Last updated: May 12, 2025
The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or plural.
For the purposes of this Privacy Policy:
Under PDPA, You can be referred to as the Data Subject as you are the individual using the Service.
IRIS is committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your personal data in compliance with Malaysian data protection laws, including the Personal Data Protection Act 2010 (PDPA) and its amendments, when You use our Service (Website and Portal (IRIS INSTANT)) and tells You about Your privacy rights and how the law protects You.
We use Your Personal data to provide and improve the Service. By using the Service, You consent to the practices described for collection and use of Your information in accordance with this Privacy Policy.
While using Our Service, We may ask You to provide Us with certain personally identifiable information that can be used to contact or identify You. Personally identifiable information may include, but is not limited to:
We may use your information for the following purposes:
We may share Your personal information in the following situations:
We retain Your Personal Data only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use Your Personal Data to the extent necessary to comply with our legal obligations (for example, if we are required to retain your data to comply with applicable laws), resolve disputes, and enforce our legal agreements and policies.
The Company will also retain Usage Data for internal analysis purposes. Usage Data is generally retained for a shorter period of time, except when this data is used to strengthen the security or to improve the functionality of Our Service, or We are legally obligated to retain this data for longer time periods.
In accordance with Malaysian legal requirements and MBRS guidelines, we retain:
Your information, including Personal Data, is processed at the Company’s operating offices and in any other places where the parties involved in the processing or storage are located. It means that this information may be transferred to — and maintained on — computers located outside of Your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those from Your jurisdiction.
The Company will take all steps reasonably necessary to ensure that Your data is treated securely and in accordance with this Privacy Policy and no transfer of Your Personal Data will take place to an organization or a country unless there are adequate controls in place including the security of Your data and other personal information. We may share your information with:
We do not sell your personal data to third parties. Your data may be shared with your consent or as required by law, for purposes such as:
If the Company is involved in a merger, acquisition or asset sale, Your Personal Data may be transferred. We will provide notice before Your Personal Data is transferred and becomes subject to a different Privacy Policy.
Under certain circumstances, the Company may be required to disclose Your Personal Data if required to do so by law or in response to valid requests by public authorities (e.g. a court or a government agency).
The Company may disclose Your Personal Data in the good faith belief that such action is necessary to:
The data related to the use of Service (Portal) is primarily stored, processed, and backed up for disaster recovery purposes on secure servers in Singapore. We ensure that any international data transfers comply with applicable data protection laws and implement appropriate safeguards. Your consent to this Privacy Policy followed by Your submission of such information represents Your agreement to that transfer.
Under Malaysian data protection laws, You have the right to:
Our Service may give You the ability to delete certain information about You from within the Service.
You may update, amend, or delete Your information at any time by signing in to Your Account, if you have one, and visiting the account settings section that allows you to manage Your personal information.
You may also contact Us using the information provided at the end of this policy to request access to, correct, or delete any personal information that You have provided to Us.
Please note, however, that We may need to retain certain information when we have a legal obligation or lawful basis to do so.
The security of Your Personal Data is important to Us, but remember that no method of transmission over the Internet, or method of electronic storage is 100% secure.
While We strive to use commercially acceptable means to protect Your Personal Data, We cannot guarantee its absolute security. We implement industry-standard security measures to protect your data, including:
Usage Data is collected automatically when using the Service.
Usage Data may include information such as Your Device’s Internet Protocol address (e.g. IP address), browser type, browser version, the pages of our Service that You visit, the time and date of Your visit, the time spent on those pages, unique device identifiers and other diagnostic data.
When You access the Service by or through a mobile device, We may collect certain information automatically, including, but not limited to, the type of mobile device You use, Your mobile device’s unique ID, the IP address of Your mobile device, Your mobile operating system, the type of mobile Internet browser You use, unique device identifiers and other diagnostic data.
We may also collect information that Your browser sends whenever You visit our Service or when You access the Service by or through a mobile device.
We use cookies and similar tracking technologies to enhance your experience on our Service and to improve and analyze our Service. You can manage your cookie preferences through your browser settings.
