Regulatory Alerts2021-07-29
FSCA Draft Conduct Standard on Conditions for Pension Fund Benefit Administrators
The Financial Sector Conduct Authority published a draft Conduct Standard to establish enhanced conditions for pension fund benefit administrators. This new framework replaces Board Notice 24 of 2002 and strengthens regulatory oversight over entities that receive contributions or distribute benefits on behalf of pension funds. Stakeholders may review the supporting statement, draft forms, and comment templates on the FSCA website to provide feedback during the public consultation period.
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