Regulatory Alerts2017-02-28
Decision on the Content and Manner of Keeping Data Registers of Insurance Undertakings and Other Subjects of Supervision
The Executive Board of the National Bank of Serbia issued this Decision to establish the specific content and maintenance procedures for nine distinct electronic data registers covering insurance, reinsurance, brokerage, agency, and certified professional subjects. The regulation mandates that these publicly accessible databases contain detailed information on entities and individuals, including licensing status, qualifying holders, management data, financial statements, and imposed supervisory measures. It further defines the obligations for subjects of supervision to report data changes within prescribed deadlines and outlines the procedures for removing entities whose licenses have expired or been revoked.
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