📆 GDPR (General Data Protection Regulation) prescribes that personal data should not be kept for longer than needed, except where there are legal or regulatory requirements to keep it for longer.

As an EMD Agent registered with the FCA (Financial Conduct Authority), Wagestream have an obligation under the Money Laundering Regulations [Money Laundering and Terrorist Financing (Amendment) Regulations 2019 (MLR 2019)] to keep a record of personal and transactional data for 5 years following the end of the relationship with a client (your employer).