Legal

Privacy Policy

Last updated: February 19, 2026

1. Introduction

Velricon ("we", "our", or "us"), registered and operating in Cyprus, is committed to protecting the privacy of individuals who visit our website and use our services. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data when you visit our website at velricon.com or engage with our financial advisory services.

We process personal data in accordance with the General Data Protection Regulation (EU) 2016/679 ("GDPR"), the Cyprus Processing of Personal Data (Protection of the Individual) Law of 2018 (Law 125(I)/2018), and other applicable data protection legislation.

2. Data Controller

The data controller responsible for your personal data is:

Velricon
57 Spyrou Kyprianou Avenue, Bybloserve Business Center
Larnaca 6051, Cyprus
Email: info@velricon.com

3. Information We Collect

We may collect the following categories of personal data:

  • Contact Information: Name, email address, phone number, and company name when you submit our contact form or communicate with us directly.
  • Technical Data: IP address, browser type and version, time zone setting, browser plug-in types and versions, operating system, and platform when you visit our website.
  • Usage Data: Information about how you use our website, including pages visited, time spent on pages, navigation paths, and referral sources.
  • Communication Data: Records and content of communications you send to us, including via email and our website contact form.
  • Professional Data: Business and financial information you voluntarily provide in connection with our advisory services engagement.

4. How We Use Your Information

We use personal data for the following purposes:

  • To respond to your enquiries and provide information about our services.
  • To deliver and manage financial advisory services you have engaged us for.
  • To maintain and improve our website functionality and user experience.
  • To analyse website traffic and usage patterns to improve our content and services.
  • To comply with legal obligations and regulatory requirements applicable in Cyprus and the European Union.
  • To protect our rights, property, or safety, and that of our clients and website visitors.

5. Legal Basis for Processing

Under GDPR, we process personal data based on the following legal grounds:

  • Consent: Where you have given clear consent for us to process your personal data for a specific purpose.
  • Contractual Necessity: Where processing is necessary for the performance of a contract with you or to take steps at your request before entering into a contract.
  • Legitimate Interests: Where processing is necessary for our legitimate interests, such as improving our services and website, provided these interests are not overridden by your rights.
  • Legal Obligation: Where processing is necessary for compliance with a legal obligation to which we are subject.

6. Data Sharing and Disclosure

We do not sell, trade, or rent your personal data to third parties. We may share your data with:

  • Service Providers: Trusted third-party providers who assist us in operating our website, conducting business activities, or providing services to you, subject to confidentiality agreements.
  • Legal Requirements: When required by law, regulation, legal process, or governmental request.
  • Professional Advisors: Lawyers, auditors, and other professional advisors where necessary for the provision of our services or compliance with legal obligations.

7. International Data Transfers

Your personal data may be transferred to and processed in countries outside the European Economic Area (EEA). Where such transfers occur, we ensure appropriate safeguards are in place, including Standard Contractual Clauses approved by the European Commission, to protect your data in accordance with GDPR requirements.

8. Data Security

We implement appropriate technical and organisational measures to protect your personal data against unauthorised access, alteration, disclosure, or destruction. These measures include encryption of data in transit, secure hosting infrastructure, and access controls. However, no method of transmission over the Internet is 100% secure, and we cannot guarantee absolute security.

9. Data Retention

We retain personal data only for as long as necessary to fulfil the purposes for which it was collected, including to satisfy any legal, accounting, or reporting requirements. Contact form submissions are retained for a reasonable period to manage our relationship with you. Client engagement data is retained in accordance with professional and regulatory obligations.

10. Your Rights

Under GDPR and applicable Cyprus data protection law, you have the following rights:

  • Right of Access: Request a copy of the personal data we hold about you.
  • Right to Rectification: Request correction of inaccurate or incomplete data.
  • Right to Erasure: Request deletion of your personal data, subject to legal obligations.
  • Right to Restrict Processing: Request limitation of processing of your data.
  • Right to Data Portability: Receive your data in a structured, commonly used, machine-readable format.
  • Right to Object: Object to processing based on legitimate interests or for direct marketing purposes.
  • Right to Withdraw Consent: Withdraw consent at any time where processing is based on consent.

To exercise any of these rights, please contact us at info@velricon.com. We will respond within 30 days.

11. Complaints

If you are not satisfied with how we handle your personal data, you have the right to lodge a complaint with the Office of the Commissioner for Personal Data Protection in Cyprus (www.dataprotection.gov.cy) or the supervisory authority of your country of residence.

12. Changes to This Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or applicable laws. Any changes will be posted on this page with an updated revision date. We encourage you to review this policy periodically.

13. Contact Us

If you have any questions about this Privacy Policy or our data practices, please contact us at:

Velricon
57 Spyrou Kyprianou Avenue, Bybloserve Business Center
Larnaca 6051, Cyprus
Email: info@velricon.com