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Capital & Liquidity
PRIVACY

Privacy & Cookie Policy

Last updated: 30 August 2026

Related legal page Terms of Use ↗

Our Terms govern use of Capital & Liquidity and its publications. This page explains how personal data, cookies and related technologies are handled.

CONTENTS
1Who We Are 2Scope of This Policy 3Data Protection Laws 4What Is Personal Data? 5Personal Data We May Collect 6Editorial and Journalistic Information 7Journalistic Processing and Freedom of Expression 8Sources and Confidential Information 9Special Categories of Personal Data 10Why We Process Personal Data 11Legal Bases for Processing 12Newsletters and Email Communications 13Newsletter Analytics 14Direct Marketing 15Cookies and Similar Technologies 16Types of Cookies We May Use 17Cookie Consent 18Changing Your Cookie Preferences 19Cookie Duration 20Third-Party Cookies 21Affiliate Links 22Analytics and Audience Measurement 23Advertising and Audience Information 24Sharing Personal Data 25We Do Not Sell Subscriber Lists 26Business Transfers 27International Data Transfers 28Data Security 29Data Breaches 30How Long We Keep Personal Data 31Your Data Protection Rights 32Rights Relating to Journalistic Material 33Exercising Your Rights 34Right to Object to Direct Marketing 35Complaints 36Children 37Automated Decision-Making and Profiling 38Artificial Intelligence 39Social Media 40External Websites 41Public Comments and Information 42Changes to Our Technology Providers 43Changes to This Privacy & Cookie Policy 44Relationship With Other Policies 45Contact Us

Capital and Liquidity respects your privacy and is committed to protecting personal data responsibly, transparently and securely.

This Privacy & Cookie Policy explains how we collect, use, store, disclose and otherwise process personal data when you visit our website, subscribe to our newsletters, communicate with us, interact with our publications, submit information, participate in our services or otherwise engage with Capital and Liquidity.

It also explains how we use cookies and similar technologies and the choices available to you.

1. Who We Are

Capital and Liquidity is a business and financial media publication operated by:

Batchmore B.V. trading as Capital and Liquidity KvK: 75109123 VAT / BTW: NL860145682B01

Visiting Address

Papaverweg 34 - unit B100 1032 KJ Amsterdam The Netherlands

Postal Address

Postbus 56907 1040 AX Amsterdam The Netherlands

Website: capitalandliquidity.com Privacy and editorial enquiries: [email protected] Company enquiries: [email protected]

For the purposes of applicable data protection law, Batchmore B.V. is generally the data controller for personal data processed in connection with Capital and Liquidity unless otherwise stated.

2. Scope of This Policy

This Policy applies to personal data processed through or in connection with:

  • the Capital and Liquidity website;
  • articles and publications;
  • email newsletters and briefings;
  • subscriber lists;
  • contact and enquiry forms;
  • research activities;
  • editorial communications;
  • interviews;
  • contributor relationships;
  • advertising and sponsorship relationships;
  • events and webinars;
  • competitions, surveys or research projects where offered;
  • social media interactions;
  • paid subscriptions or memberships where offered;
  • commercial relationships;
  • website analytics;
  • cookies and similar technologies; and
  • other Capital and Liquidity services.

3. Data Protection Laws

Where applicable, we process personal data in accordance with the General Data Protection Regulation ("GDPR"), the Dutch GDPR Implementation Act (Uitvoeringswet Algemene verordening gegevensbescherming or "UAVG"), the Dutch Telecommunications Act (Telecommunicatiewet) and other applicable privacy, electronic communications and data protection laws.

Where users are located outside the European Economic Area, additional local privacy laws may apply. We will respect rights provided by applicable mandatory law where those laws apply to our processing.

4. What Is Personal Data?

Personal data is information relating to an identified or identifiable natural person.

This may include information such as:

  • your name;
  • email address;
  • professional role;
  • company or organisation;
  • online identifiers;
  • IP address;
  • device identifiers;
  • subscription information;
  • communications with us;
  • information contained in interviews or submissions;
  • information about your interaction with our website or newsletters; and
  • other information capable of identifying you directly or indirectly.

