Regulatory Alerts2024-02-22
FSCA Communication 4 of 2024 (RF): Submission of draft Prudential Standard for Regulation 28 Quarterly Reporting Requirements for Pension Funds to Parliament
The Financial Sector Conduct Authority (FSCA) informed stakeholders that it submitted a draft Prudential Standard on Regulation 28 Quarterly Reporting Requirements for Pension Funds and supporting documents to Parliament on February 20, 2024. This Prudential Standard prescribes quarterly reports for pension funds concerning assets held under Regulation 28, aiming to align current non-compliance reporting with the amended Regulation 28 from July 2022. All related documents are available on the FSCA's website, and further inquiries can be directed to their Regulatory Frameworks Department.
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