Regulatory Alerts2024-05-13
Instructions for Filling Out the Supervisory Report on Asset Liquidity and Liability Coverage of Mandatory Pension Funds
The Croatian Financial Services Supervisory Agency (Hanfa) issued these instructions to standardize the completion of the supervisory report on asset liquidity and liability coverage for mandatory pension funds. The document mandates pension management companies to submit category-specific reports using conservative, scenario-based estimates (S0–S5) that adjust for stress events, interest rate shifts, and liquidity declines over one- and three-year horizons. It establishes precise calculation methodologies for 24 asset and liability rows, ensuring funds accurately reflect monetizable assets against future payout obligations to maintain solvency under market volatility.
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