ORDER OF THE GOVERNMENT OF THE RUSSIAN FEDERATION

of February 1, 2007 No. 63

About approval of Rules of investment of funds of pension reserves of non-state pension funds and control of their placement

According to article 25 of the Federal law "About Non-state Pension Funds" Government of the Russian Federation decides:

1. Approve the enclosed Rules of investment of funds of pension reserves of non-state pension funds and control of their placement (further - Rules).

2. Activities for investment of funds of pension reserves are subject to reduction in compliance with Rules within 6 months from the effective date of this resolution.

3. Non-state pension funds shall bring structure and structure of pension reserves into accord with Rules till February 1, 2012 in case of observance of the following conditions:

a) ceased to be valid

b) the actions directed to increase in the share of assets in which means of pension reserves are placed exceeding their most admissible share established by Rules, or equal to it are not allowed;

c) the actions directed to increase in share of assets in which means of pension reserves are placed over their most admissible share established by Rules or pension rules are not allowed if at the time of entry into force of this resolution it does not exceed the specified most admissible share;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info