Jubmes Bank no longer operates as an Authorized Bank

At its 119th session of the IX term of office, held 21 February 2020, the Securities Commission adopted a decision revoking a license for carrying out activities of an investment firm from the authorized bank Jubmes banka a.d. Beograd. The decision was adopted following application filed by the company in question for withdrawal of its license and termination of activities of an investment firm. The company is removed from the register of issued investment firm licenses.

Financial instruments of clients of this authorized bank who had not selected an investment firm on their own, were transferred to the Tesla Capital a.d. Beograd, free of charge.