Corporate Online Registry at Labuan FSA (COR@L): PRIVACY POLICY
STATEMENT, DISCLAIMER & TERMS
Please read the following Privacy Policy Statement, Disclaimer & Terms for this Web based COR@L before proceeding to access and use the same. While all information herein has been prepared in good faith, no representation or warranty, expressed or implied, is made and no responsibility or liability will be accepted by Labuan Financial Services Authority (“Labuan FSA”) as to the accuracy or completeness of information contained herein, which is subject to change from time to time without prior notice. Further, this website does not include any statement or opinion with regards to the laws governing Labuan IBFC, Labuan FSA or Malaysia and as such, specific legal advice should always be sought from qualified lawyers and/or professional advisers.
Labuan FSA own the copyright of this COR@L , and content of this COR@L can be viewed online or downloaded in soft or hard copies for an individual’s own reference only. Any reproduction in whole or in part of the content of this COR@L or link to any other website without the express prior written consent of Labuan FSA is strictly prohibited. By using our COR@L, you are explicitly consenting that any and all your personal data and other information provided, keyed-in by you and further collected, stored and transmitted by Labuan FSA from this COR@L may be used, processed, shared and disclosed for such purposes and to such persons in accordance with Labuan FSA’s privacy statement. Labuan FSA are committed to ensure that your Personal Data is stored securely in our databases and in our offices. In order to prevent any unauthorised access, disclosure or other similar risks, Labuan FSA endeavour, where practicable, to implement appropriate technical, physical, electronic and procedural security measures in accordance with the applicable laws and regulations and industry standard to safeguard against and prevent the unauthorised or unlawful processing of your Personal Data, and the destruction of, or accidental loss, damage to, alteration of, unauthorised disclosure of or access to the Personal Data stored in the COR@L and database. Labuan FSA will make reasonable updates to its security measures from time to time.
The Internet is not a secure medium. However, Labuan FSA will put in place various security procedures with regards to the COR@L and your electronic communications with us. All our employees, data processors, who have access to, and are associated with the processing of your Personal Data, are obliged to respect the confidentiality of your Personal Data.
Please be aware that communications over the Internet, such as emails / web-mails are not secure unless they have been encrypted. Labuan FSA cannot and do not accept responsibility for any unauthorised access or interception or loss of Personal Data that is beyond our reasonable control. Labuan FSA will not be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this COR@L. In no event will Labuan FSA be liable for damages of any kind, under any legal theory, arising out of or in connection with your use, or inability to use, the COR@L or any websites associated with it, including any direct, indirect, special, incidental, consequential or punitive damages, including but not limited to, personal injury, pain and suffering, emotional distress, loss of revenue, loss of profits, loss of business or anticipated savings, loss of use, loss of goodwill, loss of data, and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable. Links to other websites through this website is included for additional information and for your convenience only. Labuan FSA has no control over the nature, content and availability of those websites. In addition, the inclusion of these links does not necessarily imply a recommendation to that link nor do Labuan FSA endorse the views expressed on those external websites.
In any event, section 36 of the Labuan Financial Services and Authority Act 1996 shall be applicable for any potential legal proceedings or suit against Labuan FSA.
Please also note that Labuan FSA endeavour to ensure that this COR@L is available 24 hours a day, 7 days a week, throughout a calendar year. However, should this COR@L be temporarily suspended or is made unavailable for any reason or for any length of time, Labuan FSA does not accept any liability which may arise from this COR@L ’s downtime.
Corporate Online Registry at Labuan FSA:: PRIVACY STATEMENT
Labuan Financial Services Authority (“Labuan FSA”) respects your privacy and your personal data and are committed to ensuring that your privacy is protected.
This privacy statement refers to coral.labuanfsa.gov.my which shall include, without limitation, the home page and all other pages under the same domain name, and all content therein as provided by Labuan FSA.
The content of this website is protected under international copyright conventions and any reproduction of reasonable portions of this website is permitted provided that:-
• such reproductions are made available free of charge and for non-commercial purposes;
• such reproductions are properly attributed to Labuan FSA;
• the portion of content or images being reproduced is not altered or made
available in a manner that modifies the content or presents the said content in a false light; and
• due notice of the reproduction is made on the material in which the reproduced content is made available.
