United Kingdom | Publication | August 2023
Following approval by the House of Lords, on July 19, 2023, the Pensions Dashboards (Amendment) Regulations 2023 were made and come into force on August 9, 2023.
The Regulations will bring into force the changes on the Pensions Dashboards Programme reset, with the single connection deadline confirmed for October 31, 2026, for all relevant occupational pension schemes. This affects schemes with 100 or more relevant members at the scheme year end between April 1, 2023, and March 31, 2024.
The FCA has made corresponding changes to the connection deadline for those pension providers it regulates.
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On 29 November 2024, the first tranche of sweeping Australian privacy reforms under the Privacy and Other Legislation Amendment Bill 2024 (Cth) (Bill) passed both Houses of Parliament.
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A value-referenced crypto asset (VRCA, commonly known as a “stablecoin”) is a crypto asset designed to maintain a stable value over time by referencing the value of a fiat currency, such as the US dollar, or any other value or right, or a combination thereof. It can be used as a medium of exchange or as a store of value that is less volatile than other crypto assets.
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