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S.L. 514.9 · Retirement Pensions (General Provisions (S.L. 514.9)

S.L. 514.9 Art. 3Scopeofprudential supervision.

In KraftAmtlicher Text

The competent authority shall ensure that a retirement scheme is subject to the prudential supervision including the supervision of the following, where applicable:

(a) conditions of operation;

(b) technical provisions;

(c) funding of technical provisions;

(d) regulatory own funds;

(e) available solvency margin;

(f) required solvency margin;

(g) conditions relating to the investments of a scheme;

(h) investment management function;

(i) custody function;

(j) systems of governance; and (GENERAL PROVISIONS OF SUPERVISION)

(k) information to be provided to members and beneficiaries.