Category

Finance
Last week, we critically commented on the NBS’s interpretation of the Serbian Foreign Exchange Act with respect to the permissibility of pledge on local receivables as security for claims of...
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The National Bank of Serbia (“NBS“) released interpretative guidance regarding the application of the foreign exchange regulations on certain cross-border transactions. Among other things, the guidance responds to a question...
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The National Bank of Serbia (NBS) has updated its regulation of cross-border loans and guarantees involving Serbian borrowers and security providers (Update). The Update allows Serbian borrowers to agree to...
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At one of the last sessions this year, the Serbian parliament voted to adopt the Digital Assets Act (Zakon o digitalnoj imovini) intended to regulate, but also enhance, the use...
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The National Bank of Serbia has adopted new measures to facilitate loan and financial leasing instalment repayments to corporate clients affected by COVID-19 pandemic, which have come into force on...
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By the end of this year, Serbia is expected to have a completely new legislation dedicated to cryptocurrencies and other instruments referred to as “digital assets” (digitalna imovina). The draft...
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As a follow-up to the Decree on the Procedure for Issuance of Debt Securities (“Decree“), the Serbian Securities Commission (“SEC“) has enacted amendments to the Regulation on Content of Application...
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On 16 April 2020, the Government of the Republic of Serbia adopted a decree establishing a scheme for the issuance of unconditional, on-demand state guarantees to banks for working capital...
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The Government of Serbia adopted on 10 April 2020 the emergency Decree on the Procedure for Issue of Debt Securities (“Decree“), which provides for the simplification of the current regime...
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The National Bank of Serbia has taken steps to preserve financial stability in the wake of the COVID-19 pandemic situation and the associated state of emergency declared in Serbia. Specifically,...
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