United Kingdom | Publication | March 2024
On February 20, 2024, the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2024 was published. It came into force on March 11, 2024.
The Order makes "Operating a pensions dashboard service" that connects to the Money and Pensions Service dashboards digital architecture a new FCA-regulated activity.
The Pensions Dashboards Programme has published a blog providing an outline of the central digital architecture which connects pensions providers and schemes with pensions dashboards. The blog covers the three services of the central digital architecture which facilitate the exchange of pensions data: the identity service; the consent and authorisation service; and the pensions finder service.
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On 10 December 2024, the Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024 were laid before Parliament, together with an Explanatory Memorandum.
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On 28 November 2024, the Financial Conduct Authority (FCA) published CP24/2, Part 2 in relation to its controversial ‘name and shame’ proposals, having trailed this in oral evidence before the House of Lords Financial Services Regulation Committee earlier in November.
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As previously observed, conflicts occasionally arise between mortgagees and charterers where a mortgagee wishes to take prompt action to enforce its rights, but the charterer wishes such enforcement action to be deferred until the end of the charter.
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