Keeping up with laws and other regulations, studying current issues in the banks' operations from the legal aspect, proposing solutions and giving legal opinions and suggestions for the practical implementation of laws and other regulations, as well as recommendations and instructions for the uniform implementation of regulations;
Initiating amendments to regulations relevant to the operations of banks or adopting new ones, and cooperating with the competent authorities and institutions that draft legal and other regulations;
Coordinating of the work of the ASB Legal Operations Committee - preparation of meetings, materials, conclusions, meetings and agreements with other market participants relevant to the work of the Committee (judges, attorneys, notaries, public enforcement officers, etc.)
Preparation and organisation of the symposium covering the topics of legal operations in banks;
Keeping up with judicial practices - cooperation with judicial authorities to harmonise case law and takeing positions on open issues in banking disputes;
Drafting general regulations of the Association and performing legal activities for the Association;
Providing professional assistance to the bodies of the Association;
Representing the Association in disputes before the courts, under the authority of the Secretary General;
Preparing materials for the bodies of the Association, implementing decisions and conclusions of those bodies and performing other tasks, under the authority of the Secretary General;
Performing the role of Deputy Risk Manager at the Bank Clearing Institution (BCI) for payment system operators, for which the Association of Serbian Banks is licensed.
The most important activities of the ASB Legal Operations Committee are: providing expert assistance to banks in interpreting and implementing laws in the fields of economic, banking and procedural legislation; finding expert solutions in specific cases; participation in drafting system laws; organising expert discussions on drafts and bills, by-laws and other regulations, remarks and suggestions for the improvement of certain provisions of drafts and bills, by-laws and other acts, launching initiatives for amending or adopting new regulations, as well as for changing certain legal issues of interest to the banks' operations.
A major priority in the Committee's work is to contribute to the creation of a more practical legal framework for more efficient and secure bank operations.
The cooperation with the National Bank of Serbia, ministries and other bodies of the Government of the Republic of Serbia, other state bodies and organisations and entrepreneurial holders of public authority, is another aspect of the Commitee's operations.