Regulatory Alerts2025-12-02
Decision on Bank Procedure when Opening, Maintaining and Closing Business Accounts of Offices of Section Commissioners
The Executive Board of the National Bank of Serbia issued this Decision to establish bank procedures for opening, maintaining, and closing business accounts for Offices of Section Commissioners participating in Expo 2027 Belgrade. It mandates specific documentation, identity verification via qualified electronic certificates or video identification, and simplified customer due diligence to comply with the relevant international Agreement. The regulation remains in force until December 31, 2027, or until the closure of the final account associated with the event.
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