Secondary

Tag Archives | Regulation 28

FSCA withdraws proposed hedge fund conduct standard

FSCA withdraws proposed hedge fund conduct standard

The FSCA has withdrawn a proposed conduct standard for retirement fund investments in hedge funds, saying subsequent events have made the standard unnecessary. The draft standard was published by the erstwhile Financial Services Board for public comment in 2015. The FSCA published a revised draft in October 2020. The draft standard proposed that retirement funds […]

Continue Reading
Regulation 28_ Treasury revises restrictions on infrastructure investments

Treasury revises restrictions on infrastructure investments

National Treasury’s second draft amendments to Regulation 28 of the Pension Funds Act have relaxed the restrictions on investments in infrastructure and will prevent funds from investing in crypto assets. Treasury said it received 39 submissions after it published the first draft in February this year, most of which welcomed the proposals concerning investments in […]

Continue Reading
infrastructure

Proposed amendments to Regulation 28 show long-awaited political savvy

At the end of February 2021, the National Treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. This follows the 2021 Budget and 2020 Medium Term Budget Policy Statement announcements that government is in the process of reviewing Regulation 28 to make it easier for retirement funds to […]

Continue Reading
SA Corona Virus Online Portal Logo
CLICK HERE FOR MORE INFORMATION