Regulatory Alerts2019-03-29
Guidelines Implementing the Decision on Terms and Conditions of Granting Short-Term Liquidity Loans Against the Collateral of Securities
The National Bank of Serbia issues these Guidelines to detail the operational procedures for granting short-term dinar liquidity loans to banks secured by securities collateral. The document establishes strict requirements for pledging securities through the Central Securities Depository, managing auction-based loan applications, and executing disbursements and repayments via electronic communication. It further defines the mechanisms for collecting receivables, including the sale or appropriation of pledged assets in the event of default, and sets the effective date for these regulatory changes as March 31, 2019.
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