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Publication
ASIC approves ABA’s revised Banking Code: What you need to know
The Australian Securities and Investments Commission (ASIC) approved the Australian Banking Association’s (ABA) updated Banking Code of Practice (2025 Code)
United Kingdom | Publication | July 2022
The Pensions Dashboards (Prohibition of Indemnification) Bill seeks to correct an oversight in the Pension Schemes Act 2021. Under the current legislation, if the Regulator takes enforcement action for non-compliance, including imposing a financial penalty, there is nothing specifically to prevent trustees from reimbursing themselves from scheme funds and the new Bill proposes to remove this ability.
We will update our April 2022 briefing on dashboard readiness for trustees to reflect the changes above.
Publication
The Australian Securities and Investments Commission (ASIC) approved the Australian Banking Association’s (ABA) updated Banking Code of Practice (2025 Code)
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