Regulatory Alerts2022-11-09
FSCA Draft Prudential Standard on Regulatory Reporting and Audited Financial Statements for Pension Funds
The Financial Sector Conduct Authority (FSCA) published a draft Prudential Standard to consolidate and modernize regulatory reporting and audited financial statement requirements for pension funds. The updated instrument revises outdated reporting formats, integrates recent Regulation 28 amendments concerning infrastructure assets and asset spreading, and aligns financial disclosures with International Financial Reporting Standards (IFRS) alongside local auditing rules. Interested parties may submit written comments on the draft standard by 18 January 2023 through the FSCA website or designated email address.
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