Regulatory Alerts2005-09-20
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).
Published on 20 September 2005
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Grand-ducal regulation
establishing the criteria of competence, good repute and financial soundness required for the authorisation of liability managers of institutions for occupational retirement provision in the form of pension savings companies with variable capital (sepcav) and pension savings associations (assep)
PDF (14.15Kb)
PDF (15.38Kb)