Publication
Regulatory investigations and enforcement: Key developments
The past six months have seen a number of key changes in the regulatory investigations and enforcement space.
PASA updates DC governance guidance
United Kingdom | Publication | June 2022
In light of the ever-changing pensions landscape, the Pensions Administration Standards Association’s (PASA) DC Working Group has updated its Guidance on DC Governance.
The updated guidance provides practical tips for trustees, employers and administration providers on ensuring ‘compliant’ or ‘good’ processes in six key areas, including a newly added section on the Chair’s Statement.
In particular, the guidance notes that scheme data will need to be dashboard ready and provides a set of questions that it is recommend that trustees and employers ask their administrators to ensure that up-to-date and correct data is held.
The newly added Chair’s Statement section includes an overview of the requirements and the resources which trustees may like to consult to ensure the statement is completed correctly.
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Understanding hydrogen in Indonesia
As a general remark, Indonesia has not, at the date of preparing this summary, issued any regulation on hydrogen production, distribution and trade. It is expected that the upcoming New and Renewable Energy Law will provide a legal framework for the exploitation and utilisation of various new energy sources, including hydrogen.
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