Regulatory Alerts2018-04-27
Decision on Implementation of the Provisions of the Law on Financial Leasing Pertaining to Licensing and Consents of the National Bank of Serbia
The Executive Board of the National Bank of Serbia issues this Decision to prescribe the detailed terms, conditions, and documentation required for granting financial leasing licenses and consents. The regulation mandates that founders submit comprehensive applications including proof of asset origin, business reputation assessments, and a three-year work program to demonstrate financial standing and operational capacity. The National Bank of Serbia evaluates these submissions against strict criteria regarding the moral integrity of beneficial owners and the transparency of corporate structures before issuing approval.
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