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Reprinted with permission from Thomson Reuters Practical Law Institute
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In this edition of Regulation Around the World we review the position regarding beneficial ownership registers which has come into the spotlight following work by the Financial Action Task Force and the introduction of reforms in a number of jurisdictions.
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The Financial Services and Markets Bill (FSM Bill), which was laid in front of Parliament in July 2022 and is expected to be finalised in the coming months, includes the introduction of a new designated activities regime (DAR).
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The Chancellor’s Spring Budget announced on March 15, 2023, set out some of the most striking reforms to pension tax we have seen for several years. In this briefing we will examine the key changes facing the pensions sector and discuss what to expect in the coming months and beyond as the reforms are absorbed into the pensions landscape.
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