Republic of Serbia: Financial Sector Assessment Program Update: Technical Note on Deposit Insurance

Publication Date:

May 27, 2010

Electronic Access:

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Summary:

This Technical Note discusses key findings of the assessment of deposit insurance in Serbia. The deposit insurance scheme is managed by the deposit insurance agency (DIA), which has a multi-faceted mandate. Consequently, few DIA staff is actively involved in the core mandate of deposit insurance fund (DIF) management. DIA revenue sources are volatile, and DIF related revenues are used to subsidize non-DIF related activities. To improve transparency and ensure sustainability of the DIF, the legal framework should be amended to clarify the use of DIF resources and cap the use for operating costs.

Series:

Country Report No. 2010/151

Subject:

English

Publication Date:

May 27, 2010

ISBN/ISSN:

9781455205677/1934-7685

Stock No:

1SRBEA2010007

Pages:

18

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