Agencija za Bankarstvo Republike Srpske

The European Commission published the Decision confirming the equivalence of the supervisory and regulatory framework in Bosnia and Herzegovina

04.10.2021. yr.

As announced in the Press Release as of 15 September, 2021, on 1 October, 2021, the European Commission (EC) adopted the Decision confirming the equivalence of the supervisory and regulatory framework in Bosnia and Herzegovina in relation to Regulation (EU) No. 575/2013 of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms and amending Regulation (EU) no. 648/2012 (CRR) and Directive 2013/36/EU 2013 of the European Parliament and of the Council on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (CRD).

The Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union, i.e. on 24 October, 2021. In the context of current circumstances and the need to improve the economic status of Republika Srpska, i.e. Bosnia and Herzegovina, the latest decision of the EC represents the most significant event in 2021 in the field of economy, banking and finance. The implementing decision of the European Commission represents the achievement of the strategic goal of the Banking Agency of Republika Srpska, which is of great importance for Republika Srpska, i.e. Bosnia and Herzegovina, the banking system, the economy and citizens.

Banking Agency of Republika Srpska