5. Rights and Obligations of the Company5.1. The Company has the right to:5.1.1. Modify any software on the Website, suspend the Website's operation in the event of significant malfunctions, errors, or failures, and take actions to maintain the Website and prevent unauthorized access.
5.1.2. Use the User’s personal information provided by the User in any manner that complies with applicable law.
5.1.3. Assist the User during the process of completing, confirming, or paying for Event participation, including directly contacting the User via the email address or phone number provided during registration on the Website.
5.1.4. Unilaterally change the terms of this Offer at any time without prior notice to the User by publishing updates on the Website no later than three business days from the date of adoption. The Company recommends that Users regularly review the terms of this Offer for updates and additions. Continued use of the Website by the User after the Company has introduced changes or additions to the Offer constitutes unconditional acceptance and agreement by the User with those changes or additions.
5.1.5. Assign or otherwise transfer its rights and obligations arising from its relationship with the User to third parties, provided the rights and interests of the User as stipulated by law are upheld.
5.1.6. In the event of a User's violation of the terms of this Offer, the Company reserves the right to block the User’s account or otherwise restrict access to the Website, with or without notification via email or through the User's Personal Page.
5.2. The Company is obligated to:Inform the User about the status of their Application and the successful payment for Event participation. Confirmation of this notification is deemed provided once an email containing the relevant information is sent to the User’s registered email address.
5.3. The Company is not obligated to:Perform updates, improvements, or enhancements to the Website or make any other operational changes. The Company reserves the right at any time and for any reason to modify, discontinue, or suspend the operation of the Website, determine the Website's functionality and limitations, and introduce or change rules for its use.
5.4. Responsibility for User Data:The Company is responsible for the storage and processing of the User's personal data and ensures the confidentiality of this data during processing, in accordance with this Agreement, the Company’s Privacy Policy, and applicable laws, as outlined in Section 8 of this Agreement.
5.5. Limitation of Responsibility:The Company is not responsible for the disclosure of information provided by the User on publicly accessible pages of the Website.
6. Terms of Access to Events 6.1. The User gains access to the Website’s services and Events provided they have the technical capability to use this access.
6.2. The Company reserves the right to modify the web application that facilitates data exchange (the web interface for Events) and the Event software, as well as change the technical and software requirements for accessing services. These changes will be governed by this Agreement unless explicitly stated otherwise by the Company.
6.3. Information about specific Events, their functional components, access terms, technical requirements, or other related details is deemed duly provided to the User if this information is:
- 6.3.1. Published on the Company’s Website;
- 6.3.2. Included in this Agreement at the time of its conclusion;
- 6.3.3. Sent via email to the User's registered email address;
- 6.3.4. Printed in the Company’s promotional and informational materials;
- 6.3.5. Provided in response to inquiries made by the User using the Company’s contact details;
- 6.3.6. Communicated through other methods available to the Company, including via mass media (advertising).
6.4. The User’s access to participate in an Event listed on the Website is granted only after 100% prepayment of the participation fee, as specified in this Agreement, on the Website, or communicated to the User by other means.
6.5. Participation in an Event is confirmed through the completion of an Application, which involves the following steps:
- (I) Clicking on the informational window of the chosen Event;
- (II) Navigating to the Event’s page on the Website;
- (III) Clicking the “Register” button; and
- (IV) Paying for participation using one of the methods defined by the Company or Organizer.
- Payment must be made within 30 (thirty) days of submitting the Application, but no later than the start of the Event.
6.6. Access to an Event is granted to the User through an email sent to their registered email address. Additionally, information about planned and completed Events will be displayed on the User’s Personal Page in the "Personal Events" section. Access to the Personal Page requires entering the User’s email address (or login) and password, followed by clicking "Log In."
6.7. Submitting an Application via the Website is confirmed through the system logs of connection and billing controls integrated into the Website. Any actions by the User related to subscribing to or withdrawing an Application hold equal legal validity, provided both parties have entered into a written agreement.
6.8. Unless otherwise stipulated in this Agreement, the records on the Company’s Website servers are sufficient proof of the actions taken by the User, regardless of the method or device used.
