Canada    FinTech Guide    Chapter 11    Serbia

11. Identification
Serbia  Serbia

Legal Affairs

FinTech identification services in Serbia may be performed only by licensed financial institutions. These activities may only be outsourced to other entity on the basis of the agreement concluded with the financial institution and after the NBS is duly informed on all ancillary documents and draft outsourcing agreement.

Performing those activities is not licensable activity, but may be performed only in cooperation with the financial institution.

Economic Conditions

There is no market for identification services since they may be performed only by licenced financial institutions as noted above.


Further regulation and market expansion in this area is expected.

Contributing Authors

Karanovic & Nikolic

Marko Ketler
Belgrade, Serbia

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3. Consulting and Broking Services / Robo-advisory / Auto-trading

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10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 May 2018