Dear Sir/Madam,
As you may be aware, the European Union (EU) General Data Protection Regulation (GDPR) comes into effect on 25 May 2018. The GDPR sets a new standard for the protection of personal data and seeks to strengthen the data protection rights of individuals in the European Economic Area (EEA), while also harmonizing data protection laws across the EEA.
Citi has established a comprehensive GDPR Implementation Program across all affected business lines to ensure that the appropriate policies, procedures and controls are in place to facilitate compliance by the GDPR effective date.
One of the key principles under the GDPR is that of transparency. This requires organisations such as Citi Treasury and Trade Solutions (TTS) to provide people with whom we come into contact in the course of our business dealings, with information about how we use or otherwise process their personal data. This would include your officers, directors, employees and other personnel with whom we may interact in connection with our relationship with you.
In order to meet our GDPR-related transparency obligations, we have prepared the attached TTS EEA Privacy Statement which provides important information to individuals regarding how and why we process their personal data, with whom we share their personal data, certain rights that they may have, and how they can contact our Data Protection Officer. This TTS EEA Privacy Statement is also available at the following link: https://www.citibank.com/tts/sa/tts-privacy-statements/index.html
It is very important that your personnel with whom we may come into contact are made aware of this TTS EEA Privacy Statement. We would therefore kindly request that you promptly share this email with such individuals.
To the extent that you avail of our TTS Commercial Cards Program, you will have received a separate GDPR-related communication, as the attached TTS EEA Privacy Statement is only relevant for our Trade and Cash Management Products and Services.
If you have any questions, please contact your Citi representative.