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2024-01-01

Pension Fund (Financial Reporting Requirements) (Amendment of Schedule) Notice, 2024

Governor Emmanuel Maluke Letete, Regulator of Pensions at the Central Bank of Lesotho, has amended Schedule 7 of the Pension Fund (Financial Reporting Requirements) Regulations, 2020. The revised schedule mandates pension funds to report asset allocations by investment destination and management structure, covering deposits, government and corporate securities, immovable property, and listed or unlisted shares. Reporting must differentiate between direct asset manager holdings and insurance policy investments to ensure comprehensive financial transparency across all specified asset classes.

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LESOTHO Government Gazette Vol. 69 Friday – 13th December, 2024 No. 94 CONTENTS No. Page LEGAL NOTICE 134 Pension Fund (Financial Reporting Requirements)..................... 1647 (Amendment of Schedule) Notice, 2024

OTHER NOTICES (See Supplement of the Gazette) Published by the Authority of His Majesty the King Price: M10.00

LEGAL NOTICE NO. 134 OF 2024 Pension Fund (Financial Reporting Requirements) (Amendment of Schedule) Notice, 2024 Pursuant to section 81 of the Pension Fund Act, 2019 1 , I, EMMANUEL MALUKE LETETE Governor of the Central Bank of Lesotho, being the Regulator of Pensions, amend Pension Fund (Financial Reporting Requirements) Regulations, 2020 2 Schedule 7 as follows: DATED: DR. EMMANUEL MALUKE LETETE GOVERNOR OF CENTRAL BANK OF LESOTHO NOTE

  1. Act No. 5 of 2019
  2. L.N. No. 85 of 2020 1647

“SCHEDULE 7 ASSET ALLOCATION

  1. Quarter/Year ended
  2. Asset Allocation in terms of where the assets are invested Asset Class Lesotho CMA (excluding Other (specify) Lesotho) Deposits, balances and negotiable deposits in any registered deposit-taking institution and money market instruments. Bills, bonds, securities or loans issued or guaranteed by the Government of Lesotho. Bills, bonds, securities or loans issued or guaranteed by any other government. Bills, bonds, securities or loans issued by companies or any other institution. Investment in immovable property. Investments in preference or ordinary shares of companies listed on any stock exchange. 1648

Investments in preference or ordinary shares of companies not listed on any stock exchange. Other investments (specify) Total assets 3. Asset Allocation in terms of how the assets are invested Asset Class Direct Asset Managers Insurance Investments policies Deposits, balances and negotiable deposits in any registered deposit-taking institution and money market instruments. Bills, bonds, securities or loans issued or guaranteed by the Government of Lesotho. Bills, bonds, securities or loans issued or guaranteed by any other government. Bills, bonds, securities or loans issued by companies or any other institution. Investment in immovable property. Investments in preference or ordinary shares of companies listed on any stock exchange. 1649

Investments in preference or ordinary shares of companies not listed on any stock exchange. Other investments (Specify) Total assets Chairperson Principal Officer Date: Date: ” 1650

Printed by the Government Printer, P.O. Box 268, Maseru 100 Lesotho

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