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Generative AI: A global guide to key IP considerations
Artificial intelligence (AI) raises many intellectual property (IP) issues.
Pensions Regulator publishes corporate plan for 2022 – 2024
Vereinigtes Königreich | Publikation | Juni 2022
The 2022 – 2024 plan sets out the Regulator’s upcoming priorities for the next two years, with a focus on five key strategic priorities to look out for:
| Priority | Key Regulatory Actions |
| Security: ensuring pension savers’ money is secure | Notifiable Events: Confirmation that the planned changes to the notifiable events regime will become operational in due course. DB Funding Code: Expected to be operational from September 2023. Scams: A revised Pension Scams Strategy will be published during 2022. |
| Value for Money: ensuring pension savers get good value for money | Value for Members Assessment: A 2022 Regulatory Initiative will assess how TPR will identify and address non-compliance and work with schemes to implement the assessment actions. DC Value for Money: TPR and the FCA will continue to work on a holistic value for money assessment framework with a consultation expected by the end of 2022. |
| Scrutiny of decision-making: ensuring that decisions made on behalf of pensions savers are in their best interests | FCA-TPR Regulatory Strategy: An update to the joint strategy will be published in the second half of 2022. Single Code of Practice: Publication expected during 2022. Equality, Diversity & Inclusion: Action plan for best practice to improve EDI on trustee boards expected in the first half of 2022. ESG & Climate Change: Regulatory Initiative on the ESG / investment regulations and the publication of compliant statements of investment principles and implementation statements expected. |
| Embracing innovation: ensuring the market innovates to meet the needs of pension savers | Dashboards: Secondary legislation and standards expected in 2022. Largest schemes will begin connecting from April 2023. TPR will also launch its own education programme for schemes. Collective DC Schemes: Trustees can apply for authorisation from August 1, 2022. Regulations intended to broaden the market further are also expected. |
| Bold and effective regulation: ensuring TPR is a bold and effective regulator | The Regulator will work to improve its own performance, particularly its resilience to climate change and its environmental impact. |
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