PS25/7: Data Decommissioning: Removing Reporting and Notification Requirements

The Financial Conduct Authority issued this policy statement to remove specific reporting and notification requirements associated with data decommissioning. The regulatory update eliminates redundant compliance obligations for firms once their systems or records are officially decommissioned. The policy follows a consultation window that closed in May 2025 and establishes a streamlined framework for managing legacy data obligations.

United Kingdom

Financial Conduct Authority

Consultation opened

16/04/2025

Consultation closed

14/05/2025

Policy Statement

27/06/2025