Privacy Policy

1. Introduction

AlphaEX s.r.o, with offices at Primátorská 296/38, Prague, 180 00, Czech Republic, offers a mobile application named Clapp through its website https://clapp.finance/. AlphaEX is committed to protecting the privacy and security of the personal information of individuals wishing to engage with the Clapp application.

The collection and handling of personal data are conducted in compliance with AlphaEX's own AML and KYC policies and adhere to this Privacy Policy, which is established in accordance with GDPR regulations.

Under GDPR, users who provide their information acknowledge and consent to its collection and processing for purposes such as preventing money laundering. Users also have the right to know who handles their data processing.

All data collected through the Clapp application, whether on paper, in a digital database, or on any other medium, is subject to this policy and protected under applicable laws and GDPR guidelines for data control and processing.

2. Data Protection Officer

Within this policy, AlphaEX s.r.o's management and employees form the Data Protection Officer team as per GDPR stipulations, determining the purposes for processing personal data. They collaborate with regulatory bodies to ensure compliance with state laws, proper use, and information disclosure.

The Data Protection Officer and AlphaEX s.r.o commit to the following under GDPR:

  • Implement appropriate measures for GDPR compliance.
  • Ensure necessary security measures protect data subjects' rights during collection and processing.
  • Conduct data protection impact assessments for high-risk processing activities.
  • Design privacy by default into services.
  • Notify relevant parties in case of a valid data breach.

3. Disclosure

AlphaEX may share user data with state authorities and other regulatory bodies when mandated by law or under the AML policy.

Users of Clapp will usually be informed of how and with whom their data is shared.

All users must agree to this policy and consent to their data being used as outlined in this policy and AML policy, regarding data analysis and disclosure.

Certain conditions allow AlphaEX to disclose data, including sensitive information, without user consent, such as:

  • Fulfilling a legal obligation or as authorized by relevant legal authorities.
  • Protecting vital interests of any involved party, including users.
  • Information made public by third parties.
  • Legal proceedings, securing legal advice, or defending legal rights.
  • Reporting to state authorities under the AML policy to prevent money laundering.

Users have the right to request the Data Protection Officer to erase their personal data without undue delay for reasons including:

  • The data is no longer needed for its collected purpose.
  • Withdrawal of consent by the user (understanding that the withdrawal permits AlphaEX to cease all collaboration with the user).
  • Unlawful processing of data.
  • Need to erase data for compliance with European Union or Member State laws applicable to the Data Protection Officer.

For any inquiries or questions regarding this policy, please contact the AlphaEX Data Protection Officer at [email protected].