Category

Finance
The latest amendments to the Foreign Exchange Law will come into effect on 27 March 2014. The amendments moderately liberalize the foreign exchange regime applicable in Republika Srpska. Foreign deposits...
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Increased threshold for mandatory takeover offer The percentage of voting shares held in the target company that triggers mandatory takeover offer is increased from 25% to 30% of total number...
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The National Bank of Serbia amended its Decision on Transactions with Financial Derivatives (Odluka o obavljanju poslova sa finansijskim derivatima, “Official Gazette of the Republic of Serbia”, No. 85/2011) to...
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Zakon o izmjenama i dopunama Zakona o tržištu hartija od vrijednosti objavljen je u Službenom glasniku Republike Srpske br. 59/13, a stupiće na snagu 23.07.2013. Povećanje kapitala pretvaranjem poreskog duga u...
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The latest amendments to the Serbian Law on Foreign Exchange Transactions (Zakon o deviznom poslovanju, Official Gazette of the RS 62/2006, 31/2011 and 119/2012) (“Forex Law”), adopted in 2012, liberalized...
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Serbia has made a further step towards foreign exchange liberalization, by the Parliament adopting on 15 December 2012 a new set of amendments to the Law on Foreign Exchange. The...
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The Montenegrin Parliament adopted legislation regulating financial collaterals (Zakon o finansijskom obezbeđenju, “Official Gazette of the Republic of Montenegro”, no. 44/12) (“Financial Collateral Act”). The law came into force on...
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In its decision dated 12 July 2012 (“Official Gazette of Republic of Serbia” no. 71/2012), the Constitutional Court of Serbia held that the provisions of the Serbian Insolvency Act (Zakon...
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This regulation, effective as of 4 January 2012, implements the recently amended Law on Foreign Exchange Transactions (Zakon o deviznom poslovanju, Official Gazette of the RS 62/2006 and 31/2011) (“Forex...
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According to the Serbian Law on Obligations, parties cannot freely set default interest rate applicable to late payments but are bound to apply a statutory rate. The Serbian Parliament passed...
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