Regulatory Alerts2014-12-29
Regulation on Licensing of Supplementary Individual Pension Providers
The Central Bank of the Republic of Kosovo issued this Regulation to establish licensing criteria, application procedures, and supervisory requirements for employer supplementary pension funds. It mandates that applicants meet financial, governance, and documentation standards to obtain an indefinite, non-transferable license, while outlining strict timelines for review, suspension, and cancellation. The framework further defines sponsor obligations, fee structures, and judicial appeal mechanisms to ensure compliant operation and participant protection.
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