Regulatory AlertsAdded · Updated
Notice No. 1/2026
Notice No. 1/2026 revokes Notice No. 12/2001 and Instruction No. 4/2002 to establish the regulatory framework for the coverage of pension and survivorship liabilities for credit institutions and financial societies. It mandates that these liabilities be funded exclusively through pension funds, requiring a minimum 95% funding level for past service liabilities and full funding for pensions in payment. The regulation imposes strict actuarial evaluation and reporting requirements, including annual actuarial reports and detailed disclosure of liabilities, assets, and actuarial assumptions in annual financial statements.
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