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Reasons why .UK account details cannot be deleted

Under our current License requirements in the United Kingdom, we are required to adhere to and abide by several forms of legislation such as but not limited to the Money Laundering Regulations 2007 (MLR).

In particular, Regulation 19 of the MLR requires us to retain certain customer information stored in our database for up to 5 years following the last transaction made by a customer or following the closure of the customer's account. 

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