Harmonizacija regulative o upravljanju rizikom u bankarskom sektoru Srbije
Harmonization Of Risk Management Regulations In The Banking Sector In Serbia

Summary/Abstract: The stability of economic environment as a factor of growth and development directly depends on the reliability of the financial sector in the country. For this reason, good risk management in banks and other financial institutions is very important. On the other hand, the turbulent environment in which banks operate involves a continuous exposure of the bank; therefore, a continual improvement of the control system is necessary. Historically, this is a process that has been developing for many years, both within financial institutions themselves and within national systems for bank control. The globalization of financial markets gave rise to the globalization of the financial sector supervision system. The aim of this paper is to emphasize the importance of international standards in this area, but also to point out the current level of harmonization of the national legislation in Serbia with these standards.

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