Regulatory Alerts2022-11-04
FSCA Draft Prudential Standard on Regulation 28 Quarterly Reporting Requirements for Pension Funds
The Financial Sector Conduct Authority has published a draft Prudential Standard mandating updated quarterly reporting requirements for pension funds to align with the July 2022 amendments to Regulation 28. The standard introduces revised disclosure formats and content to accurately reflect infrastructure asset investments and amended asset-spreading rules, ensuring consistency and transparency across all funds. Stakeholders are invited to submit comments on the draft standard by 7 December 2022 ahead of its imminent implementation in January 2023.
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