Privacy Policy

Protection of personal and financial information is treated as a core obligation within Montoro Private Bank. All data processing activities are conducted with strict adherence to applicable legal frameworks, ensuring confidentiality, integrity, and transparency across every client interaction. This Privacy Policy defines the principles governing the collection, use, storage, and protection of personal data in connection with the services provided by Montoro Private Bank, acting in its capacity as Data Controller. Montoro Private Bank Via Giuseppe Mengoni, 4, 20121 Milano MI, Italy Phone: +39 33 9995 7689 Email: privacy@maroon-eel-403522.hostingersite.com Working Hours: Monday–Friday, 8:30 AM – 4:30 PM

Legal and Regulatory Framework

All personal data is processed in accordance with the requirements of the General Data Protection Regulation (EU) 2016/679 (GDPR), alongside applicable Italian data protection laws and financial regulatory obligations. Processing activities are supported by lawful bases including contractual necessity, compliance with legal obligations, and legitimate business interests.

Categories of Data Collected

Information collected may include personal identification details, contact information, financial records, transactional data, and any additional documentation required to fulfill regulatory obligations such as anti-money laundering (AML) and know-your-customer (KYC) requirements. Data may be obtained directly from clients or through authorized third-party sources.

Purpose of Data Processing

Personal data is processed to establish and manage client relationships, execute financial transactions, provide banking and advisory services, and ensure compliance with applicable legal and regulatory requirements. Processing also supports risk management, fraud prevention, and the ongoing enhancement of service delivery.

Data Sharing and Disclosure

Information may be shared with authorized third parties where necessary to deliver services or comply with legal obligations. Such parties may include regulatory authorities, financial institutions, payment service providers, correspondent banks, and professional advisors. All disclosures are conducted under strict confidentiality and in accordance with applicable laws.

International Data Transfers

Where services involve cross-border activity, personal data may be transferred to jurisdictions outside the European Economic Area. In such cases, appropriate safeguards are implemented, including reliance on adequacy decisions, standard contractual clauses, or other legally recognized transfer mechanisms.

Data Security Measures

Comprehensive technical and organizational measures are implemented to protect personal data against unauthorized access, loss, or misuse. These include encryption protocols, secure system architecture, access controls, and continuous monitoring to maintain the integrity and confidentiality of information.

Data Retention

Personal data is retained only for as long as necessary to fulfill contractual, legal, and regulatory obligations. Retention periods are determined based on applicable laws and operational requirements, after which data is securely deleted or anonymized.

Client Rights

Clients are entitled to exercise rights under applicable data protection laws, including the right to access personal data, request correction or deletion, restrict processing, object to certain uses, and request data portability where applicable. Clients also have the right to lodge a complaint with a relevant supervisory authority.

Data Protection Contact

Requests or inquiries relating to data protection and privacy may be directed to Montoro Private Bank through official communication channels. All requests are handled in accordance with applicable regulatory requirements and within prescribed response timelines.

Policy Updates

This Privacy Policy may be updated periodically to reflect changes in legal, regulatory, or operational requirements. The most current version will be made available through official bank communication channels.