POPI CONSENT

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The Protection of Personal Information (POPI) Act requires us to inform you how we use, disclose and destroy personal information we obtain from you. We are committed to protecting your privacy and will ensure that your personal information is used appropriately, transparently, securely and according to applicable law.
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The undersigned hereby consent to the following:

1.       My personal information may be collected, processed, recorded, used and must be safeguarded during the rendering of financial services to me by MVL BROKERS FSP NUMBER: 15561 (hereinafter referred to as the FSP). This includes my consent to move cross-border (cloud-based) for save guarding purposes.

2.       The FSP may also add to my personal information, with information received from other product providers and third parties in order to offer a more comprehensive and appropriate service to me.

3.       The FSP may verify, share and disclose my personal information to their product providers and third-parties whose services or products they use in order to adequately and appropriately render financial services to me.

4.       The FSP may also collect and process my personal information for the FSP’s own marketing purposes to ensure their products and services remain applicable and appropriate.

5.      The FSP is required by law to obtain and process information about you for the purposes of conducting Customer Due Diligence (CDD) which includes enhanced due diligence. The purpose of CDD is to determine the risk that you may be engaged in money-laundering and/or terror-financing activities. We are required to obtain and process information about you in respect of the following:

·         Your identity and that of any person whom you purport to represent, including your status as a prominent person as defined in the act.

·         Your place of residence and/or registration of your business.

·         Your status as defined by reference to sections 26A (i.e., whether you are a person against whom financial sanctions have been imposed) and section 28A (i.e., whether you are a person in respect of whom there is an absolute prohibition against doing business with).

·         The nature and ownership/control structure of your business; and

·         The nature of our products and services, how they relate to your requirements and how you use them.

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6.       I also consent to the underwriting, claims or credit information referred to above being retained on any shared database and shared with insurers and/or other institutions for underwriting purposes and/or to reduce the incident of fraud, notwithstanding the cancellation of my policy by myself or by the FSP.

Furthermore, I understand and hereby consent that:

1.       I have the right to access my personal information which the FSP holds.

2.       I have the right to ask the FSP to update, correct or delete my personal information on reasonable grounds.

3.       Once I object to the FSP processing my personal information, the FSP may no longer process my personal information, within reasonable parameters unless to conclude a transaction or outstanding business.

4.       Should I wish to withdraw my consent to process my personal information, I must do so in writing, addressed to the FSP Information Officer.

5.       Once I withdraw my consent for the FSP to process my personal information, I understand that the FSP is still obliged under other legislation to keep the information for 5 years after termination of the relationship between the FSP and myself.

6.       The FSP may disclose my information where they have a duty or a right to disclose in terms of applicable legislation or where it may be necessary under any other law.

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