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Newsletter

Montenegro: New Act on Spatial Development and Construction adopted

October, 2017,
The Montenegrin Parliament adopted the new Act on Spatial Development and Construction on 30 September 2017. The new legislation introduces radical changes in the areas of spatial planning and construction....
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Zero rating vs net neutrality – a (still) uncertain future in the EU and Serbia

June, 2017,
Tariffs offered by mobile companies usually contain a maximum volume of monthly data (megabytes) to which the client is entitled. Consumption of this data takes place every time the customer...
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Serbia: Termination due to actions constituting criminal offence declared unconstitutional

March, 2017,
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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Bulgaria – Serbia gas interconnector – the latest development

February, 2017,
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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Serbia: Further steps in harmonization of Capital Markets Act with the Market Abuse Regulation plus some unwarranted confusion regarding certain definitions

January, 2017,
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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Serbia: Amendments to the Takeover Act

January, 2017,
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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Serbia: Draft Financial Collateral Act – A Welcome Initiative

November, 2016,
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 Serbian NPL market feels the heat as investors pay increased attention to the region

October, 2016,
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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Serbia: Announcements of first MVNOs in Serbia

July, 2016,
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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Serbia: New Enforcement and Security Act – Novelties on Provisional Measures

April, 2016,
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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