To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Read more
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
The technical storage or access that is used exclusively for statistical purposes.
The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Article 17 addresses an important regulatory continuity risk but leaves the preservation mechanism entirely to secondary legislation. Insolvency or cessation of business must not extinguish access to documentation necessary for supervision, investigation or enforcement.
Establish in primary legislation the core duty to preserve and maintain accessible, complete and authentic documentation for the full Article 18 retention period, notwithstanding insolvency, dissolution or cessation. Secondary legislation may prescribe the technical mechanism, custody and secure transfer arrangements. Expressly protect evidentiary integrity, confidentiality and continuing regulatory access.
This would prevent corporate cessation from creating a regulatory or evidentiary gap.