5. Personal Data We May Collect

5.1 Information You Provide Directly

We may collect information that you voluntarily provide when you:

  • subscribe to a newsletter;
  • contact us;
  • complete a form;
  • respond to a survey;
  • participate in research;
  • submit an article, comment, story, tip or pitch;
  • communicate with our editorial team;
  • participate in an interview;
  • register for an event;
  • purchase a service or subscription;
  • enter into a commercial relationship with us;
  • apply to contribute to Capital and Liquidity; or
  • otherwise communicate with us.

This information may include your name, email address, company, professional title, correspondence, preferences and any other information you choose to provide.

5.2 Newsletter and Subscriber Information

When you subscribe to a Capital and Liquidity newsletter, we may collect:

  • your email address;
  • your name, where provided;
  • your subscription date;
  • your subscription preferences;
  • the source through which you subscribed;
  • consent records;
  • unsubscribe records;
  • delivery information;
  • email engagement information where permitted; and
  • technical information relating to newsletter delivery.

5.3 Website and Technical Information

When you use our website, certain information may be collected automatically.

This may include:

  • IP address;
  • browser type;
  • device type;
  • operating system;
  • screen or device characteristics;
  • referring website;
  • pages viewed;
  • links clicked;
  • date and time of visits;
  • approximate location derived from IP address;
  • session information;
  • cookie identifiers;
  • advertising identifiers where permitted; and
  • other technical and usage information.

5.4 Commercial and Transaction Information

If you purchase a subscription, report, membership, event ticket or other product or service, we may process information necessary to administer the transaction.

This may include:

  • name;
  • email address;
  • company details;
  • billing information;
  • transaction history;
  • subscription status;
  • invoice information; and
  • payment confirmation information.

Payment card information may be processed directly by third-party payment service providers. We do not necessarily receive or retain full payment card information ourselves.

5.5 Advertising, Sponsorship and Business Relationships

Where you represent an advertiser, sponsor, investor, service provider, contributor, partner or other business organisation, we may process professional information including:

  • your name;
  • professional contact details;
  • job title;
  • organisation;
  • communications;
  • contract information;
  • billing information; and
  • information relating to the business relationship.

6. Editorial and Journalistic Information

Capital and Liquidity is a media publication. As part of our journalistic and editorial activities, we may collect, research, store, analyse and publish information relating to individuals, founders, executives, investors, shareholders, directors, advisers and other persons relevant to matters we report on.

This information may come from:

  • public records;
  • company websites;
  • regulatory filings;
  • stock exchange announcements;
  • company accounts;
  • press releases;
  • court documents where lawfully available;
  • government sources;
  • professional profiles;
  • social media;
  • interviews;
  • journalists;
  • research providers;
  • commercial databases;
  • sources;
  • contributors;
  • third parties;
  • tips and submissions; and
  • other lawfully available sources.

Editorial information may include a person's name, professional position, company affiliations, business history, quotations, opinions, financial interests, transactions, professional activities and other information relevant to a legitimate journalistic purpose.

7. Journalistic Processing and Freedom of Expression

Dutch and European law recognise the need to balance data protection rights with freedom of expression, freedom of information and journalism.

Where Capital and Liquidity processes personal data exclusively for journalistic purposes, certain rights and obligations under the GDPR and Dutch data protection legislation may be restricted or may not apply to the extent permitted by applicable law.

This is intended to protect legitimate activities such as:

  • investigative journalism;
  • financial and business reporting;
  • editorial research;
  • fact checking;
  • source protection;
  • freedom of expression;
  • freedom of information;
  • publication of matters of public or legitimate interest; and
  • maintenance of editorial archives.

Any journalistic exception applies only where the requirements of applicable law are satisfied.

This means that a request to erase, restrict, disclose or modify personal data may be treated differently where complying with the request would conflict with legitimate journalistic activity, freedom of expression, source protection or another applicable legal protection.

8. Sources and Confidential Information

Capital and Liquidity may receive information from confidential or journalistic sources.

Where appropriate, we may protect the identity of sources and information capable of identifying those sources.

