Prior approval for pension fund control changes applies, while branches subject to sectoral approval must report changes within fifteen days. Pension Funds must obtain the Authority's prior approval before any direct or indirect change in control. A Pension Fund operating in the form of a branch ... Summary
Prior approval for pension fund control changes applies, while branches subject to sectoral approval must report changes within fifteen days.
Pension Funds must obtain the Authority's prior approval before any direct or indirect change in control. A Pension Fund operating in the form of a branch need only inform the Authority within fifteen days of the change where prior approval is required from its sectoral regulator in its principal place of operation.
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