Regulatory Alerts2019-01-01
Private Pension Schemes (Governance) (Amendment) Rules 2019
The Financial Services Commission issued these amendment rules to update the governance framework for private pension schemes under the Private Pension Schemes Act 2012. The amendments revise the definition of governing body to explicitly include a board of directors for protected cell companies and formally define that corporate structure. These rules take effect on 16 November 2019, ensuring updated regulatory compliance for pension scheme operators.
Share