Regulatory Alerts2024-05-23
Decision on Implementing Provisions of the Insurance Law Relating to Issuance of License for Insurance/Reinsurance Activities and Specific Approvals
The Executive Board of the National Bank of Serbia issues this Decision to detail the requirements for obtaining an operating license to carry on insurance or reinsurance activities in Serbia. It specifies the mandatory evidence, documents, and data that founders, shareholders acquiring qualifying holdings, and nominated management members must submit to the regulator. The regulation further outlines the requisite organizational, personnel, and technical capacities of the undertaking and the procedures for establishing branches abroad.
Share