Who we are
Manar Capital is the controller of the personal information described in this notice.
We are a capital brokerage. We arrange finance for companies and other businesses, and broker commodity trades between businesses. This notice covers people who visit our website, make an enquiry, or deal with us as a client, counterparty, lender, introducer or adviser, or on behalf of one.
What we collect
Information you give us
- Your name, company, job title, email address and phone number.
- The details of your enquiry or transaction, which can include information about you as a director, owner or guarantor.
- Anything else you choose to send us in correspondence or documents.
Checks we carry out
Before we introduce any party, we carry out know-your-customer, ownership and sanctions checks. This can involve identity documents, proof of address, beneficial ownership, source of funds, whether someone is a politically exposed person, and the results of sanctions and adverse media screening.
Information from other sources
Public registers such as Companies House, screening and identity verification providers, and the people who introduce you to us.
Website
Our website does not use cookies or analytics. Our hosting provider may keep short-term technical logs (such as IP address and browser type) to keep the site secure.
How we use it
Data protection law requires us to have a lawful basis for each use of your information. We rely on the following:
| What we do | Lawful basis |
|---|---|
| Reply to your enquiry and discuss whether we can help | Our legitimate interests in responding to business enquiries, and taking steps at your request before entering into a contract |
| Act on a mandate: prepare credit packs, approach lenders or counterparties, negotiate terms | Performance of our contract with you or your company, and our legitimate interests in running the transaction |
| Identity, ownership, anti-money-laundering and sanctions checks | Compliance with legal obligations where they apply to us, and our legitimate interests in preventing fraud and financial crime |
| Keep records of our work and protect our legal position | Legal obligations and our legitimate interests |
| Send occasional market notes to business contacts | Our legitimate interests; you can opt out at any time. We do not send marketing to individuals who have not asked for it. |
Sanctions and adverse media screening can reveal information about criminal allegations or offences. We use it only to prevent and detect unlawful acts, as permitted by the Data Protection Act 2018.
International transfers
Many of the lenders and counterparties we work with are outside the UK, including in the Gulf, Europe, Africa, Asia and the US. When we send personal information outside the UK we rely on UK adequacy regulations, the ICO's International Data Transfer Agreement or the UK Addendum to the EU standard contractual clauses, or, where none of these apply, on the transfer being necessary for a contract you have asked us to arrange.
How long we keep it
- Enquiries that don't go ahead: kept only for as long as we reasonably need them after our last contact.
- Client, transaction and due diligence records: kept for as long as the law requires after the transaction or relationship ends.
- Opt-out requests: kept for as long as needed to respect them.
Your rights
You have the right to ask for a copy of your information, to have it corrected, deleted or restricted, to object to how we use it, and in some cases to have it transferred to you or another organisation. Where we rely on your consent, you can withdraw it at any time.
To use any of these rights, contact us using the details below. We will reply within one month. Some rights are limited, for example where we must keep records by law.
Contact & complaints
Email funding@manarcapital.co.uk.
If you're unhappy with how we have handled your information, please tell us first so we can put it right. You also have the right to complain to the Information Commissioner's Office at ico.org.uk/make-a-complaint or on 0303 123 1113.
We may update this notice from time to time.