Document Retention

AuthorDavid Zetoony
ProfessionIs a partner in the Boulder, Colorado office of Bryan Cave Leighton Paisner, LLP, an international law firm
Pages71-73
71
DocUMent
RetentIon
Q.73 WHAt Is “DAtA MInIMIzAtIon”?
The term data minimization refers to the following two requirements
within the GDPR: (1) a company should only collect personal data that is
“necessary” in relation to its purpose and (2) a company should keep data
for “no longer than is necessary for [that] purpose[].”164 Put differently, a
company should only collect what it needs, for as long as it needs it.
Q.74 Do ALL coMpAnIes neeD to IMpLeMent
A RecoRDs RetentIon poLIcy?
Not necessarily.
A record retention policy typically discusses the obligation for
employees either to keep certain types of documents within an
organization for a particular length of time or to destroy certain types
of documents after a particular length of time. Such policies may also
discuss how documents should be destroyed (e.g., shredding, degaussing,
etc.) and attach a schedule indicating the length of time that applies to
various document categories or types.
Although some companies nd that a records retention policy and/or a
records retention schedule are useful to help document their efforts toward
data minimization, the GDPR does not mandate that a company adopt a
formal policy or schedule, and many companies nd that they can achieve
compliance through other means. For example, some companies memori-
alize how long they intend to keep personal data when conducting a data
inventory or completing a data register. Furthermore, many structured
electronic systems allow companies to select data retention time periods on
a granular level (e.g., by individual data elds) within the data system itself.
164. GDPR, Article 5(1)(c), (e).

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