At Trine, we understand that transparency and clarity are essential when it comes to handling your personal information. In compliance with the EU Crowdfunding License, we may request specific information from you. Here's why and how it's used:
1. Why do we need this information?
This information is required as part of the EU Crowdfunding License. It is crucial for ensuring the protection of investors and preventing them from investing more than they should.
2. How is the information used for loss simulation?
The information is used to perform a basic calculation, simulating an allowable loss as mandated by the regulator. This process is designed to safeguard investors' interests and maintain compliance with regulatory standards.
3. Does Trine validate the information provided?
No, Trine does not validate any of the information submitted for loss simulation. The purpose is solely to perform the required calculations. There is no right or wrong answer, and you can provide an approximate number, as we understand that precision may not always be possible.
4. Is the information used for any other purposes?
No, Trine does not use the information for any purposes other than loss simulation. It is securely stored and remains confidential. Your data privacy is a priority for us.
5. Why is the information stored?
We store this information because, as per regulatory requirements, we must be able to produce it for regulators if requested or audited. Rest assured that your data is handled with the utmost care and in compliance with data protection regulations.
At Trine, we are committed to transparency, regulatory compliance, and safeguarding your investment journey. Your trust is paramount, and we appreciate your cooperation in providing the necessary information for loss simulation. If you have any questions or concerns, we are here to help. Reach out to us at email@example.com.