Decision on the Contents of Registers of Payment Institutions and Electronic Money Institutions

RS Official Gazette, Nos 55/2015 and 15/2019 Pursuant to Article 105, paragraph 5 and Article 139, paragraph 5 of the Law on Payment Services (RS Official Gazette, No 139/2014), as well as Article 15, paragraph 1 of the Law on the National Bank of Serbia (RS Official Gazette, No 72/2003, 55/2004, 85/2005 – other law, 44/2010, 76/2012, 106/2012, 14/2015 and 40/2015 – CC decision), the Executive Board of the National Bank of Serbia hereby issues the D E C I S I O N ON THE CONTENTS OF REGISTERS OF PAYMENT INSTITUTIONS AND ELECTRONIC MONEY INSTITUTIONS, AS WELL AS ON DETAILED CONDITIONS AND MANNER OF MAINTAINING THESE REGISTERS

1. This Decision sets out the contents of the registers of payment institutions and electronic money institutions, detailed conditions under which and manner in which the National Bank of Serbia shall maintain these registers and the procedure for deleting data from these registers. Register of payment institutions
2. The register of payment institutions shall contain data on:

1. payment institutions licensed by the National Bank of Serbia to provide payment services;
2. agents of payment institutions in the Republic of Serbia;
3. branches of payment institutions in third countries.

3. The following data on a payment institution shall be entered in the register of payment institutions:

1. registration number of a payment institution;
2. business name and head office address, telephone, e-mail address and website of a payment institution;
3. business registry number and tax identification number (TIN) of a payment institution;
4. date and number of the National Bank of Serbia’s decision granting license to the payment institution to provide payment

services, as well as the date and number of the National Bank of Serbia’s decision amending or supplementing that license; 5) types of payment services which a payment institution is authorised to provide according to the issued decision; 6) financial statements of a payment institution with a report of an external auditor; 7) name and residence, or business name and head office of a person with qualifying holding in the payment institution and data on the amount of that holding; 8) data on members of managing bodies and persons directly managing the provision of payment services in a payment institution. 4. The following data on an agent of a payment institution in the Republic of Serbia shall be entered in the register of payment institutions:

1. business name, address of the agent’s head office and e￾mail address;
2. registration number, business name and address of the head office of the represented payment institution;
3. date and number of the National Bank of Serbia’s decision on entering the agent in the register of payment institutions;
4. description of payment services provided by the agent;
5. data on persons having a qualifying holding in the agent – legal person;
6. data on members of managing bodies and persons directly managing the provision of payment services in the agent – legal person;
7. date and number of the National Bank of Serbia’s decision on deleting the payment institution’s agent from the register of payment institutions.

5. The National Bank of Serbia shall enter in the register of payment institutions its approval for the establishment of a branch of the payment institution in a third country granted to that

institution pursuant to the decision setting out detailed terms and conditions for granting and withdrawing approval for the establishment of branches of payment institutions. The following data on a branch of a payment institution in a third country shall be entered in the register of payment institutions:

1. name, address and e-mail address of the branch;
2. registration number, business name and address of the head office of a payment institution which established the branch;
3. date and number of the National Bank of Serbia’s decision granting approval to the payment institution to establish a branch in a third country;
4. description of payment services provided by the payment institution through its branch;
5. data on persons directly managing the provision of payment services through a branch;
6. number and date of a decision to withdraw approval referred to in paragraph 1 hereof. Register of electronic money institutions

6. The register of electronic money institutions shall contain data on:

1. electronic money institutions licensed to issue electronic money;
2. agents of electronic money institutions in the Republic of Serbia through which these institutions provide payment services;
3. branches of electronic money institutions in third countries.

