In accordance with the latest industry requirements and market developments, and with the prescriptions of Basel II in mind, a finalised draft Banks Amendment Bill was approved by the Standing Committee for the Revision of the Banks Act in November 2006. Parliamentary hearings on the draft Bill were held in mid-June 2007.
According to our estimate, key risks emanate from the international environment, which is why we will continue to closely monitor and analyse developments in the international financial market and the market of primary commodities, and to assess their impact on economic developments in Serbia. As so far, we will use all our instruments to ensure low and stable inflation in the medium term.