Nothing in this Privacy Policy should be interpreted as requiring Capital and Liquidity to reveal a confidential journalistic source where applicable law protects that source or allows us to refuse disclosure.

9. Special Categories of Personal Data

We generally do not seek to collect sensitive or special-category personal data through ordinary website or subscriber activities.

However, such information may occasionally arise:

  • where you voluntarily provide it;
  • within correspondence;
  • during interviews;
  • within public records;
  • as part of a newsworthy matter; or
  • where processing is necessary for legitimate journalistic purposes and permitted by applicable law.

Where sensitive information is processed outside a journalistic context, we will ensure that an appropriate legal basis and any additional legal requirements apply.

10. Why We Process Personal Data

We may process personal data for purposes including:

  • operating Capital and Liquidity;
  • publishing journalism and editorial Content;
  • conducting research;
  • verifying information;
  • communicating with sources;
  • responding to enquiries;
  • managing subscriptions;
  • sending newsletters;
  • delivering products or services;
  • administering accounts;
  • processing payments;
  • managing advertising and sponsorship;
  • managing contributors;
  • operating events;
  • understanding how our website is used;
  • improving our publications and services;
  • measuring audience engagement;
  • maintaining website security;
  • detecting fraud or misuse;
  • enforcing our legal rights;
  • protecting intellectual property;
  • maintaining records;
  • meeting legal and regulatory obligations; and
  • establishing, exercising or defending legal claims.

11. Legal Bases for Processing

Depending on the circumstances, we may rely on one or more of the following legal bases.

11.1 Consent

We may rely on your consent where you:

  • subscribe to newsletters or marketing communications where consent is required;
  • accept non-essential cookies;
  • permit advertising or tracking technologies;
  • provide information for a particular voluntary purpose; or
  • otherwise provide valid consent.

Where processing is based on consent, you may withdraw your consent at any time. Withdrawal does not affect processing that was lawful before consent was withdrawn.

11.2 Performance of a Contract

We may process information where it is necessary to provide a subscription, membership, event, report, product or other service you requested or to take steps at your request before entering into a contract.

11.3 Legitimate Interests

We may process personal data where this is necessary for our legitimate interests or those of another party and those interests are not overridden by your fundamental rights and freedoms.

These interests may include:

  • operating a media business;
  • journalism and editorial research;
  • freedom of expression and information;
  • responding to business enquiries;
  • understanding our audience;
  • improving our website;
  • protecting our systems;
  • preventing fraud;
  • protecting intellectual property;
  • maintaining business records;
  • managing professional relationships; and
  • establishing or defending legal claims.

11.4 Legal Obligations

We may process or retain information where necessary to comply with tax, accounting, regulatory, court, law-enforcement or other legal obligations.

12. Newsletters and Email Communications

If you subscribe to a Capital and Liquidity newsletter, we will use your information to provide that newsletter and manage your subscription.

Where prior consent is required, we will seek that consent before sending electronic marketing communications.

Consent will not be obtained through a pre-selected checkbox or merely by requiring acceptance of our Terms and Conditions.

Our communications will identify Capital and Liquidity or the relevant sender.

Every marketing newsletter will provide a practical way to unsubscribe.

You may also request removal by contacting:

[email protected]

13. Newsletter Analytics

Our email delivery systems may provide information about newsletter delivery and engagement.

Depending on the technology used and your privacy settings, this may include:

  • whether an email was delivered;
  • whether delivery failed;
  • whether links were clicked;
  • subscription preferences;
  • unsubscribe activity;
  • approximate engagement statistics; and
  • technical information necessary to operate and secure the email service.

Where applicable law requires consent for privacy-sensitive email tracking technologies, we will use those technologies only where we have an appropriate legal basis.

14. Direct Marketing

We may send information about Capital and Liquidity publications, newsletters, reports, events, subscriptions and related products or services where permitted by law.

You have the right to object to the use of your personal data for direct marketing at any time.

If you object, we will stop using your personal data for that direct-marketing purpose.

15. Cookies and Similar Technologies

Capital and Liquidity may use cookies and similar technologies to operate, protect, measure and improve our website.

