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CEIOPS published an overview of legal requirements under the IORP Directive (2003/41/EC), with which a guest IORP operating a pension scheme in a host Member State must comply

Today, CEIOPS has published an overview of legal requirements under the IORP Directive (2003/41/EC), with which a guest IORP operating a pension scheme in a host Member State must comply.  The overview is based on a selection of topics relating to the relevant national social and labor law provisions, investment restrictions and information requirements. 

 The information is a snapshot of the situation as at the last quarter of 2009 and only covers the topics selected for the overview.  Additional topics could form part of a host Member State’s social and labor law relevant to occupational pensions with which guest IORPs must comply. Further details are available in the explanatory note.

Direct hyperlink to the overview: www.ceiops.eu/media/files/supervisory-disclosure/CEIOPS-OPC-Survey-Law-applicable-to-IORPs-Appendix.xls

Direct hyperlink to the explanatory note: www.ceiops.eu/media/files/supervisory-disclosure/CEIOPS-OPC-Survey-Law-applicable-to-Guest-IORPs.pdf

13 October 2009

Hungarian Financial Supervisory Authority

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