6.9. The time of any actions (transactions) under this Agreement is determined according to British time, based on server logs ensuring the Website’s operation, unless an alternative time standard is specified in agreements between the parties.
6.10. If the User does not receive Event Access after completing payment but no later than the Event start date, they must contact the Company’s support team via the contact number listed on the Website.
6.11. The Company reserves the right to revoke the User’s participation in an Event without refund if the User violates Event rules. Violations include publishing comments or other content prohibited by Clause 4.3.1 of this Agreement, such as content inciting conflict, using profanity, insulting other participants or the Lecturer, or posting irrelevant or promotional content.
6.12. The Company reserves the right to revoke the User’s participation in an Event if the User is found to have shared access credentials (e.g., unique URL links) with third parties or disseminated information or materials obtained from the Event. Such materials may only be used for personal purposes by the User. Event Access is limited to one viewer per unique link.
6.13. The possibility of canceling or rescheduling an Event is solely at the discretion of the Lecturer. The Company bears no responsibility for the Lecturer’s failure or improper performance of their obligations.
6.14. If an Event is canceled due to the Lecturer’s fault, or if the User withdraws from an Event due to its rescheduling by the Lecturer, the Lecturer must refund the full participation fee paid by the User.
6.15. If the User withdraws from an Event for reasons beyond the Company’s/Organizer’s/Lecturer’s control, the participation fee is non-refundable.
6.16. The Company’s Website may contain links to other Internet resources. By accepting this Offer, the User acknowledges that the Company is not responsible for the availability, content, or consequences of using such resources.
7. Price, Payment Procedure, and Payment Methods7.1. Payments for access to Event Content, available for paid access on the Website, are made directly between the User and the Company/Organizer.
7.2. The Company reserves the right to collect payments from Users for the use of specific Website Content, intellectual property rights, or licenses owned by the Company, as well as for Events organized directly by the Company.
7.3. The participation fee for each Event is listed on the Website at the time Applications for the specific Event open or communicated to the User via email.
7.4. The User transfers the participation fee to the Company/Organizer as a 100% prepayment.
7.5. Non-resident Users must make payments in the currency specified in the invoice issued by the Company/Organizer. Any bank fees charged by the User’s bank or intermediary banks must be paid by the User.
7.6. The payment method is determined by the Company/Organizer and communicated to the User via email or another method chosen by the Organizer.
7.7. The User independently selects a convenient payment method from those available on the Website at the time of payment. Payment methods not specified or available on the Website cannot be used for payment confirmation.
7.8. The Company may offer one or multiple payment methods and reserves the right to change or remove any payment methods on the Website at any time without prior notification or amendments to this Agreement.
7.9. When selecting the card payment method, the User provides payment card details, including the card number, expiration date, CVC/CVV code, and cardholder name. The User consents to the processing of their personal and payment data by the Company/Organizer/Payment System for processing the payment for the selected Event.
7.10. By selecting and confirming a payment method, the User authorizes the Company/Organizer/Payment System to charge the full Event participation fee from their specified payment card/bank account. This includes applicable transaction fees, surcharges for currency conversion, and exchange rate differences. Additionally, the User authorizes these parties to use payment and personal data for:
- (i) Processing the Event participation fee;
- (ii) Handling refunds, if necessary;
- (iii) Other purposes required to fulfill the terms of this Agreement.
- The User acknowledges and agrees that the Company may not be aware of additional transaction processing fees at the time of payment.
7.11. The Company may request, and the User must provide, a bank statement to resolve financial disputes related to payment for Event participation, refunds as required by law, or other financial issues.
7.12. When an Application is created/submitted, funds on the User’s payment card may be temporarily blocked before being charged. Charges may be processed by the Company or the Organizer. The User must ensure that their payment card can be charged at any time by removing any restrictions or limits imposed by the issuing bank before the funds are deducted.
7.13. The payment date is considered the date when funds are credited to the recipient’s bank account.
7.14. If the Event is canceled due to the Company’s fault, the funds received from the User for participation in such an Event will be refunded within 30 days of the Event cancellation or credited toward the payment for another Event.
