Regulatory Alerts2018-03-31
Information Circular 4 of 2006: Final Extension for 2005 Retirement Fund Financial Statements
The South African Financial Services Board has granted a final extension until 30 September 2006 for retirement funds to electronically submit their 2005 financial statements in the newly mandated format. This accommodation addresses persistent implementation delays and repeated extension requests despite three years of regulatory guidance, industry workshops, and previous grace periods. Any filings received after the deadline will trigger penalties under the Pension Funds Act of 1956, effectively terminating all further reporting extensions.
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