The classification of crypto assets by IO Global UAB in line with UK guidance, ensuring fair and transparent financial practices, and addresses the international transfer of personal data for UK residents, emphasizing compliance with data protection laws and safeguarding measures.

1. United Kingdom Crypto Asset Guidelines

In line with the advisory guidance GC23/1 and policy statement PS23/6, both sanctioned in June 2023, IO Global UAB categorizes crypto assets as “limited mass market investments.” Adhering to the stipulated requirements of GC23/1 and PS23/6, IO Global UAB commits to observing the mandate that financial promotions and transactions must be equitable, transparent, and devoid of any misleading information.

2. Data Storage and Transfer for UK Residents

Given our provision of international services, there may be a necessity to transfer your personal data beyond the boundaries of the United Kingdom or European Economic Area (EEA) for the purpose of service delivery. This could involve sending your personal data outside the United Kingdom or EEA to comply with global legal and regulatory obligations and to offer continuous support services.

Any transfer of Personal Data outside the UK or EEA will strictly adhere to data protection legislation, ensuring that the transfer methods incorporate adequate safeguards for your Personal Data. For instance, Personal Data may be transferred under an agreement that includes the prevailing standard contractual clauses adopted by the UK for Personal Data concerning UK Data Subjects and the European standard contractual clauses endorsed by the European Commission for Personal Data related to EEA Data Subjects.

To guarantee an appropriate level of protection for your Personal Data, we have implemented suitable safeguards and procedures with third parties with whom we share your Personal Data. This ensures that these third parties treat your Personal Data consistently with Data Protection Laws.

Should you be dissatisfied with our handling of your personal data, you have the option to lodge a complaint with your local data protection authority. In the United Kingdom, this authority is the ICO (ico.org.uk). In the EU, various national and regional data protection authorities can be contacted (https://edpb.europa.eu/about-edpb/about-edpb/members_en#member-lt).

3. International Transfers of UK Citizens' Data

Any international transfer of data pertaining to United Kingdom (UK) citizens outside the UK shall be conducted based on the 2010 European Commission Standard Contractual Clauses, unless an adequacy regulation has been issued by the United Kingdom for the receiving country. Additional details on UK transfers can be found on the Information Commissioner’s Office website.