The legal grounds for signing agreements
In line with Article 262 of the Law on the Capital Market, the Securities Commission is competent to cooperate with international organizations, foreign regulators and other local and foreign bodies and organizations in order to provide legal assistance, exchange information and in other cases.
Agreements on cooperation with securities regulators of other countries represent a written consent of the signatories on mutual cooperation and provision of technical assistance and exchange of information within their remit and in the area of securities markets.
The purpose of signing agreements
Bilateral and multilateral cooperation of the national securities commission with national regulatory authorities of financial markets of other countries has the purpose of:
• Exchange of experience in regulation, supervision and development of national financial markets
• Exchange of public information on international transactions and efficient conduct of transactions on the securities markets
• Sanctioning violations
• Preventing disturbances of the securities market caused by external factors etc.
• Agreements with securities regulators of other countries have the aim to integrate the national financial market into the world market. They should also enhance application of principles of the International Organization of Securities Commissions (IOSCO) and facilitate efficient cross-border transactions of securities with maximum protection of investors.
Signed agreements on cooperation
The Securities Commission has signed the following agreements regarding technical cooperation, mutual assistance and consultations (Protocols on Cooperation), and memoranda of understanding concerning consultation and cooperation and the exchange of information (MoU):
In line with Article 262 of the Law on the Capital Market, the Securities Commission is competent to cooperate with international organizations, foreign regulators and other local and foreign bodies and organizations in order to provide legal assistance, exchange information and in other cases.
Agreements on cooperation with securities regulators of other countries represent a written consent of the signatories on mutual cooperation and provision of technical assistance and exchange of information within their remit and in the area of securities markets.
The purpose of signing agreements
Bilateral and multilateral cooperation of the national securities commission with national regulatory authorities of financial markets of other countries has the purpose of:
• Exchange of experience in regulation, supervision and development of national financial markets
• Exchange of public information on international transactions and efficient conduct of transactions on the securities markets
• Sanctioning violations
• Preventing disturbances of the securities market caused by external factors etc.
• Agreements with securities regulators of other countries have the aim to integrate the national financial market into the world market. They should also enhance application of principles of the International Organization of Securities Commissions (IOSCO) and facilitate efficient cross-border transactions of securities with maximum protection of investors.
Signed agreements on cooperation
The Securities Commission has signed the following agreements regarding technical cooperation, mutual assistance and consultations (Protocols on Cooperation), and memoranda of understanding concerning consultation and cooperation and the exchange of information (MoU):
- Protocol on Cooperation signed with the Federal Commission for the Capital Market of the Russian Federation, in St Petersburg, 19 June 2001
- Protocol on Cooperation signed with the Securities Commission of Republika Srpska, in Banja Luka, 07 November 2001
- Memorandum of Understanding signed with the Securities Commission of Bosnia and Hercegovina, in Belgrade, 17 November 2004
- Memorandum of Understanding signed with the Securities Commission of Romania, in Belgrade, 22 November 2004
- Memorandum of Understanding signed with the Securities Commission of the Republic of Croatia, in Zagreb, 12 October 2005
- Memorandum of Understanding signed with the Securities Commission of Montenegro, in Belgrade, 3 November 2005
- Memorandum of Understanding signed with the Securities Commission of the Republic of Greece, in Athens, 6 December 2005
- Memorandum of Understanding signed with the Financial Supervision Commission of the Republic of Greece, 5 October 2007
- Memorandum of Understanding signed with the Financial Supervision Commission of the Republic of Bulgaria, 5 October 2007
- Memorandum of Understanding signed with the Securities Commission of B&H Brčko District, in Belgrade, 13 March 2008
- Memorandum of Understanding signed with the Securities Commission of the Republic of Macedonia, Ohrid, 9 October 2008
- Memorandum of Understanding signed with the Securities Market Agency of Slovenia, in Opatija, 12 April 2010
- Declaration on Cooperation, signed by the regional capital market regulatory authorities on 30 November 2011 for the period of five years. The continuation of the Declaration signed on 12 October 2016 in Ljubljana
- Memorandum of Understanding signed with the Central Bank of Russia, 11 July 2018