8. Personal DataConsidering that the Company becomes aware of the User's personal data upon entering into this Agreement, and in order to comply with the provisions of the Legislation, the User, by joining this Agreement (accepting the Offer), confirms that they are familiar with the Company's Privacy and Personal Data Protection Policy, the text of which is posted on the Company's Website at: http://fibata.eu/privacy-policy. The User fully understands their rights and obligations arising from this Policy and the Legislation, the guarantees provided by the Company, and the responsibilities of both the Company and the User arising from this Policy, and accepts the terms of this Policy.
9. Intellectual Property Rights9.1. The Website Content and Event Content are the intellectual property of the Company or are used by the Company based on properly executed consent from third parties and are protected in accordance with the Legislation. The distribution by the User of any information obtained at the Event for commercial purposes without obtaining the Company's direct consent for such actions is prohibited.
9.2. Providing the User with access to the Website pages does not imply that the User is granted any license to use the Company's intellectual property. All rights, except those explicitly granted to the User by this Agreement, are reserved by the Company.
9.3. Any software available for download on the Website is the intellectual property of the Company and/or its partners. The use of Event software is governed by the terms of the license agreement, which is provided to the User for acceptance upon downloading such software. If a license agreement for the use of Event software is not provided to the User, the Company grants the User the right to use the Event software solely for the User's personal non-commercial use, with the fee for using such Event software included in the cost of participating in the Event. All rights to the Event software, including copyright and other exclusive rights regarding such software, are reserved by the Company and/or the manufacturer of the Event software.
10. Liability of the Parties10.1. The Company's liability under this Agreement is limited by setting a maximum amount of damages to be compensated. This maximum amount of damages cannot, in any case, exceed the cost of participation in the Event conducted using the Website. The Company is not liable for indirect or consequential damages, lost profits, loss of business reputation of the User, and other similar losses.
10.2. The information posted on the Website regarding a specific Event, as well as the Event Content, is added to the Website by the Company. The Company is not responsible for the accuracy, precision, completeness, or quality of any information published by the Lecturer and/or third parties on the Website. The Company does not endorse or confirm any information posted by the Lecturer and/or third parties on the Website. The User understands and agrees that by using the Website, they may receive information that is subjective, evaluative, and controversial in nature.
10.3. The Company is not responsible for the Lecturer's non-compliance with the terms of conducting Events, as the responsibility for conducting Events lies entirely with the Lecturer.
10.4. The Company does not verify the information posted by the Lecturer and cannot guarantee the complete absence of inaccuracies in it. Therefore, the Company is not liable to the User for any erroneous and/or inaccurate data about the Event, nor for any harm and/or losses caused to the User due to errors or inaccuracies in the information received by the User.
10.5. If the User, for reasons beyond the Company's control, does not exercise their right to participate in the Events, the Company's obligations are considered duly fulfilled, to the agreed extent, and on time, and the funds paid by the User are non-refundable.
11. Force Majeure11.1. The Parties are released from liability for partial or complete non-fulfillment of their obligations under this Agreement if their performance is hindered by extraordinary and unavoidable circumstances (force majeure), including but not limited to: acts of war, riots, or sabotage; natural disasters; power outages, internet or telecommunications failures; or government restrictions. In such cases, the time for fulfilling obligations under the Agreement is extended proportionally to the duration of these circumstances.
11.2. If the circumstances specified in clause 11.1 of this Agreement last for more than 30 (thirty) calendar days, either Party has the right to terminate this Agreement by providing written notice to the other Party 10 calendar days prior to the termination date.
12. Dispute Resolution Procedure12.1. In the event of non-performance or improper performance of obligations under this Agreement, the Party whose rights have been violated shall send a written claim (demand) to the other Party.
12.2. All claims (complaints) by the User against the Company regarding the use of the Website must be sent by the User to the Company's email address specified in this Agreement, in the form of a scanned copy, with a mandatory subsequent sending of the original claim (complaint) to the Company's postal address specified in this Agreement. The period for the Company to review the User's claim (complaint) is 15 (fifteen) calendar days from the date of receipt of the claim (complaint) at the Company's address, after which the Company will make one of the following decisions: (i) to disagree with the claim (complaint) and refuse to satisfy it; (ii) to fully or partially agree with the claim (complaint) and fully or partially satisfy the User's demands.
