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Recently, the National Bank of Serbia (NBS) has refused to certify a report on amended loan agreement between a foreign bank and a Serbian corporate borrower because the original loan...
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The Amendments to the Enforcement Act (“Official Gazette of RS”, No. 54/2019) came into force on 3 August 2019 (“Amendments“) but will, all but one, become applicable only on 1...
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The Amendments to the Registered Pledge on Movables Act (“Movables Pledge Act“), which became applicable on 7 May 2019, introduce, inter alia, new provisions on bank account pledge. The change...
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Modern business transcends national borders and increasing workforce mobility is a natural consequence. While the conditions for working in Serbia remain the same, the recently adopted amendments to two Serbian...
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One of the long-term aims proclaimed in the Montenegro’s tourism development master plan is to develop country’s high-end tourism offering. As high-end tourism requires high-end hotels, a number of regulatory...
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The new Health Protection Act (Zakon o zdravstvenoj zaštiti “Official Gazette of RS“, no. 25/2019) and Health Insurance Act (Zakon o zdravstvenom osiguranju “Official Gazette of RS“, no. 25/2019) have...
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Serbian residents are generally allowed to acquire shares in foreign companies. However, the Serbian Capital Markets Act (“CM Act“) prohibits cross-border public offers of shares directed at Serbian residents. Public...
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Brexit is not a topic even remotely as hot in Serbia as it is in the European Union. This is not surprising given that Serbia is not a Member State....
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The new Medical Devices Act (Zakon o medicinskim sredstvima, “Official Gazette of RS“, no. 105/2017), which had entered into force already on 1 December 2017, became applicable on 1 December...
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