This amendment concerns the information that businesses must keep. We recommend that the retention period be 10 years instead of 20 years. We believe that a 20-year period is far too long for a business. It is also not a normal practice. Business owners would be asked to have all systems in place for 20 years, whereas technologies change. A 10-year period is more than enough in the circumstances.
On June 7th, 2018. See this statement in context.