Regulatory Alerts2017-01-01
Regulation on the Approval of Establishment, Prospectus and Statute of a Voluntary Pension Fund - Unofficial Consolidated Text (NN, Nos. 52/14 and 41/17)
The Croatian Agency for Financial Services Supervision issued this consolidated regulation to detail the application requirements, publication conditions, and approval procedures for establishing voluntary pension funds, their prospectuses, and statutes. It mandates that pension companies submit written or electronic applications containing specific documentation, including fund establishment decisions, capital proof, and sponsor data for closed funds. Furthermore, the regulation establishes standardized electronic delivery methods, mandates visible online publication with save and print capabilities for members, and streamlines procedures for material and non-material changes to prospectuses and statutes.
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