Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Thursday 15 January, 2009

Office of Fair Trade

Contract Rights Renewal

RNS Number : 6596L
Office of Fair Trading
15 January 2009
 




02/09

15 January 2009


OFT CONSULTS ON ITS PRELIMINARY VIEW ON ITV'S CONTRACT RIGHTS RENEWAL OBLIGATIONS 


The OFT has reached a preliminary view to recommend to the Competition Commission that it relaxes ITV's Contract Rights Renewal (CRR) Undertakings. These were introduced following the merger of Carlton and Granada in 2003.

The consultation documentpublished today, follows the OFT's in-depth review into CRR, conducted with the assistance of OfcomThe OFT highlights that since CRR was introduced in 2003, ITV1's market position has declined but the channel remains almost the only provider of very large commercial audiences, which are of particular value to some advertisers. The OFT provisionally concludes that the detrimental effects of the merger on the advertising market appear to have reduced but may not have been eroded completely

The OFT's consultation document explores a range of possible outcomes from, at one end of the scale, the removal of CRR in its entirety to retaining CRR largely as it is today, and various easements and modifications in between the two extremes. 

On the basis of the evidence collected so far, the OFT's preliminary assessment is that:

  • It may be appropriate to ease CRR if there is an effective remedy which addresses any remaining detriments arising from the merger between Carlton and Granada.

  • One such easement could be to remove the requirement that ITV1 rolls over contracts, while retaining effective safeguards to prevent discrimination against those advertisers which still rely heavily on ITV1.

Following the consultation the OFT may remit the matter to the Competition Commission, which makes the final decision on whether change to CRR is appropriate or not and, if it is, what form it should take

John Fingleton, OFT Chief Executive, said: 'Since the remedy was introduced in 2003, ITV's position has changed and so has the wider market. This means it is now the right time to ask whether the remedy remains proportionate, or could be eased or removed. 

'Our provisional view is that we should recommend to the Competition Commission relaxation of the CRR Undertakings, whilst retaining safeguards for advertisers and media buyers.  However we are keen to hear any new evidence or data during consultation before formally advising the Commission.'

Interested parties can submit their views or evidence, by 27 Feb 2009, to: CRR@oft.gsi.gov.uk 

The consultation document is available at: 

www.oft.gov.uk/advice_and_resources/resource_base/consultations/contract

 

 

NOTES  

  • The CRR Undertakings are a part (Clauses 5 to 11 and associated clauses) of a larger set of undertakings given by Carlton and Granada in 2003 following a report by the Competition Commission on the proposed merger of those two businesses to form ITV plc. The CRR Undertakings address concerns the Competition Commission had about the effect the enhanced market position ITV plc would have on competition in the sale of advertising airtime. 

  • Among other things, the CRR Undertakings allow buyers of advertising airtime to roll forward their pre-merger contracts, subject to annual adjustments which reflect the change in ITV1's share of advertising (measured in the form of its share of commercial impacts). The Undertakings created the Office of the Adjudicator which is responsible for determining certain disputes arising under the Undertakings and which reports on compliance. For a full text of the undertakings and more information on CRR and the Office of the Adjudicator go to www.adjudicator-crr.org.uk.

  • The OFT and Ofcom formally launched a review of CRR in January 2008. This review was undertaken in light of possible changes of circumstances in the sale of UK television advertising since the Undertakings were accepted in 2003.


MEDIA enquiries: 020 7211+        

Corinne Gladstone                                               8899                        Kasia Reardon               8901

Jonathan Marciano                                              8898                        John Fearn                     8708    

Out of hours: mobile:                                          07774 134814           fax messages:   020 7211 8961

http://www.oft.gov.uk        

___________________________________________________________________________

 

PUBLIC enquiries: 0845 7224499      enquiries@oft.gov.uk

OFT reports and consumer information leaflets are available free from: 

OFT, PO Box 366Hayes UB3 1XB 0800 389 3158 oft@ecgroup.uk.com



    


This information is provided by RNS
The company news service from the London Stock Exchange
 
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