A cookie is a small data file that may be stored on your browser or device when you visit a website.

Similar technologies may include:

  • pixels;
  • web beacons;
  • local storage;
  • software development kits;
  • scripts;
  • tags;
  • device identifiers; and
  • similar technologies.

References to "cookies" in this Policy also include comparable technologies where appropriate.

16. Types of Cookies We May Use

16.1 Strictly Necessary Cookies

These cookies are necessary for the operation, security or functionality of the website.

They may be used for purposes such as:

  • website security;
  • fraud prevention;
  • load balancing;
  • session management;
  • remembering privacy choices;
  • forms;
  • authentication; and
  • providing functionality specifically requested by the user.

Where applicable law permits, these cookies may be used without consent because the website could not properly provide the requested functionality without them.

16.2 Functional and Preference Cookies

These cookies may remember choices such as:

  • language;
  • display preferences;
  • saved settings;
  • login preferences; and
  • other personalised functionality.

Where these cookies are not strictly necessary, they will be handled in accordance with applicable consent requirements.

16.3 Analytics Cookies and Google Analytics

Capital and Liquidity uses Google Analytics 4 ("Google Analytics" or "GA4"), a website analytics service provided by Google, to help us understand how visitors use our website and publications.

Google Analytics may help us measure information such as:

  • the number of visitors to our website;
  • pages and articles viewed;
  • how visitors navigate through the website;
  • traffic sources and referring websites;
  • approximate geographic information;
  • device and browser information;
  • website and page performance;
  • session duration;
  • general audience engagement; and
  • other statistical information about use of Capital and Liquidity.

We use this information to understand our readership, measure the performance of our Content, improve the website, identify technical problems and make better editorial and business decisions.

Google Analytics may process information such as online identifiers, cookie identifiers, device information, browser information, usage information and IP-related technical information in connection with providing its analytics services.

Where required by applicable law, Google Analytics cookies and related analytics technologies will not be activated until you have provided the necessary consent through our cookie consent mechanism.

We may use Google Consent Mode or similar technology to communicate your consent choices to Google and to control how Google services operate according to those choices.

If you reject analytics cookies, we will respect that choice in accordance with our consent configuration and applicable law.

Google Analytics Cookies

Google Analytics 4 may use cookies including the following:

CookieProviderPurposeTypical Expiry
_ga Google Analytics Used to distinguish website visitors for analytics purposes. Up to 2 years
ga Google Analytics Used to maintain and persist session information for a Google Analytics property. Up to 2 years

The exact cookies, identifiers and expiry periods used may change as Google updates its services, browser technology changes or we modify our Analytics configuration.

We may configure Google Analytics to reduce unnecessary collection of personal data and will seek to use privacy and consent controls appropriate to our audience and applicable law.

Google may process data on infrastructure located outside the Netherlands or the European Economic Area. Where international transfers of personal data occur, they are subject to the safeguards described in the International Data Transfers section of this Policy.

Further information about how Google processes information collected through its services is available in Google's own privacy documentation.

16.4 Advertising and Tracking Cookies

Capital and Liquidity may operate an advertising-supported media business.

Advertising and tracking technologies may be used to:

  • deliver advertising;
  • measure advertising effectiveness;
  • limit repeated advertising;
  • create audience segments;
  • measure conversions;
  • understand campaign performance;
  • support sponsored campaigns; and
  • where permitted, personalise advertising.

Where prior consent is legally required, advertising or tracking cookies will not be activated until that consent has been obtained.

16.5 Social Media Cookies

Our website may contain social media sharing functions or embedded content provided by third-party social networks.

Those providers may use cookies or similar technologies when their features are activated.

Non-essential social-media tracking technologies will be subject to applicable consent requirements.

16.6 Video, Audio and Embedded Content

Articles may contain third-party:

  • videos;
  • podcasts;
  • charts;
  • social media posts;
  • interactive tools;
  • maps;
  • documents; or
  • other embedded content.

These third parties may receive technical information when embedded content is loaded.

Where loading the content would activate non-essential tracking technologies, we may require consent before the content is activated.

