The Republic of Serbia Assembly adopted a new act on the capital market. After ten years of application of the “old” Capital Market Law (RS Official Gazette, No 31/11, 112/15, 108/16, 9/20 and 153/20) amended and fine-tuned on several occasions in this period, in response to the needs and developments of the market and its participants – Serbia now has the new, more comprehensive and detailed, EU-aligned text. The new law is aligned with the EU regulations governing markets in financial instruments (MiFid II), prospectus, investor compensation regimes, transparency, settlement finality in securities settlement systems, and market abuse.
Improved measures to combat money laundering and terrorist financing and National Risk Assessment Compendium made available to the public
Following the favorable review according to a new follow-up report published by the Council of Europe anti-money laundering body MONEYVAL (more about this in the text of the article), the regulatory authorities prepared a compendium of the comprehensive National Risk Assessment and made it available to the public.
Serbian National Assembly elected RSSEC Chairman and Commissioners
Today, the first session of the new, tenth term of office of the Securities Commission was held. At the proposal by the National Assembly's Committee on Finance, State Budget and Public Spending Control, the National Assembly of the Republic of Serbia elected Marko Janković as the Chairman of the Securities Commission for the second time, and elected and reelected the Commissioners: Mirjana Ivošević, Aleksandar Stojković, Irena Radulović and Nemanja Ristić. Pursuant to the Capital Market Law, the Chairman of the Commission is appointed for a five-year period.
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