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Can This Be Right?


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data management solutions uk, data management software uk, data cleaning software - Data Discoveries

 

Customer Tracing Software – use our data management solutions to search back through twelve years of data to find lost contacts.

Find out more about customer tracing

 

MMM, SO THESE R ABOVE THE LAW THEN, BANKS CAN ONLY KEEP DATA FOR 6 YEARS AFTER ACCOUNT CLOSED OR WHATEVER, SO HOW CAN THESE PEOPLE WHO USE THIS SOFTWARE BE ABLE TO HAVE TWELVE YEARS?

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Tricky area. The DPA says something like 'data may be held for a reasonable time' relevant to the purpose for which it is kept.

 

So a bank can keep your info for statements etc (I believe they HAVE to retain it for 12 years due to money laundering laws, but don't quote me on that!) but DCAs are a different case altogether!

 

We might need a few copies of that 'oy!' letter!

 

:D

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Not true. There is no defined maximum period for data retention in the Data Protection Act.

Barclays and Lloyds keep data for at least 12 years. Can't speak for the others.

 

;)

 

 

12 years is normal. Mortgage loans are not usually Statute barred for 12 years so to keep info on SOME (not all) people is not really that surprising.

HOIST BY THEIR OWN PETARD.

 

Blimey it works....:-)

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