2005-09-20

Grand-ducal Regulation of 20 September 2005 on Competence and Financial Soundness Criteria for SEPCAV and ASSEP Liability Managers

The Grand Duchy issued this regulation on 20 September 2005 to establish specific criteria for the authorization of liability managers. These managers must demonstrate competence, good repute, and financial soundness to operate institutions for occupational retirement provision. The rules apply specifically to pension savings companies with variable capital (SEPCAV) and pension savings associations (ASSEP).

Luxembourg

Commission de Surveillance du Secteur Financier

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