17. Cookie Consent

Where required by applicable law, we will request your consent before storing or accessing non-essential cookies or similar technologies on your device.

Our cookie consent mechanism may allow you to:

  • accept optional cookies;
  • reject optional cookies;
  • choose between categories of cookies;
  • change your preferences; and
  • withdraw consent.

Rejecting non-essential cookies should not prevent basic access to publicly available editorial Content unless a particular feature genuinely requires the relevant technology.

18. Changing Your Cookie Preferences

You may change or withdraw your cookie preferences through our cookie settings where available.

You may also control cookies through your browser settings.

Blocking all cookies may affect certain website features, particularly functions requiring essential session or preference information.

19. Cookie Duration

Cookies may be either:

  • session cookies, which generally expire when you close your browser; or
  • persistent cookies, which remain for a specified period or until deleted.

The duration of individual cookies depends on their purpose and the service that provides them.

Where required, further information about individual cookies, providers and expiry periods will be made available through our cookie settings, consent-management system or a cookie schedule associated with this Policy.

20. Third-Party Cookies

Some technologies used on Capital and Liquidity may be provided by third parties.

Depending on the services enabled on the website, these may include providers involved in:

  • website infrastructure;
  • analytics;
  • content delivery;
  • video hosting;
  • advertising;
  • social media;
  • email delivery;
  • customer relationship management;
  • payment processing;
  • security; and
  • other technology services.

Where third parties act as independent controllers, their own privacy policies may also apply.

Google

We use certain services provided by Google, including Google Analytics 4, for website analytics and audience measurement.

Google may receive technical, device, usage and online identifier information when these services are enabled.

Where consent is required, these services will be configured to respect the consent choices communicated through our cookie consent system.

21. Affiliate Links

Capital and Liquidity may from time to time use affiliate or referral links.

If you follow an affiliate link, a third party may receive information necessary to identify that a referral came from Capital and Liquidity.

Where cookies or tracking technologies are used for affiliate attribution and consent is required by law, those technologies will be subject to appropriate consent controls.

22. Analytics and Audience Measurement

As a media business, understanding our audience is important to how we operate Capital and Liquidity.

We use analytics tools, including Google Analytics 4, to help us understand which articles and topics readers engage with, how readers discover Capital and Liquidity and how our website performs.

We may analyse information including:

  • audience size;
  • article and page performance;
  • visitor and session numbers;
  • subscriber growth;
  • reader engagement;
  • traffic sources;
  • referring websites;
  • general geographic distribution;
  • device and browser categories;
  • newsletter performance;
  • website performance; and
  • general audience trends.

We use this information to improve our journalism, understand reader interests, develop new Content and services, improve website performance and understand the growth and performance of Capital and Liquidity as a publication.

Where reasonably possible, we use aggregated, statistical, pseudonymised or privacy-reduced information for audience measurement and reporting.

Where applicable law requires consent for analytics technologies, we will obtain that consent before activating those technologies.

23. Advertising and Audience Information

Capital and Liquidity may provide advertisers or commercial partners with aggregated information about our audience and publication performance.

This could include information such as:

  • total readership;
  • general industry categories;
  • general geographic distribution;
  • campaign impressions;
  • click statistics;
  • subscriber numbers; and
  • aggregated engagement statistics.

We do not disclose personally identifiable subscriber lists to advertisers merely because they advertise with Capital and Liquidity.

If a campaign involves the sharing of personal data with a commercial partner, we will provide appropriate information and obtain consent where legally required.

24. Sharing Personal Data

We may disclose personal data where reasonably necessary to:

  • service providers processing information on our behalf;
  • website and infrastructure providers;
  • hosting providers;
  • CRM and communication providers;
  • email delivery services;
  • analytics providers;
  • payment processors;
  • accountants;
  • lawyers and professional advisers;
  • security providers;
  • contractors assisting with our operations;
  • advertising or technology providers where properly authorised;
  • regulators or authorities where legally required;
  • courts or law-enforcement bodies where legally required; or
  • other parties where you have authorised disclosure.

Where a provider processes personal data on our behalf, we seek to use appropriate contractual and data-protection safeguards.

