PRIVACY POLICY:

Treatment of Personal Data and Financial Information

The Independent Financial Centre of the Americas, which includes LAIFEX and the ICSA, is aware that you may wish to be informed about how any personal data and financial information ("Data") that you may send via the Internet to the Independent Financial Centre of the Americas website ("Website") is treated. Accordingly we have developed this Privacy Policy ("Policy") to explain all our reasonable precautions to keep your Data secure.

This Website may include hyperlinks to other websites that are not operated or controlled by the Independent Financial Centre of the Americas ("Third Party Sites"). This Policy only applies to this Website and the Independent Financial Centre of the Americas is not responsible for the content or the privacy practises of Third Party Sites.

This Policy may be updated and we therefore invite you to consult this Policy from time to time in order to familiarise yourself with any changes. The last paragraph of this Policy indicates when the Policy was last updated.

The terms of this Policy are without prejudice to any contractual terms you may enter into with us, which will take precedence over the terms of this Policy.

Data Transfer to the Independent Financial Centre of the Americas and Trans-border Data Flow

Please be aware that the Internet is generally not regarded as a secure environment, and that unauthorised third parties can access Data sent via the Internet, potentially leading to disclosures, changes in content or technical failures. Data sent via the Internet may be transmitted across international borders even though both sender and receiver are located in the same country. Therefore, your Data may be forwarded to a country with a lower data protection level than exists in your country of residence.

The Independent Financial Centre of the Americas accepts no responsibility or liability for the security of your Data whilst in transit via the Internet to us. In order to protect the privacy we would like to remind you that you may choose another means of communication with us, where you deem it appropriate.

In specific situations, the Independent Financial Centre of the Americas provides an encrypted communication transfer for your Data (e.g. funds transfers), but this will be specifically indicated.

Processing of Data by the Independent Financial Centre of the Americas and Use for Marketing Purposes

The Independent Financial Centre of the Americas does not collect personally identifying Data from this Website except when specifically and knowingly provided by you. In the latter case, subject to any applicable local laws, we may use your personal information to market products and services we believe might be of interest to you.

The Independent Financial Centre of the Americas may use session specific cookies or web bugs to obtain non-personal information Data regarding your use of this Website including IP address and session number. This Data will be collected primarily for purposes of administering or compiling demographic information, and of monitoring usage and performance of this Website. We may also use such cookies to facilitate your movement within this Website (e.g., remembering passwords during the session and recording any country of residency selection you may have made.)

You may disable web bugs by disabling the JavaScript in your browser within the security settings. However, once JavaScript is disabled the site may not function correctly. You may also set your browser in order to disable any cookies that may be used by the Independent Financial Centre of the Americas: Netscape 6.0: (1) Task Bar (2) Edit (3) Preferences (4) Advanced (5) Cookies; Netscape 7.0: (1) Edit (2) Preferences (3) Category column (on the left hand side) (4) Privacy & Security (5) Cookies (6) Disable cookies (7) OK; Internet Explorer 6.0: (1) Tools (2) Internet Options (3) Privacy (4) Custom Level (5) Advanced (6) Override automatic cookie handling - Accept, Block or Prompt; Internet Explorer 5.0 or 5.5: (1) Tools (2) Internet Options (3) Security (4) Custom Level (5) Cookies option - Accept, Disable, or Prompt.

Data Security

Within the Independent Financial Centre of the Americas your personal Data will be transmitted and stored in a protected environment (e.g. firewalls). We undertake to take all reasonable steps in order not to allow your personal Data to be seen by any third parties other than those, which have been engaged by the Independent Financial Centre of the Americas to provide services to you. We will only disclose your Data to other third parties, if compelled to do so for legal or regulatory purposes.

We may store Data in locations other than your country of residence. In such cases, the Independent Financial Centre of the Americas will endeavour to ensure that there are adequate levels of protection for your Data taking into account applicable legal and regulatory requirements, including those relating to banking secrecy and data protection.

Notice of changes

From time to time, we may change the Policy. The effective date of the Policy, as stated below, indicates the last time this policy was revised or materially changed. Checking the effective date below allows you to determine whether there have been changes since the last time you reviewed the Policy.

For further information please read our disclaimer.

This Policy was last updated in March 2006.

