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Regulatory Developments
This section of the Authority’s website provides an overview of current and future programmes of work to enhance its regulatory and oversight frameworks.
The regulatory framework for pensions business
Work is in progress on the drafting of a Retirement Benefits Schemes (Amendment) Bill to update the Retirement Benefits Schemes Act 2000 (‘RBSA00’). The draft legislation will be subject to a full public consultation in due course, and it is envisaged that we will also hold meetings with key stakeholders, such as the Isle of Man Association of Pension Scheme Providers, before the legislation is finalised.