Regulatory Alerts2008-01-01
Regulation of the National Bank of Slovakia No. 101/2008 Coll. on Own Funds of a Pension Fund Management Company
The National Bank of Slovakia issued Regulation No. 101/2008 Coll. to define the composition and calculation of own funds for pension fund management companies, replacing previous Ministry of Finance regulations. The text establishes detailed rules for basic and ancillary own funds, specifying allowable capital items, deductions, and the treatment of subordinated debts, while also defining liquid assets and general operating expenses. It mandates the quarterly electronic submission of a standardized adequacy report to ensure compliance with statutory capital requirements.
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