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  • Software
    • Records Management Software
      • Versatile Express
      • Versatile Professional
      • Versatile Enterprise
      • Versatile Enterprise LE
      • Versatile ERMS
    • Records Retention Software
    • Learn More
  • Consulting
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Tag Archives: records retention requirements

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Do Statutes of Limitations Make Good Retention Periods?

BlogsBy Will FletcherOctober 15, 2021

Do Statutes of Limitations Make Good Retention Periods? Here Are Some Things to Consider Even in heavily regulated industries, up to 40 percent of record series can lack legally mandated retention requirements. This still leaves records managers with a whole lot of records to figure out their useful business life. Where business requirements are short-lived,…

Alert: New 10-Year Retention Requirements in Brazil for AML Related Activities

BlogsBy Brenton AndersonMay 27, 2020

Institutions that are regulated by the Central Bank of Brazil take note. Effective July 1, 2020, the Central Bank of Brazil is increasing the record retention periods related to many Anti-Money Laundering (AML) and terrorist financing activities to 10 years. By moving from 5 to 10 years, this change sets Brazil on the high end…

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