Regulatory Alerts2020-06-22
Order ETD/554/2020 of 15 June approving the statistical, accounting and supervisory information models for pension funds and their management entities
The Ministry of Economic Affairs and Digital Transformation of Spain issues Order ETD/554/2020 to approve updated statistical, accounting, and supervisory reporting models that pension fund management entities and depositaries must submit to the General Directorate of Insurance and Pension Funds. The Order aligns national reporting formats with new European Union requirements from EIOPA and the European Central Bank, eliminating duplicated data collection while introducing quarterly submissions, performance-based management commission disclosures, and plan-specific risk indicators. It mandates electronic submission through centralized data capture software, establishes strict annual and quarterly deadlines with transitional extensions for 2019–2021, and repeals the previous 2009 reporting framework to ensure efficient supervisory oversight.