25. We Do Not Sell Subscriber Lists

Capital and Liquidity does not sell its newsletter subscriber database or contact list as a standalone commercial mailing list.

This does not prevent us from:

  • using processors to operate our services;
  • working with advertising technology providers with appropriate consent;
  • providing aggregated audience information;
  • engaging in legitimate business transfers; or
  • sharing information where legally required.

26. Business Transfers

If Batchmore B.V., Capital and Liquidity or relevant assets are involved in a merger, acquisition, restructuring, financing, sale, investment, transfer or similar corporate transaction, personal data may be disclosed to advisers, potential counterparties and successors where reasonably necessary and legally permitted.

Any successor receiving personal data will remain subject to applicable data protection obligations.

27. International Data Transfers

Some service providers may process personal data outside the Netherlands or outside the European Economic Area ("EEA").

Where personal data is transferred outside the EEA, we will seek to use a lawful transfer mechanism where required.

This may include:

  • an adequacy decision adopted by the European Commission;
  • European Commission Standard Contractual Clauses;
  • appropriate contractual safeguards;
  • another legally recognised transfer mechanism; or
  • a permitted derogation in appropriate circumstances.

28. Data Security

We take reasonable technical and organisational measures designed to protect personal data against:

  • unauthorised access;
  • unlawful processing;
  • accidental loss;
  • alteration;
  • misuse;
  • destruction; and
  • unauthorised disclosure.

Measures may include, where appropriate:

  • access controls;
  • authentication;
  • encryption;
  • secure hosting;
  • system monitoring;
  • backups;
  • staff access restrictions;
  • vendor controls; and
  • security policies and procedures.

No internet-based system can be guaranteed to be completely secure, and we cannot guarantee absolute security.

29. Data Breaches

If a personal data breach occurs, we will assess the incident and take appropriate steps in accordance with applicable data protection law.

Where legally required, this may include notifying the competent supervisory authority and affected individuals.

30. How Long We Keep Personal Data

We retain personal data only for as long as reasonably necessary for the purpose for which it was collected, subject to legal, regulatory, accounting, journalistic and business requirements.

30.1 Newsletter Data

Newsletter subscription information will generally be retained while your subscription remains active.

If you unsubscribe, we may retain limited information necessary to:

  • record your unsubscribe request;
  • prevent accidental resubscription;
  • demonstrate compliance with electronic marketing rules; and
  • establish or defend legal claims.

30.2 Enquiries and Correspondence

Ordinary correspondence may be retained for a reasonable period after the matter is concluded where necessary for administration, continuity, dispute resolution or legal purposes.

30.3 Commercial and Accounting Information

Accounting, invoice and other information subject to Dutch statutory recordkeeping requirements may be retained for the legally required period, which is generally seven years for basic business administration records and may be longer in specific circumstances.

30.4 Editorial Archives

Articles, research files, interviews, source material, editorial records and published archives may be retained for substantially longer periods or indefinitely where reasonably necessary for legitimate journalistic, historical, evidential or archival purposes.

The retention of editorial information may be subject to journalistic protections under applicable law.

30.5 Security Records

Security and technical logs may be retained for an appropriate period necessary to protect our website, investigate incidents and prevent misuse.

31. Your Data Protection Rights

Subject to applicable law and any lawful exceptions, you may have rights including:

  • the right to be informed about processing;
  • the right to access your personal data;
  • the right to correct inaccurate personal data;
  • the right to request deletion of personal data;
  • the right to restrict certain processing;
  • the right to object to certain processing;
  • the right to data portability in applicable circumstances;
  • the right to withdraw consent;
  • the right to object to direct marketing; and
  • rights concerning certain automated decisions.

These rights are not absolute and may be subject to legal exceptions.

32. Rights Relating to Journalistic Material

Data protection rights may operate differently where personal data is processed exclusively for journalistic purposes.

For example, applicable Dutch law may limit certain rights where necessary to protect journalism, freedom of expression, freedom of information, confidential sources or legitimate editorial archives.

A request concerning information contained in an article, investigation or editorial archive will therefore be assessed in light of both privacy rights and applicable rights relating to journalism and freedom of expression.

