The adopted amendments to the Law on the Central Register of Ultimate Beneficial Owners introduce new obligations for reporting entities concerning the identification of the ultimate beneficial owner of a legal entity, in accordance with regulations governing the prevention of money laundering and terrorism financing.

Each reporting entity is required, by the date of entry into force of the new law, to obtain information on the ultimate beneficial owner of a client from the Central Register of Ultimate Beneficial Owners and compare it with its own data obtained in accordance with the law. If any discrepancies or missing data in the register are identified, the entity must immediately notify the competent authority — in this case, the Securities Commission.

At its 107th session held on April 17, 2025, the Securities Commission issued a decision revoking the license for performing investment firm activities granted to the brokerage firm CONVEST AD NOVI SAD, based on the company's request. With this decision, CONVEST AD NOVI SAD is removed from the register of issued licenses for brokerage firms.

At its 107th session held on April 17, 2025, the Securities Commission issued a decision revoking the license for the provision of investment services and activities of the credit institution Eurobank Direktna a.d. Belgrade, due to its merger by acquisition with Agro-industrial Commercial Bank AIK Banka a.d. Belgrade (as of March 28, 2025). Accordingly, Eurobank Direktna a.d. Belgrade has been removed from the register of issued licenses.