I just finished writing a report at the IGI that is a broad survey of market, legal, and technology developments that affect records retention and management practices. Some interesting things going on around the globe. For example, in April 2013, the UK abolished its primary financial regulator, the Financial Services Authority, and replaced it with two new regulatory bodies: the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). According to Steven Formica, CEO of Fontis International, a provider of global legal data for records retention schedules, this reform resulted in extensive changes to records retention requirements. For example, Steve’s firm replaced 104 existing records retention legal requirements related to the FSA with 686 new entries based on the requirements of the FCA/PRA. This kind of increased specificity and scrutiny on records retention is happening in the US and around the globe.
In any case, I will be discussing the paper and its key findings on a webinar hosted by Recall at 2 pm ET on March 25th, 2014. Click here to find out more and register to attend. The paper will be available for download immediately after the webinar.