Regulatory
Data protection
We cannot guarantee the security of data transmission on the Internet. In particular, there is a risk of access by third parties when data is transmitted by e-mail.
The use of contact data published in the imprint by third parties for advertising purposes is hereby expressly prohibited. The operator expressly reserves the right to take legal action in the event of unsolicited advertising or information material being sent.
Should individual provisions or formulations of this disclaimer be or become invalid, this shall not affect the content or validity of the remaining provisions.
Data storage
When you access our websites, the following data is stored in log files: IP address, date, time, browser request and general transmitted information about the operating system or browser. This usage data forms the basis for statistical, anonymous evaluations, so that trends can be identified, which we can use to improve our offers accordingly.
We point out that personal data (name, address, date of birth, telephone number, etc.) of the service recipient is stored for the purpose of contract processing. The data provided by you are necessary for the fulfillment of the contract or for the implementation of pre-contractual measures. Without this data, we cannot conclude the contract with you. No data is transferred to third parties, with the exception of the transfer to our tax advisor for the fulfillment of our tax obligations and to data service providers who ensure the operation of our database, our IT and newsletter system.
In the event of a contract being concluded, all data from the contractual relationship will be stored until the expiry of the retention period under tax law (7 years).
You are generally entitled to the rights of information, correction, deletion, restriction, data portability, revocation and objection. If you believe that the processing of your data violates data protection law or that your data protection rights have been violated in any other way, you can report to the supervisory authority. In Liechtenstein, this is the Liechtenstein Data Protection Authority (Städtle 38, P.O. Box, 9490 Vaduz, +423 236 60 90, info.dss@llv.li).
Participation policy
Faro Invest falls under the term “asset manager” according to Art. 367a No. 3 of the Liechtenstein Persons and Companies Act (PGR) and therefore has to describe its participation policy in terms of Art. 367h PGR.
- Faro Invest does not exercise any shareholder rights within the meaning of Art. 367h para. 1 items 1 and 4 PGR based on participation in the companies in which the company has invested within the scope of asset management mandates. In particular, no rights related to the general meetings of stock corporations are exercised. The right to a share in profits and to subscription rights are exercised in consultation with the clients.
- The monitoring of important matters of the companies within the meaning of Art. 367h para. 1 item 2 PGR is carried out by taking note of the legally required reporting of the companies in financial reports as well as ad hoc announcements.
- There is no exchange of opinions with the corporate bodies and stakeholders of the companies within the meaning of Art. 367h para. 1 item 3 PGR.
- There is no cooperation with other shareholders or other relevant stakeholders of the Company within the meaning of Art. 367h para. 1 items 5 and 6 PGR.
- In the event of conflicts of interest within the meaning of Art. 367h Para. 1 No. 7 PGR, disclosure is made to the persons concerned in accordance with the statutory provisions and clarification of the further course of action with them is provided.
- An annual publication on the implementation of the participation policy within the meaning of Art. 367h para. 2 PGR does not take place, because a corresponding exercise of rights does not take place.
- A publication of the voting behavior in the sense of Art. 367h para. 2 PGR does not take place, because a participation in votes does not take place.
Sustainability · ESG
In accordance with the European Union’s understanding of sustainability, sustainability is not to be limited to ecological aspects, but should rather take into account the entire ESG spectrum (Environment, Social and Governance). In this respect, Faro Invest is subject to disclosure obligations arising from the Sustainable Finance Disclosure Regulation (Disclosure Regulation). In fulfillment of these disclosure obligations, we disclose the following.
Sustainability and conscious responsibility towards society and the environment are more than a momentary trend for us. Faro Invest supports the three sustainability criteria ESG. The acronym stands for Environmental, Social and Governance and refers to the three key factors used to measure the sustainability and social impact of an investment in a company or business.
Faro Invest lives sustainability in its daily practice. In addition to the economic investment objectives of return, security and availability, ethical values of the investor are also taken into account when investing money. Nevertheless, Faro Invest considers the entire EU regulatory framework regarding ESG as bureaucratically overloaded and therefore currently declares itself ESG neutral.
Faro Invest currently does not implement the strategies for incorporating sustainability risks in the investment decision-making process or investment advisory process as required by EU regulations and consequently does not take into account the adverse effects on sustainability factors. One of the reasons for this is that not all relevant information on this is yet available.
However, we will closely follow developments in this area and will provide information here on any changes.
Below you will find further information on the topic of regulatory issues:
General Business Conditions
Execution Policy
Information on Dealing with Potential Conflicts of Interest
Client information within the framework of new statutory provisions
Data protection information
Explanation of the sustainability preference query