Regulatory Alerts2004-07-07
Added · Updated
Ordinance No. 17 of 07.07.2004 on the documents for issuing a permit for the transformation of a pension insurance company and a supplementary pension insurance fund and on the requirements for the liquidation plan, the trustee's plan in case of insolvency, and the plan for structuring the portfolios of sub-funds
This ordinance defines the necessary documents for pension insurance companies to obtain a permit for transformation, including by merger, acquisition, demerger, or spin-off, and for the transformation of supplementary pension insurance funds and payment funds. It also sets requirements for the content of these documents, such as transformation agreements, expert assessments, and reports from management bodies. Effective January 1, 2027, the ordinance introduces specific requirements for the content of plans for structuring the portfolios of sub-funds under the Social Security Code.