Financial Services Committee

Work of this sectoral Committee is dedicated to improving the regulatory environment for financial services in Serbia in order to modernize the market and facilitate economic growth. Topics addressed by this committee include improvement of regulatory framework of financial services with focus on digitalization, capital market, prevention of money laundering, insurance and leasing. This task is being dealt with by members from various industries interested in this agenda, including banks, leasing and insurance, law firms, pharmaceutical industry, oil, audit, food and agriculture, wholesale, real estate and construction consultancy.

Established in June 2020 as part of the reorganization of FIC committees, the committee has more than 30 members.

Main priorities defined in Financial Services Committee Program 2022-2024 are:

Development of Serbian financial market:
- Introduction and wide acceptance of more sophisticated financial products. Promotion of REPO and IRS products as useful liquidity and interest rate management tools
- Digitalization of Bills of Exchange registered with NBS and banks
- Creation of reliable local currency interest rate benchmarks (yield curve)
Preparation of the next financial conference and more frequent open communication between the private and public sector, especially with NBS
Financial education of members: education on topics that members feel the need to know more or want to have a better knowledge of financial sector products

For all the information regarding this committee please contact Regulatory Director Jelena Lazarevic, email jelena.lazarevic@fic.org.rs or phone +381 11 3281 958 & +381 11 3281 965.

For more info about the organization of committees and the scope of their activities please see main Committees page.