Data Protection & Privacy Commitment
At Gap 3 Partners FZCO (“G3P”), we are committed to protecting the privacy and personal data of our clients, partners, and stakeholders. As a Virtual Asset Service Provider (VASP) licensed by the Dubai Virtual Assets Regulatory Authority (VARA), we process personal data in accordance with the UAE Federal Personal Data Protection Law (PDPL) and other applicable regional and international data protection regulations.This Privacy Policy outlines how we collect, use, store, and safeguard your personal data when engaging with our services.
This Privacy Policy outlines how we collect, use, store, and safeguard your personal data when engaging with our services.
What Is Personal Data?
“Personal Data” refers to any information relating to an identified or identifiable natural person, including (but not limited to) names, identification numbers, location data, online identifiers, orfactors related to physical, economic, or social identity.
When and Why We Process Your Personal Data
We process your personal data only:
- With your explicit consent;
- When necessary to perform a contract or respond to your request prior to a contract;
- To comply with legal or regulatory obligations (including obligations under VARA);
- To protect vital interests of you or another person;
- When processing is in the public interest or aligned with VARA directives.
We ensure that all processing is done lawfully, fairly, and transparently, for specific andlegitimate purposes only.
Our Principles
Gap 3 Partners FZCO ensures:
- Personal Data is accurate, limited, and relevant;
- Information is kept up to date and corrected where necessary;
- All data is stored securely and protected from unauthorized access, loss, or damage;
- Privacy settings on our online platforms require user action and are never pre-set tocollect personal data by default.
Your Rights
You have the right to:
- Know whether your personal data is being processed;
- Request access to the data we hold about you;
- Request corrections or updates to your personal data;
- Receive a copy of your data in electronic format, free of charge;
- Object to or restrict certain types of data processing, where legally applicable.
Data Protection Officer (DPO)
Gap 3 Partners FZCO has appointed a Data Protection Officer (DPO) to oversee datacompliance and serve as the point of contact with VARA and other authorities. The DPO advises on data protection practices, conducts staff training, and monitors compliance.
For any questions or concerns about your personal data, you may contact our DPO at:
privacy@g3p.uoWorking with Third Parties
All third parties (contractors, service providers, etc.) acting on behalf of G3P are subject to strict data protection obligations. We conduct due diligence and include contractual clauses to ensurealignment with our privacy standards.
Breach Notification
In the event of a personal data breach:
- We will notify VARA and other relevant authorities without delay;
- We will inform you (if affected), outlining the breach, likely impact, and mitigation measures;
- We will cooperate fully with any investigation by VARA.
Updates to This Policy
We may update this policy from time to time to reflect changes in legal or operational requirements. Updates will be posted on our website and communicated where necessary.