Welcome to NISACO and our website at www.nisaco.com (our “website”). nisaco.com is operated by NISACO Ventures Limited of Unit 2A, 17/F, Glenealy Tower, No.1 Glenealy Central, Hong Kong (“NISACO”, “we”, “us”, or “our”). If you want to contact us or if you have any questions, you can reach us by email nikolaus@nisaco.com or call +8618616995079.

 

WHY DO WE HAVE A COOKIE POLICY?

This Cookie Policy sits in line with our obligations set out in Hong Kong`s Personal Data (Privacy) Ordinance (“PDPO”) and the EU`s Privacy and Electronic Communications Directive (“PECD”). In accordance with them, we need to inform you about the cookies we use and obtain your consent when using certain types of cookies namely Functional, Performance, Analytical and Advertising Cookies.

 

WHAT ARE COOKIES?

A cookie is a small text file that is sent to your device's hard drive by a website. Each time you return to the same website, your browser retrieves and sends the relevant cookie(s) to our website’s server.

 

HOW ARE COOKIES USED?

Cookies used by us are stored on your device for a maximum period of 2 years from the date when they are initially installed or if they are subsequently updated, from the date of the update. Cookies can be divided into the following two broad categories: 

 

Essential or Necessary cookies. These cookies are essential or necessary to ensure that a website works properly and is secure so that you can navigate a website and use its features. Without these cookies, certain features of a website would not function, and thus you would not be able to use certain services. 

 

Optional cookies. These cookies are non-essential for the website to function and require your consent. When it comes to optional cookies the following distinctions are made:

 

●      Functional cookies or sometimes called convenience cookies. These cookies allow a website to remember the options a user has made and other personalisation options you have selected when browsing.

 

●      Analysis and performance cookies, which are used to monitor and improve the function and service of a website. Those can track down problems when using a website, facilitate online surveys, record visitor numbers, and provide analytics metrics. 

 

●      Advertising cookies or targeting cookies. They are used to deliver customised advertising to the user.

 

The PDPO and PECD, require us to ask for your consent when using specific cookies (in particular any cookie that is not strictly necessary for the operation of the website, for example, Functional cookies, Analysis and performance cookies and Advertising cookies or targeting cookies “Optional cookies”). Further and as the PDPO and the EU's General Data Protection Regulation (“GDPR”) also require a legal basis for the use of personal data in relation to cookies, the use of cookies would then be your consent as well as our legitimate interest. 

 

However, as we think it is important that you should have full control over your privacy online, we refrained from placing optional cookies on our website and as such we are not required to obtain any consents. Nonetheless, this may change, and we ask you to regularly check this policy for any updates. 

 

HOW DO WE MAKE CHANGES TO THIS POLICY?

We may change our Cookie Policy from time to time. When we change our Cookie Policy, we will publish the updated policy on our website. Please check this Cookie Policy regularly. Subject to applicable law, all changes will take effect as soon as we publish the new Cookie Policy, but where we have already collected information about you and/or where legally required to do so, we may take additional steps to inform you of any material changes to our Cookie Policy and may request that you agree to these changes.

 

EFFECTIVE DATE

Monday, 01st of July, 2024