Regulatory Alerts2026-02-03
Retirement Funds Regulations, 2025
The Botswana Minister of Finance, acting through the Regulatory Authority, has promulgated comprehensive licensing and operational rules for retirement funds and fund administrators under the Retirement Funds Act. The regulations mandate strict application procedures, minimum capital and professional qualification requirements for administrators, and enforce timely employer contribution payments with specified interest penalties for non-compliance. Additionally, the framework standardizes financial reporting timelines, defines transfer and amalgamation protocols for preservation funds, and establishes clear appointment and accountability standards for principal officers.
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