The permission to recopy does not allow for incorporation of any portion of the website in any work or publication, whether in hard copy, electronic or any other form or for commercial purposes.
Information Labuan FSA Collect
coral.labuanfsa.gov.my may from time to time request and collect personally identifiable information such as name, identity card number, address, phone number, e-mail address and financial information through various means, for example via a registration requirement, surveys, questions, comments and communications to and from the website. All such personal information is processed in accordance with the Malaysian Personal Data Protection Act 2010 (“the Act”).
How Labuan FSA Use Cookies
“Cookies” is information placed on an individual’s computer hard drive to enable the individual to more easily communicate and interact with a website. Labuan FSA may use cookies to customise your experience on our website. Cookies help us to monitor how many times a user has visited a particular website and identify which pages have been accessed.
A cookie does not give us access to your computer or any information about you, other than the data you choose to share with us. If you prefer you may decline any cookies from coral.labuanfsa.gov.my through the management of your web browser. This may prevent you from taking full advantage of the COR@L.
Internet Protocol Address
An internet protocol address is a number that is assigned to your computer when you use the internet. This information does not in itself contain any personally identifiable information. However your internet protocol address may be used to help identify you or more specifically your computer during a particular session and to gather broad demographic data. Please be aware that your internet protocol address may be collected to assist us in identifying problems with our server and administering the
website.
How Labuan FSA Use Your Personal Information
The security of all personal data and related information that Labuan FSA collect and store is critical and Labuan FSA use good practices to make sure that all data is stored and processed securely. Labuan FSA may use information collected on and through coral.labuanfsa.gov.my to comply with the specific purpose for which such information was collected as mentioned at the time such information was requested and subsequently provided. In certain instances, you will have an opportunity to limit the usage of the information collected or when permission to use the information is requested.
Sharing Of Your Personal Information
When using your information for the purpose for which it was collected, Labuan FSA may need to disclose it within our group of companies and to our related and/or associated companies, whether within or outside Malaysia. When this happens Labuan FSA will require such third parties with whom Labuan FSA share your information with to handle your information using the same level of care that Labuan FSA apply. Labuan FSA may use your personal information to send you promotional information about third parties which Labuan FSA think you may find interesting if you tell us that you wish this to happen.
Links To Other Websites
Please keep in mind that coral.labuanfsa.gov.my may contain links or references to other websites outside of our control. Once you have used these links to leave our website, you should note that we do not have any control over that other website. Therefore, Labuan FSA shall not be responsible for the protection and privacy of any information which you provide whilst visiting such websites and this privacy statement does not govern such websites. You are required to exercise caution and look at the
privacy statement applicable to the website in question.
Access and Correction of Your Personal Information
Labuan FSA strives to keep your personal information accurately recorded.
If you wish to access any of your personal information that Labuan FSA hold or would like to correct any errors in that information, please contact us using the contact details set out in the Contacting Us section of this statement, so that Labuan FSA can consider and respond to your request. Labuan FSA may apply an administrative charge for providing access to your personal information in response to a request. You may also use these contact details to notify us of any privacy complaint you have against us, including if you think that Labuan FSA have failed to comply with the Act.
Labuan FSA are committed to acknowledging your complaint in a prompt manner and will give you an estimated timeframe for when Labuan FSA will respond to your complaint.
Updates To This Privacy Statement
Labuan FSA reserves the right to occasionally update this privacy statement. When Labuan FSA do, Labuan FSA will revise the Last Updated date at the bottom of the privacy statement. If Labuan FSA make any material changes in the way Labuan FSA collect, use and/or share personal information that Labuan FSA collect about you, Labuan FSA will notify you by posting notice of the changes on the website. Therefore, you are encouraged to check the latest version of the privacy policy whenever you visit our website for any updates or changes.
Contacting Us
For any inquiries or complaint or to request access and/or correction of the personal data or relating to this privacy statement or otherwise relating to any use of your personal data by us, you may contact us at the following contact details.
Mailing Address:
Labuan Financial Services Authority (Labuan FSA),
Level 17, Main Office Tower,
Financial Park Complex,
87000 Federal Territory of Labuan, Malaysia.
Telephone and Facsimile
Tel : 6 087 591200
Fax : 6 087 453442
Last Updated: 9 February 2021