Terms & Conditions
Simah Rating Agency recognizes in this notice the importance of preserving your rights to data privacy. The word “you” or ““your” refers to the data subject whose personal data Simah Rating Agency processes. The privacy notice explains how Simah Rating Agency processes your personal information and data and includes an explanation of the rights Simah Rating Agency has regarding your personal information. This notice applies to Simah Rating Agency in collecting, using, disclosing and sharing personal information online and offline.
The company is committed to maintaining the confidentiality and privacy of user data and information. Simah Rating Agency will not collect, process or disclose any personal data or information except in accordance with the specific controls stipulated in the Credit Rating Agencies regulation, the Electronic Transactions Law, the Anti-Cybercrime Law, the work rules approved by the Capital Market Authority, the instructions and controls issued by the National Cybersecurity Authority from time to time, and the instructions regulating the confidentiality of information issued by the regulatory authorities in the Kingdom, including all amendments thereto from time to time.
Collection, Processing and Disclosure of Personal Data:
1. When does Simah Rating Agency collect personal information about you? This information is collected when the company or its representative use our rating services.
2. What types of personal information does Tassnief collect and retain:
– When initiating a rating process, we may collect information to help identify and contact you, including, but not limited to, your name, email address, physical address, and telephone number (landline and/or mobile)
–If you create an account, Simah Rating Agency will collect your username and password for the purpose of providing all services.
3. How long does Simah Rating Agency retain personal and credit information?
Simah Rating Agency retains and processes your information in accordance with regulatory, organizational, and business purposes. tassnief reviews the information it holds and securely deletes it when there is no longer a legal, commercial or regulatory need to retain it.
4. Who does Simah Rating Agency share your personal information with?
Simah Rating Agency shares your personal information with financial analysts and rating committee members if your personal data related to your company credit rating application. Simah Rating Agency reviews the services performed by analysts and rating
committee members and obligates them to maintain the confidentiality and security of personal data and not to use it for any purpose other than performing the services.
Disclosure for legal reasons: We may share personal data with a third party to comply with applicable legal requirements, such as governing laws, regulations.
Credit Rating Reports: Simah Rating Agency collects, uses and processes personal data when necessary to perform Credit Rating. This collection of personal data is done only if the data needed to determine your company’s credit rating and creditworthiness.
5. How will we notify you of changes to this Privacy Notice?
If Simah Rating Agency changes this Privacy Notice, you will be notified of the changes by publishing the updated version in all applicable communication channels. Simah Rating Agency is committed to protecting and preserving your privacy.
Choices available to personal data owners:
Personal data owners are entitled to the following rights. However, the rights of the data owner are disbursed in accordance with the regulatory and legal obligations imposed on Simah Rating Agency.
1. The right to request information about the processing activities carried out on their personal data.
2.The right to request access to their personal data.
3.The right to request correction, updating or completion of their personal data.
4.The right to request the erasure of personal data in specific cases that do not conflict with the relevant regulations For any inquiries or objections, you can send an email to: CS@Tassnief.com or contact us at: 920003594
5.Individuals have the right to receive their personal data in a structured, commonly used format and to transfer that data to another entity.
6.Data subjects can withdraw their consent for data processing at any time, after which their data will be processed only under other lawful grounds