Tracking technologies used are beacons, tags, and scripts to collect and track activity/information:
Cookies can be “Persistent” or “Session” Cookies. Persistent Cookies remain on Your personal computer or mobile device when You go offline, while Session Cookies are deleted as soon as You close Your web browser. You can learn more about cookies through this TermsFeed article.
We use both Session and Persistent Cookies for the purposes set out below:
For more information about the cookies we use and your choices regarding cookies, please visit our Cookies Policy or the Cookies section of our Privacy Policy.
Detailed Information on the Processing of Your Personal Data
The Service Providers We use may have access to Your Personal Data. These third-party vendors collect, store, use, process, and transfer information about Your activity on Our Service in accordance with their Privacy Policies.
We may use third-party Service providers to monitor and analyze the use of our Service.
The Company uses remarketing services to advertise to You after You accessed or visited our Service. We and Our third-party vendors use cookies and non-cookie technologies to help Us recognize Your Device and understand how You use our Service so that We can improve our Service to reflect Your interests and serve You advertisements that are likely to be of more interest to You.
These third-party vendors collect, store, use, process, and transfer information about Your activity on Our Service in accordance with their Privacy Policies and to enable Us to:
Some of these third-party vendors may use non-cookie technologies that may not be impacted by browser settings that block cookies. Your browser may not permit You to block such technologies. You can use the following third-party tools to decline the collection and use of information for the purpose of serving You interest-based advertising:
You may opt out of all personalized advertising by enabling privacy features on Your mobile device such as Limit Ad Tracking (iOS) and Opt Out of Ads Personalization (Android). See Your mobile device Help system for more information.
We may share information, such as hashed email addresses (if available) or other online identifiers collected on Our Service with these third-party vendors. This allows Our third-party vendors to recognize and deliver Your ads across devices and browsers. To read more about the technologies used by these third-party vendors and their cross-device capabilities please refer to the Privacy Policy of each vendor listed below.
The third-party vendors We use are:
Our Service does not address anyone under the age of 13. We do not knowingly collect personally identifiable information from anyone under the age of 13. If You are a parent or guardian and You are aware that Your child has provided Us with Personal Data, please contact Us. If We become aware that We have collected Personal Data from anyone under the age of 13 without verification of parental consent, We take steps to remove that information from Our servers.
If We need to rely on consent as a legal basis for processing Your information and Your country requires consent from a parent, We may require Your parent’s consent before We collect and use that information.
Our Service may contain links to other websites that are not operated by Us. If You click on a third-party link, You will be directed to that third-party’s site. We strongly advise You to review the Privacy Policy of every site You visit.
We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services
In the event of a data breach that affects your personal information, we will notify you and the relevant authorities in accordance with Malaysian law and our incident response procedures.
Compliance with Malaysian E-Invoicing Regulations
IRIS complies with all relevant e-invoicing regulations set forth by MBRS and the Malaysian government. We ensure that all e-invoice data is securely stored, processed, and transmitted in accordance with these regulations.
We may update this Privacy Policy from time to time to reflect changes in our practices or for legal reasons. We will notify you of any material changes via email or a prominent notice on Our Service or by posting the new Privacy Policy on this page and updating the “Last Updated” date.
You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.
If you have any questions about this Privacy Policy or our data practices, please contact us by:
Email: [email protected]
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SCHEDULE 1
IRIS INSTANT PLATFORM
IRIS INSTANT is an innovative, AI-powered platform designed to transform financial reporting processes by automating the extraction, validation, and conversion of financial statements into XBRL files. By leveraging advanced artificial intelligence capabilities, IRIS Instant streamlines the traditionally manual, time-consuming, and error-prone financial reporting workflow.
“Expert Assisted Services means services performed by domain experts of IRIS as requested by the End Company for Subscribed Module(s) on IRIS INSTANT Platform, and may include Customized Training / Workshops, Document Onboarding, Document roll forward, Ongoing / ad-hoc support, XBRL expert assistance.
Please Check your Order Form / contract, and /or check with IRIS or Reseller (where applicable) for details of Expert Assisted Services that you are eligible for based on the Modules that you have subscribed to.
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