Privacy Policy for BricsVest
Effective Date: 10-22-2024
This Privacy Policy outlines how BricsVest ("Company", "we", "us", or "our") handles your personal information when you access, use, or interact with any of our digital products and services. These include our website, mobile platforms, cryptocurrency investment tools, user dashboards, APIs, and any affiliated applications or interfaces (collectively referred to as the "Platform"). Our commitment to data privacy and protection is built on the principles of transparency, accountability, and compliance with global and regional data protection frameworks. These include, but are not limited to, the General Data Protection Regulation (GDPR), the California Consumer Privacy Act (CCPA), Brazil's Lei Geral de Proteção de Dados (LGPD), South Africa’s Protection of Personal Information Act (PoPIA), and relevant BRICS-member regulatory mandates.
Personal Data We Collect
BricsVest collects information that allows us to identify you, communicate with you, comply with legal requirements, and deliver secure investment experiences. This includes personal identifiers such as your full legal name, residential and mailing addresses, verified email address, phone number, government-issued identification (such as passports, national ID cards, or driver’s licenses), and official tax identification numbers.
In order to satisfy Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, we request users to submit verification documents, such as utility bills, financial statements, and proof of source of funds. We collect this information during the account registration process or when updates are made to your account.
To support your investment activities on BricsVest, we collect financial information such as bank account details, cryptocurrency wallet addresses, credit/debit card information, and transaction logs. These logs reflect investment amounts, timing, currency pairs, staking behavior, and reinvestment preferences.
BricsVest also automatically collects technical data including device type, browser specifications, IP address, geographic location, access times, referral URLs, and interactions with our platform’s features. Such information helps us personalize user experiences, enhance performance, and prevent misuse.
Purposes for Collecting Your Information
BricsVest uses the data it collects for several critical functions. Your personal data enables us to authenticate account access and verify your identity in accordance with international KYC protocols. Without this, we cannot offer investment services. Additionally, this data allows us to securely process deposits, withdrawals, reinvestments, staking allocations, and trade executions.
We also use the information to communicate account updates, send important platform notifications, deliver custom reports or newsletters, and resolve support requests. On a broader level, anonymized user data may be processed for internal research to improve BricsVest’s product offerings, identify user trends, and enhance system integrity.
Our communication efforts include account security alerts, reminders, investment announcements, and compliance messages. You may receive emails or app notifications depending on your platform preferences. If you consent to marketing messages, we may also notify you about promotions, referral bonuses, or affiliate campaigns.
Our Legal Basis for Processing Your Information
We rely on a combination of lawful bases depending on the nature of our interaction with you. When you register and maintain an account with us, we process your data based on the contractual necessity to deliver services. Where BricsVest is required to comply with legal obligations, such as KYC, AML, audit reporting, and tax enforcement, we rely on legal compliance as a basis.
In scenarios where we offer optional features, collect behavioral usage data for analytics, or send non-essential communication, we process your information based on your consent. If you withdraw your consent, BricsVest will cease processing any data associated with that purpose. Finally, for purposes like fraud prevention, platform maintenance, and service improvement, we operate under the legitimate interest basis, ensuring minimal impact on your data rights.
Information Sharing and Disclosure
BricsVest maintains a strict policy of not selling your data to advertisers or any unauthorized parties. However, we may share your personal information with carefully selected third parties that are essential to our operations. These include our KYC/AML partners, digital identity verification services, payment gateways, banking correspondents, and cryptocurrency custodians.
Our data hosting and cloud infrastructure providers have been contractually obligated to ensure full compliance with international data protection and encryption protocols. We also engage third-party analytics providers who help us understand user behavior and improve system performance, but these parties receive only anonymized data wherever possible.
In situations that require legal disclosure, BricsVest may share user information with regulatory bodies, court authorities, law enforcement agencies, or financial oversight departments. These disclosures are limited to what is necessary to comply with investigations or lawful inquiries.
