The Securities Commission of the Republic of Serbia warns citizens and investors about the increasing occurrence of various forms of fraud spreading via the internet and social media in the area of investing and trading in financial instruments, including cases of impersonation on behalf of the Belgrade Stock Exchange and other capital market participants.

The Securities Commission of the Republic of Serbia has become a signatory to the international Administrative arrangement for the transfer of personal data between EEA Authorities and Non-EEA Authorities.

The Administrative Arrangement represents a cooperation mechanism enabling the lawful and secure transfer of personal data between competent authorities, in accordance with the data protection standards applied within the European Union.

The International Organization of Securities Commissions (IOSCO) has launched a new global investor alert portal – the International Securities & Commodities Alerts Network (I-SCAN) – with the aim of strengthening investor protection and more effectively combating investment fraud.

I-SCAN is a centralized platform through which investors, banks and other interested stakeholders can verify whether a warning has been issued by a financial regulator in any jurisdiction in relation to a particular entity or investment offering. The platform consolidates information on entities identified as providing investment services without authorization or as being associated with suspicious activities.