Use of the Descartes Finance AG (“Descartes”) website is subject to the following terms and legal disclaimers:
Depending on the applicable legal provisions, use of the services provided by Descartes, including access to the information on this website, may be limited for certain people. Each user is responsible for finding out about and complying with the restrictions that apply in their particular case. Descartes does not assume responsibility for compliance with such restrictions.
All information published by Descartes is offered for purely information purposes and constitutes neither promotion, a recommendation or advice nor a solicitation to purchase or sell investments, engage in or conclude any transaction.
All information provided on the website is drawn from reliable, verified sources. Descartes makes no guarantee, explicit or implicit, for the currency, accuracy, reliability and completeness of the information and views presented on the website. They are provided purely for private use, and information can be changed at any time without notice. The information provided does not constitute guidance on decisions on legal, tax or other matters, nor should decisions on investments or other matters be made on its basis.
Under no circumstances does Descartes assume liability for losses and damages of any sort, including direct, indirect or consequential damages that arise in connection with access to and/or use of this website or links provided on it to other websites, even if Descartes has been alerted to the possibility of such damages.
If users leave this website by activating links to other websites, they are on websites not monitored by Descartes and do so at their own risk. Descartes gives no warranty and assumes no liability for any content of third-party websites, nor for consequential damages arising from their use.
In any disputes arising from the use of this website, only the German text is binding. Swiss law applies, and the competent courts are the regular courts at the domicile of Descartes Finance AG.
1. Responsibility for data processing
This data privacy statement is applicable to data processing by Descartes Finance AG (“Descartes”). Questions related to the processing of data by Descartes can be addressed to email@example.com or firstname.lastname@example.org.
2 Data collected and saved when you use this website
Data collected automatically
When you visit the www.descartes-finance.com or www.descartes.finance website, your browser transmits information to our website’s server. The following data are temporarily stored anonymously (i.e. without a link to any specific personal data) in a so-called log file before being automatically deleted:
Data provided by you
Descartes is a regulated financial intermediary under the terms of the Swiss Federal Anti-Money Laundering Act and a member of the Financial Services Standards Association (VQF, Self-Regulatory Organisation or SRO) in Zug. Under its statutory duties of due diligence, Descartes is required to request, store and document specific data from you when you create and use a user account. In the course of the account-opening process you will be asked to enter the following information:
We will save these data and store them in your customer profile. We will use these data to process your request, create a customer file and provide the services desired by you. We will save these data in accordance with the statutory duties of due diligence and record retention requirements.
Descartes uses so-called cookies on its website. Cookies trigger your browser to create and save a text file on your device. This file contains information on the configuration of your browser and device and on the history of your visits to our website. A link with personal data will only be made if you have registered with Descartes as a customer.
So-called session cookies are only stored for the duration of your visit to our website and will be deleted automatically once you leave. These session cookies tell our server which of our web pages you have already visited during the current session.
So-called temporary cookies contain information on the configuration of your device and, if you are registered as a customer, a reference to your customer number and your settings. This enables storage of the history of your visits and the settings you have made for visiting the website. These cookies are deleted after a certain period of time.
If the GDPR is applicable, the legal basis for collecting these data via cookies is Article 6(1)(f) GDPR.
If you do not wish these cookies to be automatically stored on your device, you can configure your browser accordingly. However, completely deactivating cookies in your browser may prevent you from using our website or certain of its features.
4 Analytics services
For the purposes of ensuring that our website is fit for purpose and can undergo continuous improvement, we use Google Analytics, a web analysis service of Google Inc. (1600 Amphitheatre Parkway, Mountain View, CA 94043, USA; hereinafter “Google”).
This service creates pseudonymised user profiles and cookies (see 3 above) on your device. The information stored in the cookie about your use of this website, such as
is transferred to a Google server in the USA, where it is saved. This information is used to evaluate use of the website, to compile reports on website activities and to provide other services linked to website use and internet use for the purposes of market research and ensuring that these websites are fit for use. This information may also be transferred to third parties if this is required by law or if the third parties have been engaged to process the data. In no circumstances will your IP address be combined with other data by Google. The IP addresses are anonymised so that they cannot be identified (IP masking).
If the GDPR is applicable, the legal basis for the use of analytics services is to be found in Article 6(1)(f) GDPR.
5 Use of social media plugins
The Descartes website include plugins and buttons for various social media platforms. When you visit our website these create a connection to the relevant platform operator in the background and forward the data on your visit to the operator. If you visit our website and are a registered member of the social media platform in question, your profile can be linked to your visit to our website. If you use the relevant button, your profile will be actively linked with our website.
For information of the scope of the data registered by the social media platform, please consult the relevant platform’s data privacy statement. Descartes assumes no liability for the use of your data by the social media platform in question.
6 Disclosure of your data to third parties
Disclosure of your data by Descartes to third parties (for example custodian banks) is subject to the statutory due diligence requirements for financial intermediaries. To this extent, data will be disclosed to third parties only if:
7 Your rights in terms of the protection and processing of your data
Under the terms of the Swiss Data Protection Act and, to the extent applicable, the GDPR, you have the right to
8 Right to object
Within the scope of the GDPR you have the right to object to the processing of your personal data if they are being processed on the basis of legitimate interests as per Article 6(1)(f) GDPR and you have grounds for objection on the basis of your own particular situation, or where you object to processing for direct marketing purposes.
In the latter case you have a general right to object which we will honour without you specifying a particular situation.
9 Retention of records
Your data will only be retained for as long as the purpose of use requires. In principle the retention period of ten years stipulated in Article 958f of the Swiss Code of Obligations applies for all customer-related data. The retention period for other data will be determined on a case-by-case basis depending on the type of data provided, the reason for their collection, the legal basis and our statutory or operational retention requirements.
10 Data Security
Descartes assures that industry-standard technologies and security measures are used to safeguard the integrity of your data and protect them from unauthorised access by third parties.
On its website Descartes uses SSL (Secure Socket Layer) technology in conjunction with the highest level of encryption supported by your browser (usually 256-but encryption). If your browser does not support 256-bit encryption, we use 128-bit v3 technology instead. A secure or encrypted website connection is indicated by a key/padlock symbol in the status bar of your browser.
This data privacy statement is currently valid and dates from September 2019.
It may be necessary to amend this data privacy statement as part of our efforts to constantly develop our website and related offerings or comply with changes in the legal or regulatory requirements.
The entire content of the Web site of Descartes Finance AG is protected by copyright laws (all rights reserved) and is owned by Descartes Finance AG unless otherwise stated. Reproduction, transmission, modification, linking, and usage of this Web site is prohibited for any public and/or commercial purpose.
Publisher and responsible for the content on this site:
Descartes Finance AG