Regulatory Alerts2020-01-01
Pension Funds Regulations, 2020
Issued by the Governor of the Central Bank of Lesotho, these regulations establish comprehensive disclosure and investment rules for pension funds, intermediaries, and service providers. They mandate the development of communication policies, annual fund and benefit statements, transparent fee disclosures, and standardized marketing materials to ensure informed member decisions. The rules further require a minimum thirty percent domestic investment allocation, capped foreign exposure within the Common Monetary Area, and periodic three-year reviews of written investment policies, with full compliance required within six months.
Share