Regulatory Alerts2018-03-31
Information Circular 1 of 2012 - Annexure: Non-compliance Report
The Financial Services Board requires pension funds to submit quarterly non-compliance reports detailing any breaches of Regulation 28 asset limits across fund, member, and issuer or entity levels. Funds must complete the prescribed electronic schedules for specific asset categories, with reporting exemptions granted for fully compliant portfolios, approved transfers, or registered liquidations. The fund board retains ultimate responsibility for the accuracy and completeness of the submission, which must be formally declared and attached to the quarterly package.
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