise your rights, you may contact the Controller or the Data Protection Officer at any time. You can reach us by post or by e-mail using the contact details provided above.

  
  

• 7. Updates

  In particular due to technical developments, changed legal or official requirements or due to organisational changes, we will adapt or update this data protection information and publish it on our website https://llb.li/privacy. Upon request, we will also provide the current data protection information as a file (PDF) or in written form. However, we recommend that you always check our website for the current status. In the event of changes, we will check whether there is an obligation to actively notify you of the changes and, in these cases, fulfill our obligations accordingly. Otherwise, we will only replace files or printouts distributed by us with current versions upon further request.