33. Exercising Your Rights

To make a privacy request, contact:

[email protected]

Please provide enough information for us to understand and process your request.

We may request reasonable evidence of identity where necessary to prevent unauthorised disclosure or deletion of personal data.

Where the GDPR applies, we will generally respond without undue delay and within one month, subject to extensions permitted by law for complex or numerous requests.

34. Right to Object to Direct Marketing

You may object to direct marketing at any time.

The easiest way to stop newsletter marketing is to use the unsubscribe link contained in the relevant message.

You may also contact:

[email protected]

35. Complaints

If you believe we have processed your personal data unlawfully, we encourage you to contact us first so that we can investigate the matter.

You also have the right, where applicable, to lodge a complaint with the competent data-protection supervisory authority.

For Batchmore B.V. in the Netherlands, the relevant supervisory authority is the Autoriteit Persoonsgegevens.

36. Children

Capital and Liquidity is directed primarily at founders, investors, executives, business professionals and other adult readers.

Our services are not designed specifically for children.

We do not knowingly seek to collect personal data from children through ordinary newsletter or commercial services without an appropriate legal basis.

This does not prevent us from processing information relating to minors where legitimately necessary in connection with journalism and permitted by applicable law.

37. Automated Decision-Making and Profiling

We may use automated systems to assist with activities such as:

  • audience segmentation;
  • spam prevention;
  • security;
  • content recommendations;
  • analytics;
  • newsletter management; and
  • marketing optimisation.

We do not intend to make decisions based solely on automated processing that produce legal effects or similarly significant effects on individuals unless an appropriate legal basis exists and applicable safeguards are provided.

38. Artificial Intelligence

Capital and Liquidity may use artificial intelligence and automated tools to assist with research, transcription, analysis, editing, content management, search, administration, audience analysis and other operational activities.

Where personal data is processed through an AI or technology provider, we will seek to use the technology in accordance with applicable privacy and data-protection requirements.

We do not intentionally submit confidential personal information to public AI systems for unrestricted use where doing so would conflict with our legal, contractual or journalistic obligations.

39. Social Media

Capital and Liquidity may maintain accounts on third-party social media platforms.

If you interact with us through those platforms, the platform operator may process information independently under its own terms and privacy policy.

We may receive information about interactions with our pages, posts or advertisements as made available by the relevant platform.

40. External Websites

Our publications may link to third-party websites.

We do not control the privacy practices of third-party websites and this Privacy Policy does not govern information collected independently by those organisations.

You should review the privacy information provided by those third parties.

41. Public Comments and Information

If Capital and Liquidity introduces comments, community features or other public contribution tools, information you submit publicly may be visible to other users and could be indexed, copied or shared by third parties.

You should avoid publishing confidential or sensitive personal information in public areas unless you intend it to be public.

42. Changes to Our Technology Providers

We may change technology, analytics, infrastructure, advertising, email, CRM, payment or other service providers over time.

Where those changes materially affect how personal data is processed, we will update this Policy or our cookie information as appropriate.

43. Changes to This Privacy & Cookie Policy

We may update this Policy from time to time to reflect:

  • changes to our publication;
  • new services;
  • new technologies;
  • changes to our business model;
  • new advertising or analytics services;
  • changes to applicable law; or
  • changes to our privacy practices.

The date at the top of this page indicates when this Policy was last updated.

Where legally required, we will provide additional notice of material changes.

44. Relationship With Other Policies

This Privacy & Cookie Policy should be read together with our:

  • Terms of Use and Newsletter Terms;
  • Editorial policies;
  • Financial and investment disclaimers;
  • subscription terms where applicable; and
  • any other specific notices presented when personal data is collected.

45. Contact Us

For privacy, cookie, editorial or data-protection enquiries:

Capital and Liquidity [email protected] capitalandliquidity.com

Company and Legal Correspondence

Batchmore B.V. t/a Capital and Liquidity KvK: 75109123 BTW: NL860145682B01 [email protected]

Visiting Address

Papaverweg 34 - unit B100 1032 KJ Amsterdam The Netherlands

Postal Address

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