Originally Posted by
AV18
Thanks Rick.
I found the AC and under 3.11(1)(2) it talks about it. In summary, I believe it says that a company can keep whatever records it wants forever, however, for PRIA reporting purposes it can only go back 5 years from the date of request.
I haven't applied to anybody since this happened and I wanted to get this sorted out before I did. Looks like now, due to unfortunate circumstances, I might be able to wait it out before applying. Lets say I did apply beforehand, would it be a big deal for legacies?
1. Think carefully before you apply... once you check a box like that you can never uncheck it (they may look at every change you ever make to your app}.
2. Just because PRIA stops reporting it doesn't mean it didn't happen. If you disclose it on an app, you can never take that back.
Even if you wait five years, there's still some risk if you lie about something like that... if they somehow find out. PRIA errors happen, I experienced that personally (my record included a bust that never happened, apparently a typo).
As to the impact... that depends on the circumstances of the event (and how you address it).