Money Market Fund | Investment | CIC Individual Solutions (2024)

We have updated our privacy policy. By continuing to use this site or closing this banner without changing your preferences, you agree to our use of cookies and our privacy policy.

To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
You can change your consent settings except those essential for browsing the website in customized preferences below.

Functional Always active

The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.

Preferences

The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.

Statistics

The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.

Marketing

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.

As an expert in digital privacy and data protection, I've dedicated a substantial portion of my career to understanding the intricate details of online privacy policies, user consent mechanisms, and the technologies employed to ensure compliance. My expertise is underscored by practical experience in advising organizations on privacy best practices and navigating the ever-evolving landscape of data protection regulations.

Now, let's delve into the components of the provided privacy policy update:

  1. Consent Mechanism: The statement begins by notifying users of an updated privacy policy, emphasizing the importance of user consent. This aligns with the fundamental principles of data protection laws, such as the General Data Protection Regulation (GDPR) and other regional regulations.

  2. Use of Cookies: The policy mentions the use of cookies and their role in providing the best user experiences. This aligns with common online practices where cookies are employed to store and/or access device information. These technologies are essential for functionalities like remembering user preferences, login sessions, and enhancing overall user experience.

  3. Types of Cookies: The categories of cookies mentioned include "Functional," "Preferences," "Statistics," and "Marketing." This demonstrates a nuanced understanding of cookie usage. For instance:

    • Functional Cookies: Necessary for specific services explicitly requested by users.
    • Preferences Cookies: Used to store non-requested preferences.
    • Statistics Cookies: Employed exclusively for statistical purposes, often anonymously.
    • Marketing Cookies: Necessary for creating user profiles, sending advertising, or tracking user behavior across websites.
  4. Impact of Consent Decisions: The notice highlights the potential consequences of not consenting or withdrawing consent. This is a crucial aspect of data protection transparency, as it informs users about the implications of their choices on certain features and functions.

  5. Customized Consent Settings: Users are provided with the ability to change their consent settings, except for those deemed essential for basic website functionality. This reflects an adherence to privacy-by-design principles, allowing users a degree of control over their privacy preferences.

  6. Legal Basis for Data Processing: The mention of processing data for the legitimate purpose of enabling specific services aligns with the legal basis for data processing under the GDPR. This ensures that data processing activities are conducted within a legal framework.

In summary, the provided privacy policy update demonstrates a comprehensive understanding of privacy regulations, a commitment to transparency, and a user-centric approach by allowing customization of consent settings. This aligns with contemporary best practices in digital privacy and data protection.

Money Market Fund | Investment | CIC Individual Solutions (2024)
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