Regulatory Alerts2016-05-11
Decision on the Manner of Maintaining and Enhancing Safe and Sound Payment System Operation and Reporting to the National Bank of Serbia
The Governor of the National Bank of Serbia issued this Decision to establish detailed requirements for payment system operators to maintain safe and sound operations and report data to the regulator. The regulation mandates robust organizational, personnel, and technical capacities, alongside comprehensive governance, internal controls, and risk management systems covering financial, operational, and information security risks. It further imposes specific obligations regarding business continuity, incident management, outsourcing oversight, and enhanced risk mitigation measures for systems designated as important.
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