Regulatory AlertsSPG 521 Conflicts of Interest
The Australian Prudential Regulation Authority issued this Prudential Practice Guide to assist Registrable Superannuation Entity licensees in complying with SPS 521 requirements for managing conflicts of interest. The document mandates the establishment of a Board-approved conflicts management framework, including robust policies, registers of relevant duties, and regular independent reviews to ensure beneficiary interests are prioritized. It further outlines prudent practices for identifying, avoiding, and managing conflicts arising from internal operations, external service providers, and associated entities.
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