EU relaxes the rules on horizontal cooperation during COVID-19 crisis 1 The rise of the BNPL model and the opportunities in the Serbian market Investment Protection Between Serbia and Major Economies: United States Investment protection between Serbia and major economies: United States Over the next several weeks, we will be reviewing investment protection frameworks applicable between Serbia and several major world economies, specifically the US, China, Russia, Germany, Italy, and France. We open the series with the analysis of the framework applicable to US investments in Serbia, following the recent ratification of the investment incentive agreement. Serbia gets its standard contractual clauses Serbian state aid watchdog issues its first recovery order The first recovery order since the enactment of the Serbian State Aid Control Act was issued on 1 November 2021. It directs the Ministry of Finance to recover from the Serbian subsidiary of the Italian shoe-maker Geox a total of approx. EUR 3.5 million, with default interest running from two different dates in 2016. Which employment-related documents can be executed in electronic form in Serbia? According to the Labour Act, a number of employment-related decisions must be personally served on the employee at the employer’s premises, or at the employee’s address by registered mail. PPF Group sells a minority stake in CETIN Group Law firm as a data controller: careful with the disclosure of sensitive data On 22 September 2021, the Icelandic data protection authority issued a ruling against a law firm, Magna Lögmanna ehf, in which it determined that the law firm’s disclosure of complainant’s personal data to the general e-mail address of an Icelandic municipality did not comply with GDPR.

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BDK Advokati (BDK) is a full-service law firm with offices in Belgrade (Serbia), Podgorica (Montenegro) and Banja Luka (Bosnia and Herzegovina). The firm was established in 2004 and quickly reached the top-tier in Serbia. From the outset, the firm has also been active in transactions and litigation taking place in the neighbouring markets of Montenegro and Bosnia and Herzegovina. This experience was strengthened with the opening of offices in Podgorica in 2009 and Banja Luka in 2013.

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