As part of a series of announcements during TrustWeek, OneTrust’s annual user conference, we are excited to introduce DataGuidance Data Retention Schedules, the latest addition to the DataGuidance Regulatory Research platform.
Global commerce has become increasingly data-driven and it shows no signs of slowing down – meaning records of business data can begin to mount up.
But how long can or must you keep these records for? The answer isn’t simple as global privacy laws are constantly changing and can vary in each state, country, and region.
This new tool can help by offering a detailed breakdown of the key information for data retention requirements in multiple jurisdictions. The solution also helps you stay up to date and compliant with your global obligations relating to data retention across different functions of your business.
How Long Can You Retain Data?
DataGuidance Data Retention Schedules can help you understand the various requirements from one country to another, as well as helping you to design your retention policy in accordance with global data retention requirements.
With this new tool you can also gain an understanding of what to store with granular descriptions of the requirements across multiple jurisdictions. This key research comes with insight into minimum and maximum storage periods, the date from which your records need to be held from, as well as both the legal and recommended requirements from data retention in each country.
Powered by DataGuidance’s 40+ in-house legal researchers and extensive contributor network, Data Retention Schedules provides direct links to legal source materials as well as offering plain-language legal citations so you can be confident in your understanding of your requirements and obligations globally.
A Breakdown of Data Retention Requirements by Business Function
Along with detailing retention requirements in certain jurisdictions, the new solution provides essential information relating to the retention periods for critical business functions including:
- Sales & Marketing
- Health & Safety
- Company & Financial
- HR & Employment
Data Retention Schedules outlines the requirements for retaining details of your sales and marketing activities as well as records related to your customers. You can also access information about the retention periods for health and safety audits, inspections, and reports as well as executive information and internal accounting and tax records. Furthermore, the requirements surrounding recruitment records are clearly outlined alongside details of the obligations you have towards existing employees.
To learn more register for TrustWeek or register for the webinar: For Keeps? Managing Data Retention Strategies taking place on Wednesday, October 28 at 11:00 am EDT / 3:00 pm GMT. To read all of our TrustWeek news, check out our blog.