The Bank of New York Mellon Brazil Privacy Notice
Last Updated: August 15, 2020
The Bank of New York Mellon Corporation and its affiliates (collectively referred to as "BNYM", "we", "us") take their data protection and privacy responsibilities seriously. This privacy notice explains how we collect, use and share personal information in the course of our business activities, including:
- What personal information we collect and when and why we use it
- How we share personal information within BNY Mellon and with our service providers, regulators and other third parties
- Carrying out direct marketing
- Transferring personal information globally
- How we protect and store personal information
- Legal rights available to help manage your privacy
- Exercising your legal rights
- How you can contact us for more support
We may amend this notice from time to time to keep it up to date with legal requirements and the way we operate our business. Please regularly check these pages for the latest version of this notice. If we make significant changes to this privacy notice, we will seek to inform you by notice on our website or email ("Notice of Change").
Important information about BNY Mellon:
The BNY Mellon entity responsible for your personal information will be the member of BNY Mellon that originally collects information from or about you. This will be explained in separate privacy notices made available when your personal information is first collected by that BNY Mellon entity, for example where you or the business you work for engages us to provide a service.
What Personal Information We Collect and When and Why We Use It
In this section you can find out more about:
- the types of personal information we collect
- how we use personal information
- when we collect personal information
- the legal basis for using personal information
BNY Mellon Data Subjects
BNYM collects information about you if you:
- register with or use one of our Website(s) or online services;
- are a private client;
- represent one of our institutional clients;
- work with us as a service provider; and/or
- visit a BNYM office or register to attend a BNYM event.
Personal Information We Collect
Personal Information we collect will fall within one of the below categories:
- Your name and how to contact you - Basic contact information about you, including your signature
- Identification data including unique descriptors - Government issued identifiers, other unique identifiers such as date of birth, and personal descriptors that might identify you
- Financial and Transactional - Financial information about you, transactional information and credit information, account authentication details
- Contractual details - Information collected as part of the products and services we provide to you
- Socio-Demographic - Includes details about your work or profession, nationality, education
- Technical Information - Details about your devices and technology that you use to access our services, including IP address
- Behavioural - Information about how you use our products and services
- Location Data - We receive about where you are
- Communications - Information we capture through your communications with us, e.g. telephone conversations, emails and instant messaging
- Publicly available data - Details about you that are in public records and information about you that is openly available on the internet
- Sensitive categories of data - The law and other regulations treat some types of personal information, including personal information relating to health as special and affords them additional protections. We will only collect and use these types of data if the law allows us to do so
Personal information we collect will be used for one or more of the following purposes:
Where we collect your personal information from
We will collect the personal information we use for the above purposes from one or more of the below sources:
- directly from you throughout our relationship, including when you use our products, services and websites
- from other BNY Mellon entities
- from third parties that are authorised to share your information with us, such as intermediaries, broker dealers, our institutional clients and service providers
- From publicly available sources of information
The legal basis for using your personal information
We will only collect, use and share your personal information where we are satisfied that we have an appropriate legal basis to do this. This is explained in more detail in other sections of this Privacy Notice where we indicate that we will have one or more of the following reasons for using your personal information:
- our use of your personal information is necessary to fulfil a contract we have with you or to take steps to enter into a contract with you, for example when you ask us to provide you with a product or service
- our use of your personal information is necessary to comply with a legal obligation that we have, for example where we are required to report to tax authorities
- our use of your personal information is required for regulatory reasons, for example to prevent and detect financial crime
- you have provided your consent to us using the personal information, for example if you have agreed to receive marketing communications
- our use of your personal information is in our legitimate interest as a commercial organisation to provide services to our clients, provided our use is proportionate and respects your privacy rights; where we rely on our legitimate interest, we will tell you what that interest is
Sharing Personal Information Within BNY Mellon, with Third Parties, With Our Regulators
In this section you can find out more about how we share personal information:
- within BNY Mellon
- with third parties that help us provide our products and services; and
- our regulators
We share your information in the manner and for the purposes described below:
- within BNY Mellon, where such disclosure is necessary to provide you with our services or to manage our business.
- with third parties who help manage our business and deliver services. These third parties have agreed to confidentiality restrictions and use any personal information we share with them or which they collect on our behalf solely for the purpose of providing the contracted service to us. These include IT service providers who help manage our IT and back office systems;
- with agencies, organizations and companies, both in Brazil or abroad, working with the purpose to prevent fraud, financial crimes and money laundering;
- with our regulators,
- to comply with all applicable laws, regulations and rules, and requests of law enforcement, regulatory and other governmental agencies.
