2025-04-29
The Executive Board of the National Bank of Serbia issues this Decision to prescribe detailed limitations and requirements for the investment of insurance funds, including technical provisions and guarantee reserves. The regulation establishes specific percentage caps for various asset classes such as securities, equity interests, and immovable property, while mandating credit rating thresholds and diversification rules to mitigate risk. It further defines criteria for foreign investments, requires quarterly reporting to the regulator, and sets a compliance deadline of December 31, 2015, for aligning existing assets with these new standards.