WealthAxis Advisory FZ-LLC (“WealthAxis”) employs cookies and other tracking technologies to ensure the correct technical operation, security, and functionality of its website and to optimize the overall user experience. Cookies facilitate the operation of essential website functions, such as navigation, session handling, authentication, and system stability, to guarantee efficient and effective website operation.
Furthermore, cookies help to secure the website against fraudulent use, unauthorized access, and security risks. Some cookies help WealthAxis to better understand how users behave on the website, allowing the company to optimize usability, layout, and functionality.
This Cookie Policy provides transparent and comprehensive information on the purposes of cookie usage and the categories of cookies used by WealthAxis.
The use of cookies is strictly in line with the applicable data protection and privacy laws. Users are given adequate and comprehensive information on cookie usage, and if necessary, consent procedures are implemented prior to the use of non-essential cookies. Cookies are not used for any unlawful, deceptive, or hidden purposes.
This Cookie Policy affects all individuals who access, browse, or otherwise interact with any website, platform, or online service operated by WealthAxis, whether by desktop computer, mobile device, tablet, or other internet-enabled technology.
This Cookie Policy applies to all cookies and other tracking technologies used on the website, including first-party and third-party cookies. Third-party cookies delivered via integrated tools, analytics platforms, or embedded content are also subject to this policy. The applicability of this policy is continuous from the point of access to the website and shall remain in effect throughout the duration of such interaction.
This Cookie Policy applies globally, irrespective of the location of the user, subject to local data protection laws that may supplement or override certain provisions of this policy. Users are expected to periodically review this policy to stay updated on any changes.
Cookies are text or data files that are placed and stored on a user’s device when a website is accessed or used. These files help the website identify a user’s device, browser, or session, either temporarily or persistently.
Cookies can be session cookies, which expire automatically when the browser is closed, or persistent cookies, which remain on the device until they expire or are manually deleted by the user. Cookies can store information like user preferences, session IDs, or technical settings to improve website efficiency and usability.
Cookies do not usually contain information that can identify a person, but they can contain technical identifiers that, when linked with other information, can be considered personal data under certain laws. Cookies are important for improving the efficiency and functionality of websites, and understanding their purpose can help users make informed consent choices.
Essential cookies are strictly required for the functionality, security, and usability of the WealthAxis website and its basic functions. These cookies facilitate basic functionality like page navigation, secure login areas, session persistence, system authentication, and protection against security risks.
If essential cookies are not used, the website or a particular service may not work properly or may be inaccessible. Essential cookies are used, if permitted by law, on a necessity basis and without user consent, as they are essential for the provision of requested services.
Essential cookies have a limited scope and are not used for marketing or behavioral analysis. Essential cookies may not work properly if disabled through browser settings. Essential cookies are enabled by default for service reliability.
Performance and analytics cookies collect data on how users engage with the WealthAxis website, such as pages viewed, time spent on the website, user paths, and error messages. The collected data is usually anonymous and aggregated for the purpose of analyzing trends, monitoring website performance, and improving areas of concern.
These cookies help WealthAxis optimize content, design, and functionality. Performance and analytics cookies can be supplied by third-party service providers and are protected by appropriate measures. Anonymization or pseudonymization of data is done where possible to reduce privacy concerns.
These cookies are classified as non-essential and are enabled only after obtaining valid consent from users, as per the relevant laws. Users are given adequate options to accept, decline, or withdraw consent. The collected data helps in improving services continuously.
Functional cookies help improve the functionality of a website by remembering the preferences and settings of the users, such as language choice, regional preferences, or display settings. Functional cookies are beneficial to users as they do not impact the functionality of a website.
Functional cookies can be either session cookies or persistent cookies based on their functionality. Although they do not track users across websites or for marketing purposes, they may require the processing of personal data. If the law requires, functional cookies are enabled only after obtaining user consent.
Users have complete control over the acceptance or denial of functional cookies using consent mechanisms or browser settings. Users can disable functional cookies, which may impact personalization but will not limit access to basic website services.
WealthAxis may allow third-party service providers to place cookies or similar technologies on its website for purposes of analytics, performance measurement, security, or content delivery. These cookies are set and controlled by third-party providers and are subject to their respective privacy and cookie policies.
