Email Retention Laws

Soldato
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While we are rolling out Exchange 2007, I am trying to find info on email retention.

We are a retail co-operative, and also registered with the FSA

So I need some official links to the rules

Thanks

Kimbie
 
The minimum storage is one year.

The rest depends on the firm and their policies.

I personally recommend 10 years, simply because it's not that much bother to do.

Some professional firms have longer liabilities and may need 12, 15 or indefinite archival access.

Edit: I should quantify that email retention is majoritively to do with legal liabilities. If the company's statute liability ends after 7 years then keeping emails for 8 years is perfectly adequate.
 
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If you are regulated by the FSA your obligations are to retain a copy of all (inbound, outbound & internal) emails for a period of 5 years.

The law says that the email archive must be secure, yet fails to stipulate any security standards so depending on your appetite for risk I would suggest an email archiving solution that stores emails in an encrypted format and where in the event of litigation being brought against you your evidence will stand up in court.

This type of email archiving solution will also help protect you commercially against litigation, employment tribunals etc.

I actually wrote an article sometime ago that you should find beneficial - http://www.ecademy.com/node.php?id=124958

Also Exchange isn't an archiving solution and under FSA rules your not going to get away with just copying emails in to a separate user account, hence Exchange will require a separate archiving solution to go with it although there are other email solution that include archiving as part of the solution.

REMOVED - NOT ALLOWED
 
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