Privacy Policy

Privacy Policy

Data Privacy Protection

SIA “Privāto aktīvu pārvalde” (“PAP” or “we”) is a company registered and operating in Latvia that observes strict confidentiality. This Privacy Statement sets out our approach to privacy issues. By using this website and submitting any personal data you agree that PAP will use the aforementioned data in accordance with this Privacy Statement. If you have any questions about the privacy of your personal data, please email us at:

Collecting personal data
We only collect identifiable personal data or information that is specifically and voluntarily provided by a visitor to our website.
Visitors can send us an email by using this website. Their data will contain the screen name and email address of the user, as well as any additional information the user wishes to include in their message.

Use of personal data
We will use the personal data provided by the visitor for the purposes for which they were provided, and which are described at the place of submission (or if it is obvious from the context of the data collection). We may also use your data to communicate and inform you of PAP's business, services and events, as well as provide other information that may be of interest to you.
Our websites do not collect or aggregate personal data for the purpose of communicating or selling it to third parties for the purposes of consumer marketing or for sending messages on behalf of third parties.

Personal data controller
SIA “Privāto aktīvu pārvalde” (limited liability company, registered and operating in Latvia, registration No. 40003552672, legal address 68 k-2 Dzirnavu Street, Riga, LV-1050) is the controller of any personal data collected through this website; the aforementioned data will be processed in accordance with the “Personal Data Processing Law” of the Republic of Latvia and relevant EU legislation.

Disclosure to third parties
We acknowledge that your personal data is valuable, and take all reasonable measures to protect your data while it is in our possession.
The submitted personal data may be transferred to affiliates of the PAP Company Network if it is necessary to achieve the purpose for which the visitor submitted the relevant personal data. Your personal data may also be transferred to independent service providers that process information on behalf of PAP, including information technology, identity management, website hosting and management, data analysis, data backup, security and storage services.
The PAP may disclose your personal data to law enforcement, regulatory or other public authorities, other third parties, if it is required by applicable laws and regulations.
Your personal data will not be transferred to affiliates of the PAP Company Network or any third party for any secondary or unrelated purposes, unless otherwise specified at the place of data collection.

We have implemented common technology and operational security standards to prevent loss, misuse, alteration or destruction of personal data and information. That is, we have ensured compliance with all appropriate confidentiality obligations as well as technical and organisational security measures to prevent unauthorised or unlawful disclosure or processing, accidental loss or destruction of, or damage to the aforementioned personal information and data. Only PAP authorised staff have the right to access personal data, and the aforementioned staff have undertaken to ensure the confidentiality of the relevant information.

Access to personal data
If you wish to update your personal information, which you have provided to us, you may do so when using this website by sending us an email to
If the personal data is stored, we do not assume responsibility for constantly verifying the accuracy of its content.
If you wish to obtain more details about the information you have provided to us through this website, you have the right to access that information by contacting us at the aforementioned email address.

Storage of personal data
The personal data you have submitted to us will only be stored for as long as it is necessary for the purpose for which it was collected, or as required by law.

We use small text files (cookies), which are placed on your computer's hard drive, for the purpose of providing a more personalised website experience. The use of cookies has currently become standard practice on the majority of websites. However, if you are not satisfied with the use of cookies, most browsers currently allow users to opt-out from receiving them. After visiting our website, you can always delete cookies from your system, if you wish to do so.

For better user experience on our website, we use cookies. By continuing the browser session and clicking on “I agree” you hereby give our consent to our use of cookies. You can withdraw your consent at any moment by changing your browser"s settings or deleting saved cookies. Read our Privacy Policy.

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