Commission held its 15th session

Today, the Securities Commission of the Republic of Serbia held 15th ordinary session of the tenth term of office. It discussed and decided on several issues and items on the agenda.

The Commission granted prior approvals for general enactments and the rules concerning the performance of depositary functions of Komercijalna banka a.d. Beograd. Moreover, the Commission discussed and adopted a broker-dealer liquidity report for February 2022, derived from the Commission’s regular supervision carried out on the ongoing basis over the market participants.

In addition, the annual report on activities of the Securities Commission for the period January–December 2021 was adopted at this session. The Commission’s annual report, together with the financial reports and the auditor’s report, is submitted to the National Assembly for approval and to the Government of the Republic of Serbia for adoption, after which it will be published on the Commission’s website.

Also, the Commission discussed and adopted a report on the Commission’s actions in connection with the website www.sref.rs. This website was active in 2021 and the report states that it collected information on the persons interested to invest into real estate via an investment fund. The Commission had already issued a special warning in May last year, informing the investment community that certain activities cannot be performed without a valid authorization issued by the Securities Commission to establish an alternative investment fund investing in real estate.