7. The following data on electronic money institutions shall be entered in the register of electronic money institutions:

1. registration number of an electronic money institution;

2. business name and head office address, telephone, e-mail address and website of an electronic money institution;

3. business registry number and tax identification number (TIN) of an electronic money institution;

4. date and number of the National Bank of Serbia’s decision granting license to the electronic payment institution to issue electronic money, as well as the date and number of the National Bank of Serbia’s decision amending or supplementing that license;

5. financial statements of an electronic money institution with a report of an external auditor;

6. name and residence, or business name and head office of a person with qualifying holding in the electronic money institution and data on the amount of that holding;

7. data on members of managing bodies and persons directly managing the electronic money issuing activities and provision of payment services in an electronic money institution.

8. The following data on an agent of an electronic money institution in the Republic of Serbia shall be entered in the register of electronic money institutions:

1. business name, address of the agent’s head office and e￾mail address;
2. registration number, business name and address of the head office of the represented electronic money institution;
3. date and number of the National Bank of Serbia’s decision on entering the agent in the register of electronic money institutions;
4. description of payment services provided by the electronic money institution through its agent;
5. data on persons having a qualifying holding in the agent – legal person;
6. data on members of managing bodies and persons directly managing electronic money issuing and the provision of payment services in an agent – legal person;
7. date and number of the National Bank of Serbia’s decision on deleting the agent of the electronic money institution from the register of electronic money institutions.

9. The National Bank of Serbia shall enter in the register of electronic money institutions its approval for the establishment of a branch of the electronic money institution in a third country granted to that institution pursuant to the decision setting out detailed conditions and manner of granting and withdrawing approval for the establishment of branches of electronic money institutions. The following data on a branch of an electronic money institution in a third country shall be entered in the register of electronic money institutions:

1. name, address and e-mail address of the branch;
2. registration number, business name and address of the head office of an electronic money institution which established the branch;
3. date and number of the National Bank of Serbia’s decision granting approval to the electronic money institution to establish a branch in a third country;
4. description of payment services provided by the electronic money institution through its branch;
5. data on persons directly managing the electronic money issuing and provision of payment services through the branch;
6. number and date of a decision to withdraw approval referred to in paragraph 1 hereof. Keeping of the registers and entry of data

10. Registers prescribed by the present Decision shall be public registers and the National Bank of Serbia shall keep them in electronic form. Data from the registers referred to in this Decision shall be available on the website of the National Bank of Serbia.

11. Registration numbers of payment institutions and/or electronic money institutions in the registers referred to in this Decision shall be established by the National Bank of Serbia and assigned on entry in the registers. These numbers shall be unique, unchangeable and unrepeatable.

12. The National Bank of Serbia shall enter data in the registers referred to in this Decision on the basis of documents submitted by payment institutions and electronic money institutions, and on the basis of other available documentation. Any changes to the data referred to in Sections 2 to 9 of this Decision shall also be entered in the registers provided for by this Decision. Payment institutions and electronic money institutions shall be required to notify the National Bank of Serbia immediately of any changes in data entered in the registers referred to in this Section, and the National Bank of Serbia shall enter these changes within three days from receiving such notification. Deletion of data from the registers

13. The National Bank of Serbia shall delete data on a payment institution and an electronic money institution from the relevant register if the license for the provision of payment services and/or for electronic money issuing of the institution concerned ceased to be valid. If the payment institution has been granted license for electronic money issuing, the data on that institution shall be entered in the register of electronic money institutions and deleted from the register of payment institutions. The National Bank of Serbia shall delete data on the agent of a payment institution and/or an electronic money institution from the relevant register at the latest on the first business day after issuing the decision to delete that agent in accordance with Articles 102 and 136 of the Law. The National Bank of Serbia shall delete data on the branch of a payment institution and/or an electronic money institution in a third country within six months from issuing the decision to withdraw approval referred in Section 5, paragraph 1 and Section 9, paragraph 1 hereof. Final provision

14. This Decision shall enter into force on the eighth day from its publication in the RS Official Gazette and shall apply as of 1 October 2015.

NBS Executive Board No 56 19 June 2015 B e l g r a d e Chair of the Executive Board of the National Bank of Serbia G o v e r n o r of the National Bank of Serbia Jorgovanka Tabaković, PhD