General
Permian is a group of companies located in Norway and Sweden, providing fund administration-, accounting-, depositary- and corporate services.
The information contained in this privacy notice is aimed at individuals who are the contact person of any of Permian’s clients, for those who seek work with Permian or otherwise individuals contacting Permian and thus share personal information with Permian. Any capitalised letters shall be understood as defined in this privacy notice.
The “owner” of the personal data, the company to which a person has submitted such information (the data controller), may be Permian or a client of Permian. In the latter case, Permian will act in the role as data processor. We will handle personal data in accordance with an agreement with the data controller.
Personal Data
Permian may collect personal data from many sources, both public and private. The information may be used by Permian to enhance our service offerings, and otherwise to communicate with our clients and network and to transmit newsletters. Over time, Permian also create personal data by documenting our interactions with you, from updating your accounts etc. The term personal data typically includes:
Permian will normally not hold information which is considered sensitive personal data. This includes information on racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, genetic data, biometric data, data concerning health or data concerning a natural person’s sex life or sexual orientation.
Permian will only disclose personal data to third parties if it is i) specifically agreed between Permian and the relevant individual, ii) necessary within the scope of a specific engagement agreement to safeguard individuals’ rights, iii) necessary for Permian to comply with a legal obligation or decision from a public body/authority or court decision or iv) following signed non-disclosure agreements, to third parties conducting a due diligence process on Permian. Permian is obliged to report suspicions of money-laundering to public authorities (No. Økokrim / Sw. Finanspolisen).
Permian will only store personal data for as long as it is necessary to fulfil a legitimate purpose for which Permian collected it, or as necessary for fulfilling any statutory retention period according to for example anti-money laundering-, bookkeeping- or accountancy legislation. After any statutory retention period, Permian will either delete or destroy the relevant personal data permanently or irreversibly anonymise this information.
Handling personal data – data processing
Permian will primarily process your personal data within the EU/EEA. If Permian engages third-party service providers domiciled outside the EU/EEA, Permian will act with due diligence to ensure that your personal data is processed in a manner that ensures security and confidentiality. Should in our opinion this not be possible, Permian will not share your personal data without your consent.
If Permian holds any of your personal data, you:
If you are dissatisfied with Permian’s processing of your personal data you may file a complaint with the Data Supervisory Authority of the country where you live or work, or with those regulating any of Permian’s entities.
Legitimate purpose
Permian is required by law to control the identity of its clients and their ultimate beneficial owners, and from time to time their source of wealth and other related information. This is an example of a legitimate purpose of which there are several.
There are a number of legitimate purposes in the operation of Permian’s business:
Please note that Permian does not require your consent to process your personal data when there is a legitimate purpose.
Job applications
If you apply for a job position in Permian, the information you submit will not be shared with any third parties. Access to the information will be restricted to Permian employees involved in the recruitment process. If you are not hired, Permian will delete all personal data.
Other issues
For the purposes of this privacy notice the following are Norwegian legal entities: Permian AS (org.nr. 892176132), Permian Business Partners AS (org.nr. 999226094), Permian Fund Services AS (org.nr. 916467079) and AIF Depository AS (org.nr. 997318250). Permian Administration AB (org.nr. 556872-5666) and AIFD Sweden Filial (org.nr. 516411-4836) are domiciled in Sweden.
When communicating with Permian, you are responsible for ensuring that the Personal Data you send is sent securely.
Any questions relating to this privacy notice or requests in respect of information which may identify you as an individual (personal data) processed by Permian should be directed to permian@permian.no. Permian reserves the right to modify or amend this document at any time and an updated version of it will be placed on our website www.permian.no.