Regulatory Alerts2015-05-28
Regulation on Registration, Supervision and Activities of Non-Banking Financial Institutions
The Central Bank of the Republic of Kosovo issued this regulation to standardize the registration, supervision, and operational framework for non-banking financial institutions. It establishes mandatory minimum capital thresholds across seven licensed activities, defines a ninety-day application review timeline, and prescribes detailed documentation, fee structures, and agent approval procedures. Additionally, the framework mandates transparent pricing and electronic record-keeping for payment and currency exchange services while granting the CBK explicit authority to approve, suspend, or revoke licenses based on compliance and solvency.
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