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Navigating international trade and tariffs
Impacts of evolving trade regulations and compliance risks
Efforts to tackle small pension pots step up a gear
United Kingdom | Publication | February 2024
On February 8, 2024, the DWP announced the launch of the Small Pots Working Group.
The Group will be chaired by the DWP and has representation from various industry bodies, including the Financial Conduct Authority, the Pensions Regulator, the Pension and Lifetime Savings Association and the Association of British Insurers.
It will provide recommendations on how best to implement the proposed multiple default consolidator approach, set out in the Government's 2023 Autumn Statement.
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As the UK’s Office of Financial Sanctions Implementation (OFSI) proposes reforms to its civil enforcement processes for financial sanctions and geopolitical developments impacting sanctions regimes continue at pace, sanctions remain a key area of focus not only for UK regulators in the context of enforcement, but also in a number of cases before the English Courts.
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