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Ambit

Privacy & Data Protection

Legger Pty Ltd operating as "Ambit Exchange" is committed to protecting your personal information and complying with applicable data protection and privacy laws.

Regulatory Compliance

In Australia, we comply with the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs). Where applicable, we also comply with other local privacy and data protection laws relevant to the regions in which we operate.

This Privacy Policy explains how we collect, use, store, disclose, and protect your personal data. It also describes your rights and how you can contact us if you have any concerns. This Policy should be read together with our Terms of Service.

1. What Information We Might Collect

Identity & Contact Details

  • • Full name and date of birth
  • • Residential address
  • • Email and phone number
  • • Identification documents
  • • Utility bills

Financial & Technical Information

  • • Bank account and wallet addresses
  • • Payment and transaction history
  • • Trading preferences
  • • IP address and browser type
  • • Device identifiers and metadata
  • • Communications records

Note: If you do not provide certain required information, we may not be able to provide you with our services.

2. How We Collect Information

Direct Collection

  • • When you register or create an account
  • • During KYC/AML verification
  • • Through website interactions
  • • Via email, chat, or phone contact

Third-Party Sources

  • • Identity verification services (KYC providers)
  • • Financial institutions and payment partners
  • • Public registries or regulators

Sensitive information is only collected where necessary and with your consent, unless otherwise permitted by law.

3. Why We Collect Information

Service Provision

Including onboarding, transactions, and account maintenance

Regulatory Compliance

AML/CTF obligations under AUSTRAC and other regulators

Security & Fraud Prevention

Prevent fraud, money laundering, and other financial crime

Communication & Improvement

Account updates, service changes, and platform analytics

4. Who We Share Information With

Service Providers

  • • Identity verification providers
  • • Payment processors and banks
  • • Cloud service and IT providers

Regulatory Bodies

  • • AUSTRAC, ASIC, tax offices
  • • Courts and law enforcement
  • • Professional advisers

Where data is transferred outside of Australia or your local jurisdiction, we ensure that adequate safeguards (e.g., encryption, contractual protections) are in place.

5. Security & International Data Transfers

Security Measures

  • • Encrypted communications and storage
  • • Multi-factor authentication
  • • Role-based access controls
  • • Secure cloud infrastructure (Azure, AWS)
  • • Staff training and monitoring

Data Locations

We may store or process your data in data centers located outside Australia, including in Singapore or the United States.

We take all reasonable steps to ensure that your data remains protected to the same standard required by applicable laws.

6. Your Rights & Data Retention

Your Rights

Access the personal information we hold about you

Request correction of inaccurate or outdated information

Withdraw consent for certain uses (e.g., marketing)

Lodge a complaint with the Office of the Australian Information Commissioner (OAIC)

Data Retention

We retain your personal information for as long as necessary to meet our legal and business obligations. For AML/CTF compliance, this may mean we keep records for up to 7 years after the end of your relationship with us.

7. Cookies & Policy Updates

Cookies and Tracking

We use cookies and similar technologies to:

  • • Improve website performance and functionality
  • • Monitor analytics and security
  • • Deliver relevant advertising (where applicable)

You can adjust your browser settings to refuse cookies, but this may affect site functionality.

Updates to This Policy

We may update this Privacy Policy from time to time. Updates will be posted on our website with a "last updated" date. Where significant changes are made, we may notify you directly.