- we may share in aggregate, statistical form, non-personal information regarding the visitors to our website, traffic patterns, and website usage with our business partners, affiliates or advertisers.
BNY Mellon may, in the future, sell or otherwise transfer some or all of its assets to a third party. Your personal information, technical information about your device or browser and/or other anonymous information we obtain from you via the websites may be disclosed to any potential or actual third party purchasers of such assets and/or may be among those assets transferred.
Using Cookies and Other Technologies
In this section you can find out more about:
- Types of cookies used on our websites
- Third party advertisers
- Third party sites
- Control your cookie settings
Types of cookies used on our websites
- Remember preferences that you submit as well as those generated from your usage data and your responses to polls and surveys on our websites;
- Measure your use of our websites in an effort to improve its quality and enhance your overall experience, including tracking page views, time and date of website access, and other usage data, and identifying your operating system and browser type (but not other information about your computer or the programs on it) and your general geographic location; and
- Allow you to share certain information on our websites via social media bookmarking buttons, email or on social networking sites.
The third party service providers mentioned above use any personal information they collect on our behalf solely for the purpose of providing the contracted service to us. They have also agreed to confidentiality restrictions.
We may use aggregated usage data to track trends and analyse patterns on our websites. If you register to enter an area of our websites, the website will recognize who you are and collect all information that you submit (including subscription to emails, etc.). Information collected about you from this website may be associated with other identifying information that we have about you.
Third party advertisers
Third party websites
Control your cookie settings
Most browsers are initially set to accept Cookies. However, you have the ability to change your browser settings. It may also be possible to configure your browser settings to enable acceptance of specific Cookies or to notify you each time a new Cookie is about to be stored on your device enabling you to decide whether to accept or reject the Cookie. You can also disable Cookies by configuring your browser setting to reject Cookies. Please refer to the help section of your browser for instructions on disabling Cookies. For more information about Cookies, how they work, why they are so useful and how to disable them, you can visit www.allaboutcookies.org.
If you do not wish to accept Cookies from our Website, please either disable them or refrain from using our website. If Cookies are disabled, it may mean that you experience reduced functionality or will be prevented from using all or part of our website.
Carrying Out Direct Marketing
In this section you can find out more about
- How we use personal information to keep you up to date with our products and services
- How you can manage your marketing preferences
How we use personal information to keep you up to date with our products and services
We may use personal information to let you know about BNY Mellon products and services that we believe will be of interest to you. We may contact you by email, post, or telephone or through other communication channels that we think you may find helpful. In all cases, we will respect your preferences for how you would like us to manage marketing activity with you.
How you can manage your marketing preferences
To protect your privacy rights and ensure you have control over how we manage marketing with you:
- we will take steps to limit direct marketing to a reasonable and proportionate level and only send you communications which we believe may be of interest or relevance to you;
- you can ask us to stop direct marketing at any time. You can ask us to stop sending email marketing by following the 'unsubscribe' link you will find on the email marketing messages we send you. Alternatively, you can contact us. Please specify whether you would like us to stop all forms of marketing or just a particular type (e.g. email); and
- you can change the way your browser manages cookies, which may be used to deliver online advertising, by following the settings on your browser as explained above. We recommend you routinely review the privacy notices and preference settings that are available to you on social media platforms, as well as your preferences within your BNY Mellon account.
Transferring Personal Information Globally
In this section you can find out more about:
- How we operate as a global business and transfer data internationally
- The arrangements we have in place to protect your personal information if we transfer it overseas
BNY Mellon operates on a global basis. Accordingly, your personal information may be transferred and stored in countries outside of Brazil, including the United States, the European Union (EU) and India that are subject to different standards of data protection. BNY Mellon will take appropriate steps to ensure that transfers of personal information are in accordance with applicable law and carefully managed to protect your privacy rights and interests, and that transfers are limited to countries which are recognized as providing an adequate level of legal protection or where we can be satisfied that alternative arrangements are in place to protect your privacy rights. To this end:
- transfers within BNY Mellon will be covered by an agreement entered into by members of BNY Mellon (an intra-group agreement) which contractually obliges each member to ensure that personal information receives an adequate and consistent level of protection wherever it is transferred within BNY Mellon;
- where we transfer your personal information outside BNY Mellon, or to third parties who help provide our products and services, we obtain contractual commitments from them to protect your personal information; or
- where we receive requests for information from law enforcement or regulators, we carefully validate these requests before personal information is disclosed.
