Regulatory Alerts2012-02-22
Decision on Detailed Conditions and Manner of Conducting Supervision of Lessors’ Operations
The Executive Board of the National Bank of Serbia adopted this Decision to establish the detailed conditions and procedures for supervising lessors' operations. The National Bank of Serbia conducts off-site and on-site supervision to identify illegalities and irregularities, applying measures ranging from written warnings to license revocation based on the severity of findings. The regulation defines specific criteria for imposing fines, ordering the elimination of irregularities, and managing the lessor's obligation to report corrective actions and pay penalties.
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