European Union General Data Protection Regulation
25 May 2018
the new European Union General Data Protection Regulation comes into force.
This present notice (attached below) is addressed to you in your capacity as representative of a Customer of Clearstream Banking1 which is a participant in the Clearstream Banking system and user of the services provided by Clearstream Banking in accordance with the Governing Documents.
It is a Governing Document as defined in CBL’s General Terms and Conditions and is subject to the General Terms and Conditions unless otherwise specified.
Please note that this notice is provided to Customers of Clearstream Banking AG (CBF) for information purposes only and does not form part of the legal documentation governing the relationship between CBF and its Customers.
This notice sets out how personal data is used, stored, transferred or otherwise processed by Clearstream Banking as Data Controller in relation to Individuals' Data (see clause 2) as well as the rights and obligations that apply to Clearstream Banking, when acting as Data Processor on behalf of the Customer, and to the Customer acting as data Controller pursuant to clause 3 of this notice.
When Clearstream Banking acts as Data Controller in relation to personal data of Individuals, Clearstream Banking processes such data in accordance with the Data Protection Laws and clause 2 of this notice.
When Clearstream Banking acts as Data Processor in the context of the performance of its services pursuant to and in accordance with the Service Agreement, it processes personal data on behalf of the Customer and in accordance with clause 3 of this notice.
This notice shall supplement any existing provisions regarding data protection; in case of conflict between this notice and any of the Governing Documents, this notice shall prevail.
1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.