pc
nid 94464
Aug 07, 2026
arahman@vixio.com
Bosnia and Herzegovina
Restructuring Bank By Laws - Banking Agency of Fed
financial services
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1981 charsBosnia and Herzegovina Banking Agency Issues Operational Guidelines for Financial Market Infrastructure Contingency Plans
On August 6, 2026, the Banking Agency of the Federation of Bosnia and Herzegovina (FBA) published operational guidelines for financial market infrastructure contingency plans. The guidelines, referenced as U.O.-49-02/26 and dated July 27, 2026, establish procedures and requirements for banks and financial institutions operating within the federation's jurisdiction to maintain and implement contingency plans addressing unforeseen disruptions to financial market infrastructure.
The operational guidelines form part of the FBA's regulatory framework designed to ensure the stability and resilience of the financial system. These guidelines require financial institutions to develop comprehensive contingency plans that address potential disruptions to critical infrastructure, including payment systems, settlement mechanisms, and other essential financial market operations. The guidelines establish operational standards that institutions must follow when implementing these plans, including communication protocols, recovery procedures, and testing requirements. By mandating robust contingency planning, the FBA aims to minimize systemic risk and protect the integrity of financial markets during periods of operational stress or emergency situations. The guidelines apply to all banks and relevant financial institutions licensed or operating under FBA supervision within the Federation of Bosnia and Herzegovina.
The published guidelines are available for download in PDF format from the FBA's official website. Financial institutions subject to FBA regulation should review the guidelines and ensure their contingency plans comply with the operational standards outlined. Institutions should incorporate the requirements into their existing business continuity and disaster recovery frameworks and conduct regular testing to validate plan effectiveness.
REFERENCES:
Banking Agency of the Federation of Bosnia and Herzegovina (FBA) – Official Publication, August 6, 2026
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1304 charsBanking Agency of the Federation of Bosnia and Herzegovina Adopts Operational Guidelines for Financial Market Infrastructure Contingency Plans
On July 27, 2026, the Banking Agency of the Federation of Bosnia and Herzegovina (FBA) adopted the Operational Guidelines for Financial Market Infrastructure (FMI) Contingency Plans.
These guidelines establish the FBA's expectations regarding the content, preparation, updating and phased implementation of contingency plans for financial market infrastructures, which banks prepare to ensure continuity of access to key and essential services of financial market infrastructures before and after a restructuring.
The plans are expected to contain the following information:
Activities that each key FMI service provider may undertake before and during the restructuring, as well as any resulting additional financial and non-financial requirements.
The bank's ability to continue meeting the financial and non-financial requirements of FMI providers for uninterrupted access before and during restructuring.
The consequences of an interruption, suspension or reduced access to the bank's key functions and key lines of business.
Further mitigation measures the bank may take in the event that access to key FMI services is interrupted, suspended or reduced.
The FBA expects the content of FMI contingency plans to be tailored to the banks and its specific relationship with FMI service providers.