Privacy Policy
Overview
This Privacy Notice outlines how Iqoniq Ventures (“we”, “our”, or “us”) collects, uses, stores, and shares your personal data. It applies to anyone whose personal information is shared with or collected by us, including website visitors, clients, partners, employees, and job applicants.
We are committed to protecting your privacy and ensuring that your personal data is handled in accordance with the ADGM Data Protection Regulations 2021 (“Applicable Data Protection Law”). This Notice explains what personal data we collect, how and why we process it, with whom it may be shared, and what rights you have in relation to your data.
Who We Are
Iqoniq Ventures is a global boutique consulting and advisory firm operating in sectors such as management consulting, hospitality, innovation, blockchain, and marketing. We typically act as a data controller, determining how and why your personal data is processed. In some cases, we may engage third-party service providers to process your data on our behalf (as data processors).
Scope of this Notice
This Notice applies to:
- Job applicants and prospective employees
- Our clients and their representatives
- Business partners, vendors, and suppliers
- Consultants, advisors, and secondees
- Visitors to our website or digital platforms
- Any individual interacting with Iqoniq Ventures in a professional or contractual capacity
Data Protection Principles
We process personal data in line with the following principles:
- Lawfulness, fairness, and transparency
- Purpose limitation
- Data minimization
- Accuracy
- Storage limitation
- Integrity and confidentiality
How We Collect Your Personal Data
We may collect your personal data through various channels, including:
- Direct interactions (in meetings, calls, or emails)
- Online interactions (through our website, contact forms, cookies)
- Application and onboarding forms
- Background checks and publicly available sources
- Third-party service providers or partners
Types of Personal Data We Collect and Why
Data Type | Purpose of Processing |
Name, contact details, ID info, address | Contract execution, legal compliance, communication efficiency |
National ID, visa, tax details, passport | Employment, onboarding, regulatory compliance |
Financial data (e.g. income, bank details) | Client onboarding, regulatory checks, service delivery |
Personal circumstances, interests, education/employment history | Recruitment, service personalization |
Biometric and sensitive data (only when necessary) | Legal obligations, pre-employment assessments, AML/KYC compliance |
We only collect what is necessary, and we retain data for the duration required by law or to fulfill the purpose it was collected for.
Special Categories of Personal Data
In limited situations, we may process sensitive data (such as health, ethnicity, or biometric data) where:
- You provide explicit consent
- It is required for legal or regulatory compliance
- It is necessary to protect your or another’s vital interests
- You have made the data publicly available
We apply additional safeguards for such data in accordance with ADGM Data Protection Regulations.
Sharing and Transfers of Personal Data
We may share your personal data with:
- Regulatory bodies, authorities, or legal entities when required
- Third-party service providers (such as screening agencies, IT partners)
- Affiliates or consultants involved in delivering our services
- Legal, tax, or compliance consultants assisting in due diligence or audits
In case of international data transfers, we ensure appropriate safeguards such as standard contractual clauses, or confirm if the receiving country is recognized as having adequate data protection laws.
Data Retention
We retain your personal data:
- As long as necessary to fulfill the purpose it was collected for
- As required by law for regulatory or compliance reasons
- To respond to audits, investigations, or legal proceedings
Unsuccessful job applications, for example, are typically retained for
Your Data Protection Rights
Under the Applicable Data Protection Law, you have the right to:
- Access your personal data
- Correct inaccurate or incomplete data
- Request erasure of data when no longer needed
- Restrict processing under certain conditions
- Object to processing for direct marketing
- Request data portability
- Object to automated processing or profiling
To exercise any of these rights, or if you have concerns, you may contact us (see “Contact Us” section below).
Consent
In general, we do not rely on consent as the legal basis for processing your data. However, where consent is required, we will explain the purpose clearly and give you the option to withdraw it at any time without consequence.
Your Responsibilities
Please inform us promptly if your personal details change or if you believe that data we hold about you is inaccurate or incomplete.
Do You Have to Provide Your Data?
In many cases, providing personal data is a legal or contractual requirement. If you do not provide the required data, we may be unable to proceed with employment, onboarding, or service delivery.
Data Security
We take appropriate technical, administrative, and physical safeguards to protect your personal information against loss, unauthorized access, or misuse.
Contact Us
If you have questions about this Privacy Notice, or would like to make a data-related request, please contact our Data Protection Representative:
Email: support@iqoniqventures.com
Address: #M07, Al Tawhidi Building II, Mankhool Road, PO Box 115340, Dubai, UAE