Regulatory Alerts2025-07-11
Decision on Implementing Provisions of the Law on Banks Relating to Granting of Preliminary Bank Founding Permit, Bank Operating Licence and Consents by the National Bank of Serbia
The Executive Board of the National Bank of Serbia issues this Decision to establish detailed conditions and procedures for granting preliminary bank founding permits, bank operating licenses, and various regulatory consents. The regulation mandates rigorous assessments of founders' and beneficial owners' business reputations, financial positions, and compliance with anti-money laundering standards before any participation in a bank is approved. It further defines specific criteria for evaluating the integrity of management bodies, the viability of proposed business strategies, and the structural requirements for bank establishment and mergers.
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