PIMCO Canada Corp. (PIMCO Canada) earns your trust by adhering to privacy principles in protecting your personal information. The term “personal information” refers to information that specifically identifies you as an individual and is provided to or collected by us. It includes, for example, your name and address, age and gender, personal information records, identification numbers such as your social insurance number (SIN), and your employment information. For corporate clients, this information also includes the names of officers, directors, owners, shareholders, jurisdiction of incorporation, financial information, and ownership structure.
Collection and use of personal information
PIMCO Canada is required under securities legislation and anti-money laundering legislation to collect information to verify the identity and reputation of clients. PIMCO Canada is also required under securities legislation to make a determination to ensure a proposed investment is suitable for you. To assess the suitability of proposed investments, PIMCO Canada will obtain information relating to your investment objectives, risk tolerance, investment knowledge, financial situation and circumstances. In providing services to clients, PIMCO Canada may be required to use and share personal information with its employees, third party service providers and other financial institutions. When you open an account with us, you authorize us to collect this information during the course of our relationship.
Sharing personal information
PIMCO Canada will not use or disclose personal information for purposes other than those for which it was collected except with the consent of the client or as required by law. Personal information will be retained only as long as necessary for these purposes or required by law.
Safeguarding personal information
PIMCO Canada will ensure that third party service providers requiring the use of personal information have appropriate security procedures and controls to protect the personal information of PIMCO Canada’s clients.