Regulatory Alerts2015-03-26
Regulation on Minimum Security Requirements
The Board of the Central Bank of the Republic of Kosovo has issued this regulation to establish comprehensive minimum security standards for all licensed banks and foreign bank branches operating in Kosovo. The mandate requires financial institutions to implement robust physical, electronic, and personnel-based protection measures across teller counters, cash storage areas, server rooms, and ATMs, while mandating contracts with licensed private security companies for cash transport and alarm monitoring. Banks must formally approve security policies, maintain dedicated internal oversight units, and achieve full compliance within three months of the April 2015 effective date, replacing prior 2007 equipment rules.
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