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6 regulators · 13 laws & regulations · 9 obligations · 9 enforcement actions · 1 upcoming deadline

Act 2023

Law No. 76/2023 "Për fondet e pensionit privat" (Law No. 76/2023 on Private Pension Funds)

Issued by Financial Supervisory Authority (Autoriteti i Mbikëqyrjes Financiare)

Effective: 6 Nov 2023

Plain-English summary

Creates the framework for establishing, licensing, administering and supervising private pension funds, covering management companies, open-end and closed-end defined-contribution funds, custodians and cross-border activity of managers of closed-end funds. Adopted by Parliament on 21.09.2023 and published in Official Gazette no. 152 of 20.10.2023.

Who it applies to

Asset & Wealth Management

Topics

Insurance & Pensions

Official source

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