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privacy policy statement

The independent non-profit organisation FRS Financial Risk and Stability gGmbH is pleased that you are visiting the sites of financial-stability.org and that you are interested in our organisation. We take the protection of your personal data very seriously and adhere strictly to the provisions of current data privacy laws.

1. Name and contact details of the provider of the internet sites addresses financial-stability.org and frsn.de

FRS Financial Risk and Stability gGmbH (hereafter: FRS Oganisation)
Address:  Willmanndamm 17, 10827 Berlin, Germany

Commercial register:
Amtsgericht Berlin-Charlottenburg – HRB 193343 B

VAT-ID-Number: DE316038798

Director (Geschäftsführer):
Martin Aehling

The organisation keeps logo and naming of the predecessor initiative Financial Risk and Stability Network.

email: info[at]financial-stability[dot]org
phone: +49 (0)30 – 2199 7618

2. Acquisition and storage of personal data and nature and purpose of their use

a) When you visit the website

When you open websites of financial-stability.org, the browser used on your terminal will automatically send information to our website server. This information is stored temporarily in a log file. The following information is stored without your assistance and kept until automatic deletion:

  • IP address of the inquiring computer
  • Date and time of access
  • Name and URL of the retrieved file
  • Browser used and, if applicable, your computer’s operating system and the name of your access provider

The purposes for which the provider processes the data mentioned are the following:

  • Ensure trouble-free website connection build-up
  • Ensure comfortable use of our website
  • Evaluate the safety and stability of the system
  • Other administrative purposes

The legal basis for the data processing is Art. 6 (1) Sentence 1 f) EU General Data Protection Regulation (GDPR). Our legitimate interest results from the purposes of data collection itemised above. Under no circumstances will we use the data collected for the purpose of drawing conclusions about any person.

In addition to this, we may use cookies and analysis services when users visit our website. More detailed information is provided at sections 4 and 5 of this privacy policy statement. Cookies are used and personal data processed:

a) When you submit a comment on posted content of the sites.

b) When you register for the newsletter and receiving further information.

If you have given your consent, we will use your email address to send you our newsletter and further information about activities of FRS Organisation on a regular basis. The specification of email address, first name, last name and city is sufficient to receive the newsletter. You can unsubscribe at any time, e.g. by using a link provided at the end of each newsletter. Alternatively, you may at any time email to us your deregistration request / delisting information via info[at]financial-stability[dot]org.

Your personal data are used and processed:

c) When you register for events via email.

We will use your email address to invite you to FRS Organisation events, if you have given consent hereto and/or not disagree being invited/informed on events we are organising. You can send us any time a delisting information via info[at]financial-stability[dot]org and we will remove you from the database.

3. Transmission of data

Your personal data will not be transmitted to any third party, unless:

  • you have given your explicit consent to this in accordance with Art. 6 (1) Sentence 1 a) GDPR;
  • transmission is necessary, pursuant to Art. 6 (1) Sentence 1 f) GDPR, to establish, exercise or defend legal claims, and provided there is no reason to assume that you have an overriding legitimate interest in not having your data transmitted;
  • there is a legal obligation, as specified in Art. 6 (1) Sentence 1 c) GDPR, to transmit data; and
  • this is legally permissible and, pursuant to Art. 6 (1) Sentence 1 b) GDPR, necessary for the performance of a contract concluded with you.
4. Cookies

We may use cookies on financial-stability.org sites. Cookies are small files which your browser creates automatically and which are stored on your technical device (pc, laptop, tablet, smartphone) when you visit our website. Cookies do not do any harm to your device and do not contain viruses, trojans or other malicious software.

Cookies are used to make the use of website offerings more comfortable. For instance, we may use so-called session cookies to detect that you have already visited individual pages of our website before. They will be deleted automatically when you exit our website.

Cookies are used when you sign-up to our newsletter and when you submit a comment on posted content.

In addition to this, for the purpose of optimising user-friendliness, we may use temporary cookies. They are stored on your device for a defined period of time. When you visit our website again during that time, your device will be detected as having visited our website before. Same goes for any former entries and settings, so you do not have to make them again.

Further, we may use cookies to statistically register the use of our website and to analyse that use for the purpose of optimising our offering for you. These cookies enable us to automatically detect upon your next visit that you have already visited our website. These cookies will be deleted automatically after a period of time defined for each of them.

The data processed by means of cookies are necessary for the purposes mentioned to protect our legitimate interests and those of third parties pursuant to Art. 6 (1) Sentence 1 f) GDPR.

Most browsers will accept cookies automatically. You can, however, make settings in your browser to prevent the storage of cookies on your computer or to display a message each time when a new cookie is to be created. A complete deactivation of cookies may lead to the fact, that you will not be able to use all the functions (sign-up to the newsletter, posting comments) of the website.

5. Analysis tools 

Analysis tools used are taken on the basis of Art. 6 (1) Sentence 1 f) GDPR. The purpose of the tools used is to ensure a need-based design and the continuous optimisation of our website. We may use those measures to statistically register the use of our website and to analyse that use for the purpose of optimising our offering for you. These interests are to be considered legitimate within the meaning of the abovementioned regulation.

The respective purposes of data processing and categories of data are provided in the respective tracking tools.

6. Rights of data subjects

You have the following rights:

  • pursuant to Art. 15 GDPR, to request information about your personal data that we process. In particular, you can request information about the purposes of the processing, the categories of the personal data, the categories of recipients to whom your data have been or will be disclosed, the envisaged period of storage, the existence of the right to request rectification, erasure, restriction of processing or to object, the existence of the right to lodge a complaint, the sources of your data if they were not collected by us and the existence of automated decision-making, including profiling, and meaningful details about such decision-making.
  • pursuant to Art. 16 GDPR, to request that your personal data we have stored be rectified if they are inaccurate or be completed.
  • pursuant to Art. 17 GDPR, to request that your personal data we have stored be erased, unless their processing is necessary to exercise the right of freedom of expression and information, to comply with a legal obligation, for reasons of public interest or to establish, exercise or defend legal claims.
  • pursuant to Art. 18 GDPR, to request restriction of the processing of your personal data if you contest the accuracy of the data, if their processing is unlawful but you oppose their erasure, if we no longer need the data but you require them for the establishment, exercise or defence of legal claims or if you have objected to processing in accordance with Art. 21 GDPR.
  • pursuant to Art. 20 GDPR, to receive your personal data, which you have provided to us, in a structured, commonly used and machine-readable format or to request transmission to another controller.
  • pursuant to Art. 7 (3) GDPR, to withdraw at any time any consent you have given us. The consequence of such withdrawal is that, in the future, we may not continue with the data processing for which the consent was given.
  • pursuant to Art. 77 GDPR, to lodge a complaint with a supervisory authority. You may usually address your complaint to the supervisory authority competent for your usual place of residence, your place of employment or our registered office.
7. Right to object

Where your personal data are processed on the basis of a legitimate interest in accordance with Art. 6 (1) Sentence 1 f) GDPR, you have the right according to Art. 21 GDPR to object to the processing of your personal data if your objection is based on reasons relating to your particular situation or is raised against direct marketing. In the latter case, you have a general right to object which we will respect without you having to specify a particular situation.

To exercise your right of withdrawal or objection, it is sufficient to send an email to info[at]financial-stability[dot]org.

Date of the privacy policy statement: 8 June 2018