Regulatory Alerts2011-12-21
Decision on Assessment and Calculation of Market and Net Value of Assets of Voluntary Pension Fund and Setting the Uniform Initial Value of Investment Unit
The Executive Board of the National Bank of Serbia issued this Decision to prescribe detailed methods and frequencies for assessing and calculating the market and net value of voluntary pension fund assets. It establishes specific fair value calculation rules for various asset categories, including domestic and foreign securities, real estate, and bank deposits, while mandating daily valuation and currency conversion at the central bank's middle exchange rate. Additionally, the regulation sets the uniform initial value of investment units at RSD 1,000 and repeals the previous 2006 decision effective October 1, 2011.
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