The European Commission (“Commission“) adopted the revised Market Definition Notice for competition cases (“revised Notice“). The revised Notice supersedes the 1997 Commission Notice on the definition of the relevant market for the purposes of Community competition law (“1997 Notice“), the longest-lasting soft law instrument of EU law which ultimately had to succumb to new market […]
In a recent decision, the Administrative Court in Belgrade refuted the position of the Serbian electronic media regulator (REM) that the purported lack of a majority of votes entitled the regulator to discontinue the proceedings against a television broadcaster. On 10 May 2021, REM discontinued the proceedings against Happy TV, initiated two months earlier by […]
The 2024 update of our contribution to the Serbia chapter of Legal 500’s Comparative Guide on Employee Incentives is out.
We are happy to announce our 2024 promotions: Dragoljub Sretenović, partner in our Banking and Finance practice, joins the ranks of BDK senior partners. Dragoljub counts 12 years in BDK Advokati and equally long experience in #banking and finance. Bisera Andrijašević steps up from the position of counsel to the position of partner. Bisera has […]
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 National Assembly has passed the Electronic Money Act (“E-Money Act“) which will begin to apply in June 2024. We discuss in this newsletter the key […]
Minimum salary in 2024 As of 1 January 2024, statutory minimum net salary in Republika Srpska amounts to BAM 900.00 (approximately EUR 460.00), which is an approximately 28.5% increase from BAM 700.00 (approx. EUR 358.00). Paid maternity leave Paid maternity leave in Repulika Srpska lasts either 12 or 18 months (18 months for twins, thrid […]
Montenegro has a new Act on Prevention of Money-Laundering and Financing of Terrorism (“AML Act“). The new legislation came as a last-minute measure to exclude Montenegro from the MONEYVAL’s „grey list“. It also introduces certain changes that address new technologies and are relevant for the businesses. Extension of the AML Act to new types of […]
Izmjene Krivičnog zakonika Republike Srpske su bile predmet rasprave i prije stupanja na snagu. Mnoga pitanja su ostala bez odgovora. Jedna od dilema se odnosi na medijske radnike i na pitanje koja dokumente i podatke smiju da objave, imajući u vidu krivično djelo Neovlašteno objavljivanje i prikazivanje tuđeg spisa, portreta i snimka. Naša Nikolina Bajić […]
Global minimum tax rate regime The Member States of the EU have completed the transposition of the provisions of the Council Directive (EU) 2022/2523 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union (“Directive”) into their national laws and will apply them with respect to […]
