1. Introduction

These Website Standard Terms And Conditions (these “Terms” or these “Website Standard Terms And Conditions”) contained herein on this webpage, shall govern your use of this website, including all pages within this website (collectively referred to herein below as this “Website”). These Terms apply in full force and effect to your use of this Website and by using this Website, you expressly accept all terms and conditions contained herein in full. You must not use this Website, if you have any objection to any of these Website Standard Terms And Conditions.

This Website is not for use by any minors (defined as those who are not at least 18 years of age), and you must not use this Website if you are a minor.

2. Intellectual Property Rights

Other than content you own, which you may have opted to include on this Website, under these Terms, FERUNION-TECHNIC kft and/or its licensors own all rights to the intellectual property and material contained in this Website, and all such rights are reserved. You are granted a limited license only, subject to the restrictions provided in these Terms, for purposes of viewing the material contained on this Website.

3. Restrictions

You are expressly and emphatically restricted from all of the following:

• Publishing any Website material in any media;
• Selling, sublicensing and/or otherwise commercializing any Website material;
• Publicly performing and/or showing any Website material;
• Using this Website in any way that is, or may be, damaging to this Website;
• Using this Website in any way that impacts user access to this Website;
• Using this Website contrary to applicable laws and regulations, or in a way that causes, or may cause, harm to the Website, or to any person or business entity;
• Engaging in any data mining, data harvesting, data extracting or any other similar activity in relation to this Website, or while using this Website;
• Using this Website to engage in any advertising or marketing;

Certain areas of this Website are restricted from access by you and FERUNION-TECHNIC kft may further restrict access by you to any areas of this Website, at any time, in its sole and absolute discretion. Any user ID and password you may have for this Website are confidential and you must maintain confidentiality of such information.

4. Your Content

In these Website Standard Terms And Conditions, “Your Content” shall mean any audio, video, text, images or other material you choose to display on this Website. With respect to Your Content, by displaying it, you grant FERUNION-TECHNIC kft a non-exclusive, worldwide, irrevocable, royalty-free, sublicensable license to use, reproduce, adapt, publish, translate and distribute it in any and all media.

Your Content must be your own and must not be infringing on any third party’s rights. FERUNION-TECHNIC kft reserves the right to remove any of Your Content from this Website at any time, and for any reason, without notice.

5. No warranties

This Website is provided “as is,” with all faults, and FERUNION-TECHNIC kft makes no express or implied representations or warranties, of any kind related to this Website or the materials contained on this Website. Additionally, nothing contained on this Website shall be construed as providing consult or advice to you.

6. Limitation of liability

In no event shall FERUNION-TECHNIC kft , nor any of its officers, directors and employees, be liable to you for anything arising out of or in any way connected with your use of this Website, whether such liability is under contract, tort or otherwise, and FERUNION-TECHNIC kft , including its officers, directors and employees shall not be liable for any indirect, consequential or special liability arising out of or in any way related to your use of this Website.

7. Indemnification

You hereby indemnify to the fullest extent FERUNION-TECHNIC kft from and against any and all liabilities, costs, demands, causes of action, damages and expenses (including reasonable attorney’s fees) arising out of or in any way related to your breach of any of the provisions of these Terms.

8. Severability

If any provision of these Terms is found to be unenforceable or invalid under any applicable law, such unenforceability or invalidity shall not render these Terms unenforceable or invalid as a whole, and such provisions shall be deleted without affecting the remaining provisions herein.

9. Variation of Terms

FERUNION-TECHNIC kft is permitted to revise these Terms at any time as it sees fit, and by using this Website you are expected to review such Terms on a regular basis to ensure you understand all terms and conditions governing use of this Website.

10. Assignment

FERUNION-TECHNIC kft shall be permitted to assign, transfer, and subcontract its rights and/or obligations under these Terms without any notification or consent required. However, .you shall not be permitted to assign, transfer, or subcontract any of your rights and/or obligations under these Terms.

11. Anti-Money Laundering (AML) Policy

It is the policy of FERUNION-TECHNIC kft to prohibit and actively prevent money laundering and any activity that facilitates money laundering or the funding of terrorist or criminal activities by complying with all applicable requirements under the Bank Secrecy and its implementing regulations.

Money laundering is generally defined as “engaging in acts designed to conceal or disguise the true origins of criminally derived proceeds so that the proceeds appear to have derived from legitimate origins or constitute legitimate assets.” Generally, money laundering occurs in three stages. Illicit proceeds first enter the financial system at the "placement" stage, where funds generated from criminal activities are converted into monetary instruments, such as money orders or traveler's checks, or deposited into accounts at financial institutions. At the "layering" stage, the funds are transferred or moved into other assets, accounts, or other financial institutions to further separate the money from its criminal origin. At the "integration" stage, the funds are reintroduced into the economy and used to purchase legitimate assets or to fund other criminal activities or legitimate businesses.

Terrorist financing may not involve the proceeds of criminal conduct, but rather an attempt to conceal either the origin of the funds or their intended use, which could be for criminal purposes. Legitimate sources of funds are a key difference between terrorist financiers and traditional criminal organizations. In addition to charitable donations, legitimate sources include foreign government sponsors, business ownership, and personal employment. Although the motivation differs between traditional money launderers and terrorist financiers, the actual methods used to fund terrorist operations can be the same as or similar to methods used by other criminals to launder funds. Funding for terrorist attacks does not always require large sums of money and the associated transactions may not be complex.

Ferunion Technic kft AML policies and internal controls are designed to ensure compliance with all applicable regulations and will be reviewed and updated on a regular basis to account for changes in regulations and changes in Ferunion Technic kft’s business model.

12. Anti Money Laundering (AML)

Services are provided in accordance with applicable customer identification procedures in relation to special Anti Money Laundering (AML) / Combating the Financing of Terrorism (CTF) programs.

13. Entire Agreement

These Terms, including any legal notices and disclaimers contained on this Website, constitute the entire agreement between FERUNION-TECHNIC kft and you in relation to your use of this Website, and supersede all prior agreements and understandings with respect to the same.

You shall ensure the security of data you transfer to www.feruniontech.com. We immediately inform you if, in our opinion, you infringe GDPR protection provisions. You assume full liability for failures to meet the GDPR in cases when it is envisaged by these Terms of Use or General Data Protection Regulation.