COMMENT
We Won't Return To Old Ways DUŠAN LALIĆ President of the FIC Financial Services Committee (Generali Osiguranje Srbija a.d.o.)
In the focus of our committee will be helping the regulator, through proposals for amending regulations, to introduce the full digitalisation of our business operations
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a great challenge both for us and for the regulator. For the he Foreign Investors Council recently gained it own regulator, it implies introducing complete digitalisation Financial Services Committee. There were several through regulations, i.e. the possibility of 100% remote motives for establishing this new committee. One communication between us and our clients. This will be the was to unburden the Legal Affairs Committee, main focus of this committee, in order to help the regulator which covered topics encompassing banking and the fiintroduce full digitalisation to our operations through pronancial sector. The second motive was to create financial unity on issues that relate to this sector. Thus, when united posed amendments to regulations. Likewise, most companies we ease the addressing of regulatory bodies and create a belong to international groups and that provides us with more efficient way for us to the possibility of presenting communicate with the state. comparative legal solutions, I consider that as a good soin the region and in Europe, We wish to create a traditional to the state. lution that represents a great annual conference of the Another of the things that way to introduce problems this committee will also work and issues that concern the financial sector at which all on is the creation of a trasector as a whole. stakeholders in the financial services When it comes to the digiditional annual conference of the financial sector. The talisation of financial services, sector and representatives idea is for all stakeholders in we can note that COVID-19 of state bodies would be the financial services sector compelled us to work diffeable to meet in one and representatives of state rently and imposed plenty bodies (the National Bank of of challenges on us. What is place to discuss all Serbia, Ministry of Finance, certain is that we won't be open issues and Directorate for the Prevenreturning to the old ways. Here I primarily mean that it tion of Money Laundering exchange their stances will be ever less necessary to etc.) to meet in one place and physically go to the branches discuss all open issues and of banks or insurance companies, and that our sector will exchange their stances. This conference would also provide work towards almost everything being conducted digitally. an opportunity for the financial sector to present future Of course, this does not mean that branches will be closed challenges and plans to regulators. In conclusion, the aim completely. Rather this means that they will have to enable of the conference would be to ensure that special guests their clients to also access the services they provide digifrom abroad always come to talk about contemporary topics from the financial sector. â– tally. In this aspect, digital business operations represent FOREIGN INVESTORS COUNCIL 2020
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