Prudential requirements and ratios

Management companies other than management companies operating under the Law on Collective Investment Undertakings Intended for Informed Investors are subject to the following prudential requirements:

• The initial capital of a company operating under the Republic of Lithuania Law on Collective Investment Undertakings and the Republic of Lithuania Law on the Management Companies of Collective Investment Undertakings Intended for Professional Investors must not be below EUR 125,000. 
• The initial capital of a company operating under the Republic of Lithuania Law on the Supplementary Voluntary Accumulation of Pensions must not be below EUR 150,000. 
• Both the initial and authorised capital of a company having the right to manage pension funds for the accumulation of a portion of the state social insurance contribution must not be below EUR 300,000. 
• The capital adequacy ratio >=1.