Although private security services in the Republic of Serbia have not yet been regulated by national law, there are many manifestations of their activities, which are directed towards the protection of people, property, business, and environmental protection. Regarding positive laws on private security sector and the Draft Law on Private Security, as well as up-to-date practice in this area, the author deals with the role and capacity of private security agencies in risk assessment about accidents involving explosives. Special attention is paid to risk assessment involving production, handling, transportation and storage of explosives due to specific requirements for those explosive materials. The author also points out the importance of ri...