Text for Terms & Conditions
T's & C's: Data Retention (additional paragraph in Data Protection section)
- Change date
- 24/03/2025
- Word count
- 102
- Deployment measure
- 9/10
Rationale
This draft wording seeks to ensure compliance with legal data retention requirements, including AML rules, while also preserving records for disputes, historical value, or client benefit. It assumes client consent unless they object.
We have implemented a data retention policy designed to balance our legal obligations, operational efficiency, and the reasonable retention of client data. This includes compliance with regulatory requirements, such as
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