Regulatory Alerts2024-01-01
Regulation on the Regulatory Capital of Pension Companies Managing Mandatory Pension Funds – Unofficial Consolidated Text (NN, No. 60/14, 39/17, 146/22 and 52/24)
The Croatian Financial Services Agency (HANFA) issued this Regulation to define the calculation methodology, minimum capital thresholds, and reporting obligations for pension companies managing mandatory pension funds. It requires these entities to maintain regulatory capital at or above their statutory share capital by incorporating paid-in equity, retained earnings, and reserves while deducting illiquid assets, subsidiary losses, and unrealized fair value deficits. The framework standardizes quarterly reporting deadlines, mandates independent external audits of annual reports, and prescribes electronic submission protocols to ensure consistent financial oversight.
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