1.2. EDFI MC is a company established in 2016 on behalf of EDFI members, as a full subsidiary of the EDFI Association in Brussels. It aims to supporting market development in new areas of financing and projects. The mission of EDFI MC is to deepen investment flows to priority areas by managing joint investment facilities on behalf of the European Commission, the EDFI members and potentially other funders of private sector projects on a highly efficient and financially self-sustaining basis.
2. Legal framework
I. the Belgian Data Protection Act of 8th December 1992 on the protection of privacy in relation to the processing of personal data (as amended, modified and/or completed from time to time) (the “Privacy Act”);
II. regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation) (“GDPR”); and
II. all other applicable legislation regarding the protection of privacy and the processing of personal data;
(together or separately, the “Privacy Legislation”).
I. achieve the purpose and exercise its activities, as described in article 1.2;
II. provide direct marketing regarding its activities such as updates, newsletters, direct marketing info brochures, emails, marketing materials, invitations to events such as conferences, exhibitions, launches, seminars and workshops and other information that may be useful to you;
III. execute the contract(s) that will be or have been concluded with you or your employer, legal entity or organization;
IV. prospect new parties (e.g. clients, investees, members, subcontractors, or contracting parties);
V. better understand your needs and preferences in order to adjust its services hereto;
VI. inform third parties (e.g. subcontractors, partners or contracting parties); and/ or
VII. comply with applicable legislation;
(together or separately the “Purpose”).
4. Legal basis and applicability
4.1. EDFI MC has the following legal grounds for the processing of your personal data:
I. the contract you have entered into with EDFI MC in connection with its activities as set out in article 1.2;
II. your free, specific, informed and unambiguous consent to EDFI MC, its partners (e.g. subcontractors, partners or contracting parties) to process your personal data. You can give your consent by any means, such as, but not limited to mail, e-mail, an online or offline consent form, a membership form or orally;
III. a legal obligation; and/ or
IV. a legitimate interest of EDFI MC.
4.2. Providing your personal data to EDFI MC and/or entering into a contract with EDFI MC, implies that you:
4.3. As a consequence, you hereby expressly grant EDFI MC permission to use your personal data to accomplish the Purpose.
5. Personal data
5.1. The personal data EDFI MC may process are, amongst others: first name, name, address, email address, phone number, birth date and/or copy of passport or ID.
6. Transfer of personal data to third parties
6.1. EDFI MC guarantees that it does not transfer your personal data to third parties, unless:
I. there is a legal obligation to transfer personal data;
II. to its partners (e.g. subcontractors, partners, legal advisors, notaries or contracting parties) for the achievement of the Purpose;
III. to its affiliated entities, the Investment Committee of EDFI MC, the European Development Finance Institutions (EDFIs) and the shareholders of EDFI MC for the achievement of the Purpose;
IV. to the European Commission; and/or
V. EDFI MC has a legitimate interest to do so;
6.2. EDFI MC will not sell your personal data.
6.3. Third parties to whom EDFI MC may, or is obliged to, transfer personal data on the basis of the above categories, can be located within or outside the European Union. The personal data may thus be transferred to companies or authorities of non-EU countries. EDFI MC cannot be held responsible regarding the transfer of personal data and cannot be liable for the further processing of the personal data by such third parties.
7. Storage period
EDFI MC stores the personal data for as long as is necessary to achieve the Purpose.
8. Your rights
8.1. The Privacy Legislation provides you with a number of rights in relation to your personal data. You have the right, free of charge:
I. to have access to and receive a copy of your personal data;
II. to have your personal data corrected in case of errors;
III. to have your personal data erased in case:
a. your personal data are no longer necessary to achieve the Purpose;
b. you withdraw your consent and there is no other legal ground for the processing of the personal data;
c. you object to the processing of the personal data and there is no other legal ground for the processing of the personal data;
d. the personal data have been unlawfully processed;
e. there is a legal obligation to erase the personal data;
IV. to have the processing of your personal data restricted;
V. to request that your personal data are transferred to a third party;
VI. to object against the processing of your personal data, in particular the processing in light of direct marketing purposes;
VII. to withdraw your consent pursuant to which EDFI MC is allowed to process your personal data;
VIII. to lodge a complaint with the Commission for the Protection of Privacy (the “Privacy Commission”) if you are of the opinion that the processing of your personal data violates the Privacy Legislation.
8.2. In case you want to exercise the above rights, and provided you prove your identity, you can send a written, dated and signed request by ordinary mail to EDFI Management Company NV, Rue du Trône 4, 1000 Brussels, Belgium or by email to email@example.com.
EDFI MC commits to take (or have) all reasonable measures (taken) to its best ability to safeguard the protection of the personal data through technical safety measures and an appropriate safety policy. The personal data are stored by EDFI MC, or, if applicable, by the processor of the personal data. You acknowledge and accept that the transfer and storage of personal data is never without risk and consequently, EDFI MC cannot be held liable for the damages that you may suffer as a result of the unlawful use of your personal data by third parties.
12. Applicable law and competent court
12.1. You agree that all disputes between you and EDFI MC regarding personal data and privacy issues, are exclusively subject to Belgian law, excluding any conflict of law principles.
12.2. Every dispute regarding personal data and privacy issues should be submitted to the exclusive jurisdiction of the courts of Brussels, Belgium, excluding any other court.