Regulatory Alerts2017-02-23
Regulation on Investment of Pension Assets
The Central Bank of the Republic of Kosovo issued this regulation to establish comprehensive investment rules for Kosovo pension funds, including the Pensions Savings Trust and supplementary employer and individual schemes. It mandates that pension assets be allocated to eligible domestic and OECD-licensed monetary funds, securities, and mutual funds while capping single-issuer exposures at five percent for stocks and thirty percent for bonds. The framework prohibits investments in unlisted securities, physical assets, and affiliated-entity holdings, requires periodic CBK reporting, and mandates asset managers to correct valuation-driven breaches within six months.
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