Corporate bonds in Serbia Serbia’s capital markets are underdeveloped and businesses rely predominately on bank financing. However, there are strategies and initiatives by the Serbian government and the World Bank in place, aimed to stimulate the growth of capital markets and create new investment opportunities through the issuance of bonds by Serbian corporates. Comprehensive immigration and tax guide to relocating to work in Serbia The new EU Commission’s Notice on Relevant Market Definition and its Effect in Serbia, Montenegro, and Bosnia and Herzegovina The European Commission (“Commission“) adopted the revised Market Definition Notice for competition cases (“revised Notice“). The revised Notice supersedes the 1997 Commission Notice on the definition of the relevant market for the purposes of Community competition law (“1997 Notice“), the longest-lasting soft law instrument of EU law which ultimately had to succumb to new market realities. REM unlawfully discontinued proceedings against Happy TV for denial of atrocities in Prijedor camps, Administrative Court rules In a recent decision, the Administrative Court in Belgrade refuted the position of the Serbian electronic media regulator (REM) that the purported lack of a majority of votes entitled the regulator to discontinue the proceedings against a television broadcaster. Regulating E-Money in Republika Srpska (Bosnia and Herzegovina) Last year we have discussed the prospects for Republika Srpska to regulate for the first time the issuance and the use of electronic money. The wait is over - the National Assembly has passed the Electronic Money Act ("E-Money Act") which will begin to apply in June 2024. We discuss in this newsletter the key concepts of the new e-money legislation.

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We advise clients on deals, support and represent them in contentious situations and provide legal advice in support of their business. Our focus is on helping our clients resolve complex situations that require expertise that is above the market standard. However, we are also able to support clients in an efficient manner on standard challenges they face in the course of their business. Our efficiency is guaranteed by institutionalized know-how, organized processes and the use of legaltech that does not compromise on the quality of our work product.

The firm’s approach assumes specialisation in different areas of laws and knowledge of specific industry regulations.

With three offices in the region, distinct practices and industry sectors and more than 30 specialist fee earners, we are able to offer clients top expertise and premier service standards. Structured cooperation with top-tier law firms in the SEE region to provide seamless multi-jurisdictional service.

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