The Securities Commission of the Federation of Bosnia and Herzegovina has launched cooperation with the Federation of Municipalities and Cities of the Federation of Bosnia and Herzegovina, centered on an initiative to amend the Law on Investment of Public Funds. The proposed changes would allow local self-government units to invest surplus funds in securities issued by other municipalities and cities, rather than being limited to entity-issued securities under current rules. Discussions also covered the Commission’s education agenda, with an emphasis on improving transparency and professionalising public funds management through systematic licensing of investment managers in local governments and other investment institutions under the Securities Market Act and the Law on Investment of Public Funds. The stated objective is to support legal compliance in municipal and city investment decisions, reduce mismanagement risk, and strengthen protection of public funds. The Commission and the Federation of Municipalities and Cities agreed to work jointly on education, counselling, and the implementation of standards so that all local self-government units meet their legal obligations in this area.

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