Regulatory Alerts2019-01-01
Regulation on the Operation of the Central Insurance Registry and Pension Companies towards Members of Mandatory Pension Funds (NN 60/14, 135/15, 86/18, 56/19 and 91/19)
The Croatian Financial Services Supervisory Agency (Hanfa) and the Central Insurance Registry (REGOS) issue this Regulation to standardize the allocation, reporting, and fund transfer procedures for members of mandatory pension funds. It mandates precise calculation methods for risk-adjusted returns, defines strict timelines for account transfers and contribution payments, and establishes clear reporting obligations to ensure transparency for insured persons and pension companies. The Regulation further details the handling of unlinked payments, management fees, data preservation, and fund closure procedures to guarantee accurate financial flows within the mandatory pension system.
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