CANADA - The government has enacted the Special Economic Measures Act on Burma, which has banned all Canadian people and financial institutions from investing in the region, also known as Myanmar.
New investment was also banned in Burma by Canadian persons and companies, and prohibition was placed on Canadian financial services and technical data to and from Burma.
The statement said the regulations had been put into force in order to respond to the gravity of the situation in Burma.
"The abhorrent human rights and humanitarian situation in Burma is particularly dangerous as the government's actions not only oppress its own people, but also bring substantial transnational destabilising effects which threaten peace and security in the entire region and undermine freedom, democracy, human rights and the rule of law," said the statement.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.