12.3. The Party whose rights have been violated has the right to file a lawsuit in court in accordance with the jurisdiction and venue requirements established by the applicable Legislation.
13. Procedure for Sending Messages13.1. Messages, claims, requests, statements, and other official materials are exchanged between the Parties as follows:
13.1.1. From the Company to the User - by sending to the email address provided by the User during registration on the Website or by posting on the User's Personal Page on the Website, which is accessible only to the User, unless otherwise specified in the relevant section of this Agreement.
13.1.2. From the User to the Company - by sending to the email address specified in this Offer. Written communications sent by the User to the Company must be signed by the User. Written communications that are not signed by the User will not be considered by the Company.
14. Other Terms and Warnings14.1. The terms of this Offer are valid until the Offer is revoked or amended by the Company.
14.2. This Agreement is considered concluded from the moment the Offer is accepted, which is expressed by the User's registration on the Website, and remains in effect until terminated by either Party.
14.3. This Agreement may be terminated at any time by mutual agreement of the Parties.
14.4. The Company has the right to terminate this Agreement and discontinue the User's access to the Website services unilaterally at any time and for any reason at its discretion, as well as in the event of the User's violation of any of the terms set forth in this Agreement.
14.5. In the event that this Agreement (acceptance of this Offer) is concluded in writing, termination of the agreement unilaterally by one of the Parties is carried out by sending a corresponding written statement to the other Party.
14.6. By accepting the terms of this Offer, the User consents to receive information about all other Events that the Company provides access to, regardless of the term of this Agreement, provided that such consent can be withdrawn by the User at any time by sending a corresponding request to the Company.
14.7. All issues not regulated by this Agreement are resolved in accordance with the applicable Legislation.
14.8. The Company allows any person anywhere in the world to create and publish educational courses. The Website model does not imply legal verification or control of Events, and the Company has no authority to determine the legality of Event materials. The Company does not exercise editorial control over Events available on the Website and, therefore, does not guarantee the validity, relevance, accuracy, or reliability of the Events. If you register for an Event, you rely on the information presented by the Lecturer at your own risk. By using the Services, you may encounter materials that you may find offensive, obscene, or questionable. The Company is not responsible for shielding you from such materials and is not liable for providing you access to or registration for any Event within the limits permitted by applicable Legislation. This also applies to any Events related to health, wellness, and physical exercise. You acknowledge the risks and dangers associated with the nature of such Events, and by registering for such Events, you voluntarily assume these risks, including the risk of illness, injury, disability, or death. You take full responsibility for your decisions made before, during, and after your registration for an Event.
If you interact directly with a Lecturer, you should be cautious about sharing any personal information. The Company cannot control the actions of Lecturers regarding information they receive from other users on the Website. For your own safety, you should not share your email or other personal information.
The Company does not hire or employ Lecturers, and the Company is not responsible for interactions between Lecturers and Users. The Company is not liable for disputes, claims, losses, injuries, or damages of any kind that may arise from or relate to the conduct of Lecturers or Users.
It may happen that the Website is not operational either due to scheduled maintenance or due to some malfunction on the Website. It may happen that one of the Lecturers makes misleading statements about their Event. It may also happen that the Company encounters security issues. These are just examples. You accept and agree that you will not have any recourse against the Company in any of these cases if something goes wrong. In legal, more precise terms, the Services and materials are provided on an "as is" and "as available" basis. The Company/Organizer makes no representations or warranties about the suitability, reliability, availability, timeliness, security, error-free nature, or accuracy of the Services or their materials, and expressly disclaims any warranties or conditions (express or implied), including implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement of intellectual property rights. The Company/Organizer does not guarantee that you will achieve specific results from participating in an Event. Participation in an Event (including any materials) is at your own risk.
The Company may decide to discontinue certain features of the Website at any time and for any reason. Under no circumstances will the Company/Organizer be liable for any damages resulting from such discontinuation or lack of access to such features.
15. Company InformationFirst Baltic Trading Academy
Name: Vitali Filimonov
Address: Voidu pr. 3 - 60
Narva, Ida-Virumaa
Estonia 21008
Phone: +372.5533059
Email Address:
info@fibata.eu