Montenegro writes off interest on overdue tax liabilities
Montenegro recently adopted the Act on Write-Off of Interest on Overdue Tax Liabilities. The legislation came into force on 21 September 2024, and it will apply from 1 January 2025. Its aim is to incentivise taxpayers to clear their outstanding tax liabilities as part of the government’s broader effort to improve tax collection.
Montenegrin Renewables Act introduces support schemes for electricity from renewable sources
The Montenegrin Act on the Use of Energy from Renewable Sources (Renewables Act) came into force on 31 August 2024. This legislation aims to promote the production and use of green energy, and to implement the EU’s Energy Efficiency Directive.
Recent judicial scrutiny of the shadow banning practices
The controversial practice of shadow banning by social media platforms has been recently scrutinized for its compliance with GDPR by a court in Belgium.
Serbia amends payment services regulations to allow open banking services
The Serbian Parliament has approved the amendments to the Payment Services Act ("PSA") which are meant to mirror PSD2 and introduce open banking driven services to Serbian market. The amendments will begin to apply from 6 May 2025. We here summarize the most relevant changes.
Republika Srpska (Bosnia & Herzegovina) relaxes conditions for geological explorations
The amendments to the Geological Research Act of Republika Srpska, sub-sovereign entity within Bosnia & Herzegovina, took effect on 24 July 2024.
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