Regulatory Alerts2025-03-26
Decision on Operating Terms and Procedures in the Foreign Exchange Market
The Executive Board of the National Bank of Serbia issues this Decision to regulate operating terms, procedures, and exchange rate setting within the Serbian foreign exchange market. It mandates that banks and the central bank conduct interbank trading via auctions or bilateral deals while requiring licensed dealers to adhere to strict margin limits relative to the official middle exchange rate. The regulation further imposes comprehensive daily and monthly electronic reporting obligations on banks to ensure transparency and compliance with market conduct principles.
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