Depository Service

FIBank is licenced as depositary of Voluntary Pension Fund and Collective Investment Undertakings (CIU) by Financial Supervision Authority:

1. Depositary of Voluntary Pension Fund with decision no. 18 dated 30/08/2010, with responsibility for safekeeping of the assets, operations and documents of the pension fund or investment fund;
2. Depository of Voluntary Pension Funds and Collective investment undertakings by Decision no. 175, dated 13.12.2011, with responsibility for safekeeping of the assets, operations and documents of the investment fund;

In this activity are included:

• Safekeeping of Voluntary Pension Fund assets;
• Safekeeping of Collective Investment Undertakings assets;
• Control of assets management of Voluntary Pension Funds and CIU by the Management Company, in accordance with prospectus and applicable law;
• Ensures that in all transactions involving the assets of Voluntary Pension Funds and CIU, any benefit should be returned within the defined time limit;
• Ensure that all pension fund incomes are allocated in accordance with the contract and the pension fund legislation
• Guarantees that the calculation of the net asset value of the Voluntary Pension Funds and CIU is declared in accordance with the law, regulations, prospectus and funds rules;