Regulatory Alerts2026-07-03
Added
Regulation on safeguarding requirements applicable to payment institutions and electronic money institutions
This Regulation establishes safeguarding requirements for payment institutions and electronic money institutions authorized by the Central Bank of Kosovo. Payment institutions must safeguard user funds by either depositing them in separate fiduciary accounts or securing them with insurance, while electronic money institutions must safeguard funds issued for electronic money within five business days. The document mandates internal control procedures, reconciliation processes, and one-month advance notice to the Central Bank for major changes, and it repeals the previous 2019 regulation on regulatory capital and safeguarding.
Topics
safeguarding
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