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Newsletter
The 2014 amendments to the Labour Act enabled the employer to terminate an employee for a breach of discipline that constitutes a criminal offence committed at work or in relation...
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January cold blast spanning the region was a suitable mizenscène for the signing ceremony of the Memorandum of Understanding for the development of bidirectional gas interconnector between Bulgaria (Sofia) and...
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The Serbian Capital Markets Act enters 2017 with the new provisions on market abuse, bringing it closer to the Regulation (EU) No 596/2014 (Market Abuse Regulation or MAR). The amendments took...
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On 28 December 2016, the Serbian Parliament adopted amendments to the Takeover Act (“Amendments to the Takeover Act“), which became applicable on 6 January 2017. Thresholds for mandatory takeover bid...
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Introduction The International Swaps and Derivatives Association (ISDA) published in March 2000 a document in which it briefly outlined the principles that an effective and efficient modern legal regime for...
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The health of the banking sector in Serbia European banks are still coping with the challenging environment defined by, among other issues, the high level of impaired assets and mounting...
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On 6 July 2016, the Serbian telecommunications regulator, the Regulatory Agency for Electronic Communications and Postal Services (“RATEL“), announced that a new virtual mobile network operator (“MVNO“), Globaltel, had been...
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The new Serbian Enforcement and Security Act becomes applicable on 1 July 2016. The changes are numerous. This is the first in a series of our Newsletters in which we...
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New withholding tax As of 1 March 2016, payments to non-resident legal entities for services provided or used in Serbia will be exposed to a new withholding tax, at the...
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New Labour Act of Republika Srpska (“Labour Act“) came into force on 20 January 2016. Fixed-term employment Fixed-term employment regime is liberalised to an extent. So far, fixed-term employment period...
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