DISCLAIMER:

Persons who access information on the website of the Independent Financial Centre of the Americas agree to the following terms and conditions. Any special agreements with respect to individual services or products of Independent Financial Centre of the Americas shall be complementary to these terms and conditions, although in the event of any conflict, the provisions contained in any such special agreements shall prevail.

No offer, no obligation

No information published on the Independent Financial Centre of the Americas website constitutes a solicitation or offer, or recommendation, to buy or sell any funds or investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever.

The information published and opinions expressed on the Independent Financial Centre of the Americas website are provided by the Independent Financial Centre of the Americas for personal use and for informational purposes only and are subject to change without notice. The Independent Financial Centre of the Americas makes no representation (either express or implied) that the information and opinions expressed on the Independent Financial Centre of the Americas website are accurate, complete or up to date. In particular, the Independent Financial Centre of the Americas shall not be obliged to remove any outdated information from the Independent Financial Centre of the Americas website or to expressly mark it as being outdated. Nothing contained on the Independent Financial Centre of the Americas website constitutes financial, legal, tax or other advice, nor should any financial or any other decisions be made solely based on the Independent Financial Centre of the Americas website content. You should obtain advice from a qualified expert before making any investment decision.

Performance

The future performance of an investment or future value of a contract cannot be deduced from previous market value, i.e., the value of an investment may fall as well as rise. An investment may also lose value due to changes in rates of foreign exchange. The Independent Financial Centre of the Americas cannot guarantee that any capital invested will maintain or increase in value.

Limitation of liability

The Independent Financial Centre of the Americas disclaims, without limitation, all liability for any loss or damage of any kind, including any direct, indirect or consequential damages, which might be incurred through the use of or access to the Independent Financial Centre of the Americas website, or any links to third-party websites.

Furthermore, the Independent Financial Centre of the Americas disclaims all liability for any tampering with the Internet user's computer system by unauthorized parties. In this regard, the Independent Financial Centre of the Americas expressly reminds of the risk of viruses, and the possibility of targeted attacks by hackers. In order to combat viruses, it is recommended that the most recent browser versions be used, and that anti-virus software be installed and continually updated. As a rule, the opening of any e-mail from an unknown source as well as any unexpected attachment to an e-mail message should be avoided.

Links

Some links on the Independent Financial Centre of the Americas website lead to third-party websites, which are completely beyond control of the Independent Financial Centre of the Americas. Accordingly, the Independent Financial Centre of the Americas does not assume any responsibility for the accuracy, completeness and legality of the contents of such websites, or for any offers and services contained.

Material interests

The Independent Financial Centre of the Americas and/or its boards of directors, executive management and employees may have or have had a relationship with or may provide or have provided corporate finance or other services to or serve or have served as directors of relevant companies involved in the activities of or transactions conducted through the Independent Financial Centre of the Americas.

Local legal restrictions

The Independent Financial Centre of the Americas website is not directed to any person in any jurisdiction where (by reason of that person's nationality, residence or otherwise) the publication or availability of the Independent Financial Centre of the Americas website is prohibited. Persons in respect of whom such prohibitions apply must not access the Independent Financial Centre of the Americas website.

Use of the Independent Financial Centre of the Americas website

The entire content of this Independent Financial Centre of the Americas website is subject to copyright with all rights reserved. You may save or print out a hard copy of individual pages and/or sections of the Independent Financial Centre of the Americas website, provided that you do not remove any copyright or other proprietary notices. With any saving or otherwise copying from the Independent Financial Centre of the Americas website the terms and conditions for use shall be deemed to have been accepted. All property rights shall remain with the Independent Financial Centre of the Americas. You may not reproduce (in whole or in part), transmit (by electronic means or otherwise), modify, link into or use for any public or commercial purpose the Independent Financial Centre of the Americas website without the prior written permission of the Independent Financial Centre of the Americas.

¹ A cookie is information that a web server stores on your hard disk so that it allows a website to store your preferences on your machine and later retrieve it.
² A web bug is a graphic on a viewed web page that transmits information to a web server.
³ An IP address is a 32-binary digit number that identifies each sender or receiver of information that is sent in packets across the Internet.
⁴ A session is a series of interactions between two communication end points that occur during the span of a single connection and is related to a particular session number.

Important legal information - please read the disclaimer before proceeding.

Products and services in these web pages may not be available for residents of certain nations. Please consult the sales restrictions relating to the service in question for further information.