Decision on the Contents of Registers of Payment Institutions and Electronic Money Institutions and Conditions for Maintaining These Registers

RS Official Gazette, No 102/2024
Pursuant to Article 105, paragraph 5 and Article 139, paragraph 5 of the Law on Payment Services (RS Official Gazette, Nos 139/2014, 44/2018 and 64/2024), 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, 40/2015 – CC decision and 44/2018), the Executive Board of the National Bank of Serbia hereby issues D E C I S I O N ON THE CONTENT OF REGISTERS OF PAYMENT INSTITUTIONS AND ELECTRONIC MONEY INSTITUTIONS AND ON DETAILED CONDITIONS AND MANNER OF MAINTAINING THESE REGISTERS

1. This Decision sets out the content of the registers of payment
   institutions and electronic money institutions, detailed conditions and manner of maintaining these registers by the National Bank of Serbia 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, as well as data on any termination of validity of those licences;

2. account information service providers, as well as on deleted
   account information service providers;

3. agents of payment institutions in the Republic of Serbia;

4. branches of payment institutions in third countries;

5. service providers performing an activity exempt from the
   application of the provisions of the Law on Payment Services (hereinafter:
   Law), notably:
   – service providers which submitted to the National Bank of Serbia the notification referred to in Article 3, paragraph 3 of the Law based on which the National Bank of Serbia decided that the activities notified are to be considered exempt from the application of the provisions of the Law, – service providers which submitted to the National Bank of Serbia the notification referred to in Article 3, paragraph 5 of the Law. The data referred to in paragraph 1 hereof entered in the register of payment institutions shall be kept separately for the following groups:

6. payment institutions, except registered account information
   service providers, agents and branches of those payment institutions;

7. registered account information service providers and their agents;

8. service providers referred to in paragraph 1, item 5) hereof
   (hereinafter: providers of services that are not considered payment services).

3. The following data on the payment institution referred to in Section 2,
   item 1) hereof 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
   licence 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 licence;
5. date and number of the National Bank of Serbia’s decision
   terminating the payment institution’s licence to provide payment services;
6. types of payment services which a payment institution is
   authorised to provide according to the issued decision;
7. financial statements of a payment institution with external auditor’s
   report;
8. 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;
9. data on members of managing bodies and persons directly
   managing the provision of payment services in a payment institution.

4. The following data on a registered account information service
   provider shall be entered in the register of payment institutions:

1. registration number of an account information service provider;

2. business name and head office address, telephone, e-mail
   address and website of an account information service provider;

3. business registry number and tax identification number (TIN) of an
   account information service provider;

4. date and number of the National Bank of Serbia’s decision based
   on which the account information service provider is entered in the register of payment institutions;

5. date and number of the National Bank of Serbia’s decision on
   deleting the account information service provider from the register of payment institutions;

6. account information service which the account information service
   provider is authorised to provide according to the issued decision;

7. data on members of managing bodies and persons directly
   managing the provision of payment services in the account information service provider.

5. The following data on a payment institution’s agent 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 with 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.

6. 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.

7. The following data on a provider of services that are not considered
   payment services shall be entered in the register of payment institutions:

1. business name, address of the head office, e-mail address and
   website;
2. business registry number and tax identification number (TIN);
3. type and description of the services provided by the provider;
4. date of entry in/deletion from the register.

8. If the National Bank of Serbia imposes in accordance with Article 186
   of the Law a special measure appointing a temporary representative for the supervision of operation of the payment institution, the following data relating to that special measure shall also be entered in the register of payment institutions:

1. name and surname of the temporary representative;
2. number and date of the act governing the status of the temporary
   representative (appointment, dismissal, extension of mandate, termination of mandate, etc.);
3. information whether the temporary representative is taking over
   the managing of the institution’s business.
   Register of electronic money institutions

9. 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.

10. 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
   licence to the electronic money institution to issue electronic money, as well as the date and number of the National Bank of Serbia’s decision amending or supplementing that licence;

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

6. name and residence, or business name and head office of a
   person with a 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 the electronic money institution.

11. 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 with 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.

12. 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.

13. If the National Bank of Serbia imposes in accordance with Article 186
    of the Law a special measure appointing a temporary representative for the supervision of operation of the electronic money institution, the following data relating to that special measure shall also be entered in the register of electronic money institutions:

1. name and surname of the temporary representative;
2. number and date of the act governing the status of the temporary
   representative (appointment, dismissal, extension of mandate, termination of mandate, etc.);
3. information whether the temporary representative is taking over
   the managing of the institution’s business.
   Keeping of the registers and entry of data

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

15. 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.

16. 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, providers of services that are not considered payment services and electronic money institutions, and on the basis of other available documentation. Any changes to the data referred to in Sections 2 to 13 of this Decision shall also be entered in the registers prescribed by this Decision. Payment institutions, providers of services that are not considered payment services 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, while the National Bank of Serbia shall enter these changes within three days of receiving such notification. Deletion of data from the registers

17. The National Bank of Serbia shall delete a payment institution and
    an electronic money institution from the relevant register if the licence for the provision of payment services and/or for electronic money issuing of the institution concerned ceased to be valid. The National Bank of Serbia shall delete an account information service provider from the register of payment institutions by no later than the first business day following the day of the National Bank of Serbia’s decision on deleting that service provider from the register of payment institutions. The National Bank of Serbia shall delete from the register of payment institutions a provider of services that are not considered payment services upon receiving evidence or upon learning in any other way that the provision of those services ceased, as well as upon the issuing of the National Bank of Serbia’s decision that conditions are no longer met for the activities from the notification referred to in Article 3, paragraph 3 of the Law to be considered activities exempt from the provisions of the Law, and/or if it fails to submit to the National Bank of Serbia at least once a year the opinion referred to in
    Article 3, paragraph 5 of the Law.
    If a payment institution or a provider of services that are not considered payment services is granted a licence to issue electronic money, the data on

that institution or provider 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 by no later than the first business day following the issuing of 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 the issuing of the decision to withdraw approval referred in Section 6, paragraph 1 and Section 12, paragraph 1 hereof. Final provisions
18. This Decision repeals the Decision on the Contents of Registers of
Payment Institutions and Electronic Money Institutions, as well as on Detailed Conditions and Manner of Maintaining These Registers (RS Official Gazette, Nos 55/2015 and 15/2019).
19. This Decision shall enter into force on the eighth day following its
publication in the RS Official Gazette and shall apply as of 6 May 2025. NBS EB No 82 Chairperson 20 December 2024 NBS Executive Board B e l g r a d e G o v e r n o r National Bank of Serbia Dr Jorgovanka Tabaković, sgd.