Category

Finance
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...
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In 2014, Serbia made a big step forward in aligning its payment services regulations with the EU rules. The Payment Services Act (Zakon o platnim uslugama), a local equivalent of...
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The current global environment is giving BNPL (“buy now pay later”) incredible momentum. People are working and shopping more and more from their homes. Many of them need more financial...
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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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