Although WealthAxis exercises due diligence in choosing third-party providers, it does not control their independent processing of data. Users are advised to consult third-party privacy policies to learn how their data is processed.
Third-party cookies may lead to the collection of technical or usage data, as well as international data transfers. If required by law, third-party cookies are used only after obtaining valid consent from users. WealthAxis restricts the use of third-party cookies to legitimate business purposes and performs periodic risk assessments to address privacy and regulatory concerns.
Cookies are processed in strict compliance with the relevant data protection laws, including the UAE Personal Data Protection Law (PDPL) and the General Data Protection Regulation (GDPR). The legal basis for processing varies depending on the type and purpose of the cookie.
Essential cookies are processed on the basis of necessity, as they are necessary for ensuring the functionality and security of the website. Non-essential cookies are processed only on the basis of freely given, specific, informed, and unambiguous consent obtained through transparent consent mechanisms.
Users can withdraw or alter their consent at any time without any negative consequences. Withdrawal will not affect the lawfulness of processing that took place prior to the withdrawal. WealthAxis keeps records of the legal basis for cookie processing and periodically reviews them to ensure continued compliance.
WealthAxis uses effective and legally valid cookie consent practices to facilitate well-informed user choices. When accessing the website for the first time, users are directed to a consent banner that provides a clear and understandable explanation of cookie types, uses, and consequences.
Consent choices are differentiated to enable selective consent or denial of non-essential cookies. Non-essential cookies are not used without obtaining valid consent, except as allowed by law. User consent choices are stored securely and documented for record-keeping purposes.
Users are given opportunities to change or withdraw consent at any time. The default cookie settings are set to emphasize privacy and data minimization. The cookie consent system is subject to periodic reviews to ensure that it remains up-to-date with the latest legal standards.
Users can control, limit, or turn off cookies at any time through browser or device settings. Most browsers enable the deletion of cookies, the blocking of certain categories, or the option to be notified before a cookie is placed.
WealthAxis offers general information where possible; however, the final control is with the user. The disabling of certain cookies may impact the functionality of websites.
There are no negative consequences for declining or withdrawing consent for non-essential cookies. The user’s freedom and choice are respected in line with the relevant data protection regulations.
Cookies may collect limited technical and usage information, such as IP address, device identifiers, browser type, operating system, language preferences, and interaction data. This type of information is useful for website optimization and analysis.
Data collection is limited to what is relevant and necessary for the stated purpose. WealthAxis does not sell, rent, or trade cookie information. Processing is proportionate and lawful, retention is limited, and safeguards are in place.
Appropriate technical and organizational measures are put in place to secure the data related to cookies against unauthorized access, loss, modification, or misuse. These include encryption, access controls, secure servers, and monitoring systems.
Access is limited to authorized personnel on a need-to-know basis. Incident response and breach management plans are also kept up to date. Where third-party processors handle data related to cookies, contractual and security reviews are involved.
Some cookies could lead to the transfer of data outside the United Arab Emirates, especially when third-party service providers are considered. In such a situation, WealthAxis takes all necessary steps to ensure that adequate measures are taken in line with the relevant data protection laws.
The measures could include adequacy decisions, standard contractual clauses, or other mechanisms. The transfer of data is restricted to what is required and is assessed before the transfer is made. Users are notified through this policy, and the transfer of data is continuously monitored.
WealthAxis may choose to revise this Cookie Policy from time to time to reflect changes in the law, regulations, technology, or operational requirements. The revised Cookie Policy will be posted on the website with an updated effective date.
It is recommended that users check this Cookie Policy from time to time. In the event of significant changes to users’ rights or consent, appropriate notice provisions will be put in place.
This Cookie Policy shall be governed by the laws of the United Arab Emirates. Any disputes arising in connection with this Cookie Policy shall be subject to the exclusive jurisdiction of the competent courts of the UAE, unless otherwise required by mandatory law.
Nothing in this Cookie Policy shall limit the statutory rights available under the applicable data protection laws. This clause is an integral part of the Cookie Policy.
