The Republic of Serbia Securities Commission has prepared a Draft Rulebook on Capital Adequacy Reporting by Broker-Dealer Companies. The Rulebook also comprises instructions for BDCs on how to calculate capital adequacy, forms for calculating capital and capital requirements for risk to which BDCs are exposed and forms for BDC exposure to a person or a group of persons (Annex III). The comments can be sent to the Securities Commission by Friday, 21 October 2016.
BDC liquidity report filing via SEC Gateway
As of Tuesday 4 October 2016, broker-dealer companies can start filing reports on liquidity through the Reporting Gateway of the Securities Commission. The October monthly reports on liquidity will be filed solely through the Gateway.
New authorized bank – Mirabank
On 30 September 2016 the Republic of Serbia Securities Commission adopted a decision granting a license to the authorized bank Mirabank a.d. Beograd to perform the activities of an investment firm and to provide investment services. The Commission has established that the authorized bank meets all the conditions stipulated by the Law.