Privacy Policy

Privacy Policy

This Privacy Policy explains how our law firm, Argyrou & Konstantinou L.L.C. (hereinafter “AKFIRM”, “we”, “us”, or “our”), collects, uses, and shares personal information on our website. In terms of privacy issues, our firm adheres to high standards of conduct and protects personal data. We are committed to protecting the privacy of our website visitors and clients, and we follow applicable data protection laws in Cyprus, including the General Data Protection Regulation (GDPR).

Who we are

AKFIRM is a Limited Company registered in Cyprus under the registration number HE227099 having its registered office at The Square, 33 Konstantinou Palaiologou St Nicolaos 6036, 4th floor, Larnaca, Cyprus.

We have appointed a Data Protection Officer (DPO) who is responsible for overseeing questions in relation to privacy issues. If you have, any questions about this privacy policy, including any requests to exercise your legal rights, please contact the DPO using the details set out below:

Email address: r.konstantinou@akfirm.law

Collection of Personal Data

Our firm ensures that personal data are handled promptly and in accordance with the laws by providing the appropriate training to our employees.

We gather and handle private information that is not publicly available, depending on the aim and extent of the specific use or involvement. We collect personal information from our website visitors and clients when they provide it to us voluntarily, such as by filling out our online contact form or subscribing to our newsletter.

The personal information we collect may include:

  • Identification data such as name, middle name, and surname;
  • Contact details including residential or business address, email address, and telephone number;
  • Information required to meet legal and regulatory requirements in accordance with anti-money laundering law, such as source of wealth;
  • And any other information necessary for the provision of legal or other services.

We also collect non-personal information automatically, such as the type of web browser used, the operating system, and IP address. This information helps us improve our website and provide better services to our clients.

Use of Personal Information

This Privacy Policy’s aim is to provide you with an overview of how and why we use your personal data in accordance with any other privacy policies or fair processing notices we may provide in certain circumstances when collecting or processing it. Despite its intention, this policy is not intended to replace the other policies, however, it supplements them.

We use personal information to provide legal services to our clients and respond to their inquiries. We may also use personal information to send newsletters and other marketing materials, but only if our clients have given their consent.

Unable or unwilling to provide your personal data

In situations where we are legally obliged to obtain personal information, or require it under the terms of an agreement we have with you and/or any other lawful reason, and you decline to provide the information upon request, we may not be able to fulfill our contractual obligations to you, such as providing you with our services. If this occurs, we will notify you that we may have to terminate our contractual relationship;

Your duty to inform us of changes

Ensuring that the personal data we possess regarding you is precise and up-to-date is crucial. We, therefore, request that you notify us of any changes to your personal data during your engagement with us.

Sharing of Personal Information

We do not share personal information with third parties except as necessary to provide legal services to our clients or comply with legal obligations. For example, we may share personal information with third-party service providers, such as document management, and marketing companies, who assist us in providing legal services and improving our website.

Security of Personal Information

We take reasonable steps to protect personal information from unauthorized access, use, and disclosure. We use industry-standard encryption technologies to protect sensitive information transmitted through our website.

Retention of Personal Information

We retain personal information for as long as necessary to provide legal services to our clients and fulfill our legal obligations. We may retain personal information for longer periods if required by law or necessary to establish, exercise, or defend legal claims.

Purpose of Data processing and Legal Basis

Our aim of data processing is to comply with anti-money laundering (AML), combat the financing of terrorism (CFT), and satisfy tax reporting prerequisites including those concerned with US Foreign Account Tax Compliance Act (FATCA), the Common Reporting Standard (CRS) and/or other applicable European and/or Cyprus Legislation. In holding and processing your personal information, we also comply with legislation of the Processing of Personal Data (Protection of Individuals) Law 138 (I)/2001) as amended from time to time.

We may process personal data in adherence to our obligation to acquire information about clients and connected individuals.

In managing and processing your personal data, we abide by the legislation set forth in the Processing of Personal Data (Protection of Individuals) Law 138 (I)/2001, as amended periodically.

Our client’s data is used in accordance with the GDPR and the local protection law for the following reasons:

  • To promote the best interest of our client;
  • To perform or enter into a contract with the client in regard to the provision of legal or other services;
  • To protect any legitimate interests by us or by a third party, for example, to initiate legal claims and prepare our defence in litigation procedures;
  • To comply with legal or regulatory obligations such as Money Laundering Law and Cyprus Banking Law; We are also subject to the Laws and Regulations of the Cyprus Bar Association which is a supervisory authority.

Your Data Protection Rights

Individuals have the right to access, correct, or delete their personal information collected by our law firm. They also have the right to withdraw consent for marketing communications at any time.

More of your rights are as follows:

  • Right to request deletion of your personal data;
  • Right to object or to restrict your personal data processing;
  • Right to request transfer or reuse of your personal data for different services;
  • Right to revoke the consent given to us according your personal data processing; If your consent is withdrawn, it will not affect the lawfulness of processing undertaken on the basis of that consent before it was withdrawn or revoked

To exercise these rights, individuals may contact us by using the contact information provided on our website.

Changes to this Privacy Policy

Occasionally, this Privacy Policy might be updated to align with changes in our procedures or legal demands. Nonetheless, we advise our website visitors and clients to review our Privacy Policy on a regular basis to stay updated on how we handle and protect their private data.

Contact us

Should you desire to utilize any of the aforementioned entitlements, kindly get in touch with our Data Protection Officer at r.konstantinou@akfirm.law.