Regulatory Alerts2023-03-17
Added · Updated
Compilation of Rules for the Control of Pension Funds – Resolutions of the Board of Directors of the Central Bank of Uruguay or of the Superintendence of Financial Services arising from supervision or audit acts
The Superintendence of Financial Services incorporates Chapter VII into Book VI of the Compilation of Rules for the Control of Pension Funds, establishing Article 160.9.2. This article requires pension fund administrators to transcribe resolutions issued by the Central Bank of Uruguay or the Superintendence regarding specific institutions into their Board of Directors minutes within ninety days of notification or as specified in the resolution. Administrators must also record any fines settled by the institution in the same book within ninety days of settlement.
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