Privacy & AML/CTF Compliance Statement
1. About Us
DJ Stringer Property Services Pty Ltd ABN 88 098 480 409 is committed to protecting your personal information in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs). Under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act), we are classified as a reporting entity and are legally required to collect and verify personal information when providing specific real estate services.
2. Why We Collect Your Information
We collect, hold, and use your personal information to:
- Comply with our legal obligations under the AML/CTF Act (e.g., verifying identities, assessing money laundering/terrorism financing risks).
- Facilitate real estate appraisals, sales, property management, and leasing services.
- Prevent fraud and meet state-based regulatory requirements.
3. What Information We Collect
Depending on the transaction, we may collect and verify:
- Full legal name, date of birth, and residential address.
- Government-issued identification (e.g., passport or driver’s licence).
- Information about beneficial owners, trusts, or company structures.
- Source of funds or source of wealth (if required for enhanced due diligence).
4. How We Collect and Retain It
- Data Minimisation: We only collect the information reasonably necessary to fulfil our obligations
- Record Keeping: Instead of retaining full copies of identity documents, we typically record only the relevant verification details (e.g., document type, name, number, and verification outcome).
- Retention: We securely retain your information for up to [7] years from the completion of our services to comply with statutory AML/CTF record-keeping obligations, after which it is securely deleted or de-identified.
5. Disclosure of Information
We will not sell or disclose your personal information to third parties, except as permitted by law or for the purposes of completing a transaction. We may disclose your data to
Identity verification and electronic screening service providers.
- Identity verification and electronic screening service providers.
- Professional advisers, auditors, and IT/cloud software providers.
- Law enforcement agencies, AUSTRAC, or other regulatory bodies where legally required.
6. Your Rights and Access
You have the right to request access to or correction of the personal information we hold about you. You may also refuse to provide certain information, but please note that under the AML/CTF Act, we may be prohibited from providing real estate services to you without completing these verifications.
7. Changes to this Privacy Policy
DJ Stringer Property Services reserves the right to make amendments to this Privacy Policy at any time. If you have objections to the Privacy Policy, you should not access or use the Site.
8. Contact Us
DJ Stringer Property Services welcomes your comments regarding this Privacy Policy. If you have any questions about this Privacy Policy and would like further information, please contact us by any of the following means during business hours Monday to Friday.
Call: (07) 5599 5222
Post: Attn: Privacy Policy, DJ Stringer Property Services, 76 Griffith Street, Coolangatta QLD 4225
Email: info@djstringer.com.au