Global Data Storage and Transfers
As a global investment platform, BricsVest operates across multiple jurisdictions. Your data may be stored or processed in countries outside of your place of residence, including the European Union, United Arab Emirates, India, South Africa, China, Brazil, and Singapore. These jurisdictions may have different levels of data protection laws.
To maintain a high standard of protection, we ensure that all international data transfers are conducted under legal frameworks such as Standard Contractual Clauses (SCCs), Binding Corporate Rules (BCRs), or regional mutual data transfer agreements. We also perform vendor due diligence and require third parties to maintain encryption, access controls, and internal audit logs.
Your Data Rights and Access Requests
Depending on your country or region of residence, you may have several legal rights in relation to your personal data. These include the right to request access to all data we have about you, correct any inaccuracies, or request that your information be deleted from our systems.
You may also restrict how we use your data, object to specific types of processing, or request a copy of your data in a machine-readable format. In jurisdictions like the EU, Brazil, and California, you have the right to know exactly what categories of data are being collected, how they are used, and who they are shared with.
If you have given us consent for optional features (like email marketing), you may withdraw it at any time without affecting your account’s primary functionality. All such requests can be submitted through your dashboard settings or via email to our Privacy Officer.
Retention Period and Data Lifecycle Management
BricsVest retains your information only for as long as necessary to fulfill the purpose for which it was collected. This includes account administration, transactional processing, dispute resolution, compliance audits, and regulatory obligations. Typically, we retain core user data for the duration of the account’s existence and for up to 7 years after closure for legal and taxation reasons.
After that period, the data is securely anonymized and moved into archival systems or deleted using industry-standard sanitization protocols. Anonymized data may still be used for research and system analytics without compromising user privacy.
Platform Security and Infrastructure Integrity
Protecting user information is central to BricsVest’s operation. We employ multiple layers of security, starting with encryption of all data in transit and at rest using AES-256 standards. User accounts are protected with multi-factor authentication, session tokens, biometric logins (optional), and internal behavioral threat detection systems.
Sensitive data is processed and stored within hardware security modules (HSMs) and cold storage mechanisms. Our servers are monitored 24/7 for intrusion, and we conduct frequent penetration testing, source code audits, and access reviews. Staff access is restricted using role-based permissions, audit logs, and alert systems.
Use of Cookies and Tracking Technologies
BricsVest’s platform uses cookies and pixel trackers for functionality, analytics, and security. Cookies enable session management, user personalization, referral tracking, localization of settings, and fraud prevention.
You can control cookie preferences through your browser settings or by using our cookie management interface. Please note that disabling essential cookies may limit access to critical features such as secure logins, user dashboards, and investment history tools.
Children’s Data and Age Limitations
BricsVest is a financial investment platform not intended for users under the age of 18. We do not knowingly collect, process, or store data from minors. Any account detected to be in violation of this policy will be suspended and purged following verification.
Third-Party Websites and External Services
Occasionally, users may encounter links to external websites or embedded services that are not governed by BricsVest. We are not responsible for the privacy practices or data handling procedures of such third parties. We advise users to consult the respective privacy policies of those platforms before engaging with their content.
Modifications and Updates to This Privacy Policy
This Privacy Policy may be updated periodically to reflect legal, technical, or operational changes. When updates are made, we will revise the "Effective Date" and post the changes on our website. If significant changes occur, we may notify users directly through email or in-app announcements. We encourage users to review this policy regularly to stay informed about how we protect their data.
Contacting BricsVest Regarding Privacy
We welcome questions, feedback, and formal requests related to privacy. If you believe your data rights have been violated or wish to make an access request, please reach out to:
Privacy Officer — BricsVest
Karasunskaya, bld. 251 Krasnodar, Krasnodarskiy kray, Russia
Email- help@bricsintergov.org
This policy reflects our enduring commitment to protecting user data, supporting ethical finance, and fostering user trust. Your continued use of BricsVest signifies acceptance of the practices detailed above.
Version: 1.34
Last Revised: 04-09-2024
