Regulatory Alerts2026-07-16
Added · Updated
Ordinance No. 10 of 16.07.2026 on Capital Base Requirements for Pension Insurance Companies, Minimum Liquid Funds for the Company and Its Managed Funds, and Its Recovery Plan
This Ordinance establishes the composition, calculation, and regulatory requirements for the capital base of pension insurance companies, defining eligible equity elements and mandatory deductions. It mandates that pension insurance companies and their managed additional pension and payment funds maintain minimum liquid funds sufficient to cover current liabilities and specific future payment obligations, with detailed valuation rules for eligible assets and currencies. The regulation also prescribes the mandatory structure and content of recovery plans for companies whose capital falls below statutory thresholds, requiring financial analysis, remedial measures, and timelines. It repeals the previous Ordinance No. 10 of 2021 and enters into force on January 1, 2027.