Regulatory Alerts2018-03-31
Information Circular 7 of 2008: Extensions for Terminating Funds
The South African Financial Services Board extends regulatory deadlines for pension funds undergoing termination or full transfer. Pursuant to prior circulars, the submission deadline for audited financial statements and the associated fee payment deadline are extended to 31 December 2008 and 31 March 2009, respectively. These extensions grant approved administrators, privately administered funds, and pension fund insurers temporary relief from standard compliance and fee obligations during the winding-up process.
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