United Kingdom | Publication | December 2024
In the latest step towards making pensions dashboards a reality, the Pensions Dashboards Programme has published an updated version of reporting standards.
This document sets out the requirements on pension providers and schemes, and dashboard providers, for generating, recording and reporting data. This includes information for security protection, tracking performance, and helping regulators to monitor compliance with legal obligations. There have also been minor changes to data standards and the code of connection.
These documents can all be accessed here.
Publication
On 10 December 2024, the Companies (Accounts and Reports) (Amendment and Transitional Provision) Regulations 2024 were laid before Parliament, together with an Explanatory Memorandum.
Publication
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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