How We Protect and Store Your Information
We have implemented and maintain a comprehensive information security program with written policies and procedures designed to protect the confidentiality and integrity of personal information. The information security program contains administrative, technical and physical safeguards, appropriate to the type of information concerned, designed to: (i) maintain the security and confidentiality of such information; (ii) protect against any anticipated threats or hazards to the security or integrity of such information; (iii) protect against unauthorized access to or use of such information that could result in substantial harm, and (iv) ensure appropriate disposal of such information. The security of your personal information also depends in part on the security of the devices you use to communicate with us, the security you use to protect user IDs and passwords, and the security provided by your internet service providers.
Storing your personal information
We will store your personal information for as long as is reasonably necessary for the purposes for which it was collected, as explained in this notice. In some circumstances we may store your personal information for longer periods of time, for instance where we are required to do so in accordance with legal, regulatory, tax, accounting, or necessary technical requirements.
In specific circumstances we may store your personal information for longer periods of time so that we have an accurate record of your dealings with us in the event of any complaints or challenges, or if we reasonably believe there is a prospect of litigation relating to your personal information or dealings.
Legal Rights Available to Help Manage Your Privacy
Subject to certain exemptions, and in some cases dependent upon the processing activity we are undertaking, you have certain rights in relation to your personal information. Click on the links below to learn more about each right you may have:
- To confirm that we are processing your personal information
- To information on the shared use of personal information
- To access personal information
- To rectify / erase personal information
- To restrict/block or anonymize the processing of your personal information
- To transfer your personal information
- To withdraw consent to the processing of your personal information
- To review automated processing of your personal information
We may ask you for additional information to confirm your identity and for security purposes, before disclosing the personal information requested to you.
Subject to legal and other permissible considerations, we will use reasonable efforts to honour your request promptly or inform you if we require further information in order to fulfil your request.
We may not always be able to fully address your request, for example if it would impact the duty of confidentiality we owe to others, or if we are legally entitled to deal with the request in a different way.
Right to confirm processing
Right to information on the shared use of personal information
Right to access personal information
You have a right to request that we provide you with a copy of your personal information that we hold and you have the right to be informed of: (a) the source of your personal information; (b) the purposes, legal basis and methods of processing; (c) the data controller’s identity; and (d) the entities or categories of entities to whom your personal information may be transferred.
Right to rectify or erase personal information
You have a right to request that we rectify inaccurate personal information. We may seek to verify the accuracy of the personal information before rectifying it. You can also request that we erase your personal information in limited circumstances where:
- it is no longer needed for the purposes for which it was collected; or
- you have withdrawn your consent (where the data processing was based on consent); or
- it has been processed unlawfully; or
- to comply with a legal obligation to which BNY Mellon is subject. We are not required to comply with your request to erase personal information if the processing of your personal information is necessary:
- for compliance with a legal obligation; or
- for the establishment, exercise or defense of legal claims.
Right to restrict/block or anonymize restrict the processing of your personal information
You can ask us to restrict/block or anonymize your personal information, but only where:
- the personal information processed is unnecessary or excessive; or
- the personal information is being processed unlawfully We can continue to use your personal information following a request for restriction:
- where we have your consent; or
- to establish, exercise or defend legal claims
Right to transfer your personal information
You can ask us to provide your personal information to you in a structured, commonly used, machine-readable format, or you can ask to have it transferred directly to another data controller. This right does not apply to personal information that has already been anonymized by the data controller.
Right to withdraw consent to the processing of your personal information
You can withdraw your consent any time after you’ve given it to us by contacting our Global Privacy Officer, provided there are no legal or contractual requirements to prevent this and you have provided us with reasonable notice. If you do not consent to certain uses of information or if you withdraw your consent, we may not be able to provide a particular service. If so, we’ll explain the situation to you to help you with your decision.
Right to review automated decision making of your personal information
Data Subjects have the right to review any decisions made using the automated processing of their personal information, if these decisions are intended to define their personal, professional, consumer or credit profile.
Exercising Your Legal Rights
You can exercise your rights by submitting a request on our Individual Rights portal, found here. Subject to legal and other permissible considerations, we will use reasonable efforts to honour your request promptly or inform you if we require further information in order to fulfil your request.
We may not always be able to fully address your request, for example if it would impact the duty of confidentiality we owe to others, or it we are legally entitled to deal with the request in a different way.
The primary point of contact for all issues arising from this privacy notice, is our Global Privacy Officer. The Global Privacy Officer can be contacted in the following ways:
By email: email@example.com
If you have any questions, concerns or complaints regarding our compliance with this notice and the data protection laws, or if you wish to exercise your rights, we encourage you to first contact our Global Privacy Officer. We will investigate and attempt to resolve complaints and disputes and will make every reasonable effort to honour your wish to exercise your rights as quickly as possible and in any event, within the timescales provided by data protection laws.