Regulatory Alerts2025-01-01
Decision on Finality of Settlement in Payment Systems
The Governing Board of the Central Bank of Bosnia and Herzegovina issued this Decision to regulate the finality of settlement in payment systems, defining the roles of operators, participants, and clearing organizations. It establishes strict operational, security, and risk management requirements for payment system operators and sets eligibility criteria for participants, including payment institutions and electronic money institutions. The regulation mandates Central Bank authorization for system operation, outlines rules for interoperability and access, and details insolvency protections and applicable legal frameworks.
Share