A long awaited regulation for the Montenegrin program of citizenship by investment is set to enter into force on 1 January 2019. The investment threshold for citizenship depends on the region of Montenegro in which the investment is made. It is set at EUR 450,000 for investments in the coastal area or in the capital […]
On 21 December 2018, VINCI reached financial close and took over the management of Belgrade Airport Nikola Tesla, marking an important milestone for the project finance market in Serbia. With more than EUR 400m of loan commitments, it is the country’s largest project financing to date. BDK Advokati acted as Serbian legal counsel to the […]
BDK Advokati in cooperation with AmCham Montenegro held on 18 December 2018 a seminar on the General Data Protection Regulation (GDPR) in Podgorica, for 70 participants from Montenegrin companies and law firms. Bogdan Ivanišević, head of BDK Advokati team specialized in data protection & privacy, summarized the key characteristics of GDPR and explained how the Regulation extends […]
Marko Popović, associate at BDK Advokati, spoke on 30 November at the Winter Vivaldi CFO & Legal Forum organized by Mokra Gora School of Management at Mećavnik, in western Serbia. The forum attracted more than 60 participants, mostly CEOs and CFOs of a host of Serbian companies and start-ups alongside software developers, lawyers, accountants, and […]
On 18 June 2019, the French data protection supervisory authority (CNIL) issued a decision on video surveillance at work. The Uniontrad Company case demonstrates that a law specifically regulating the processing of images is not an indispensable prerequisite for reaching a decision. Instead, CNIL relied on the general GDPR rules on proportionality, fair notices, and […]
European Data Protection Board (“EDPB”) published on 16 November 2018 the long-awaited Guidelines 3/2018 on the territorial scope of the General Data Protection Regulation (“GDPR”). As those with even a cursory interest in the matter knew, a company not established in the EU can still be within the reach of GDPR’s strict rules. But exactly […]
The International Comparative Legal Guide, a series of publications providing comparative legal information on a range of practice areas, added a Montenegrin chapter to its Gambling 2019 guides. The publication covers common issues in gambling regulations, including licencing requirements and restrictions, online operations requirements, enforcement and liability. The Montenegrin chapter to Gambling 2019 guide was […]
The International conference on mineral resources held in Belgrade welcomed experts from the government and the private sectors to discuss topics relevant for the mining industry. Janko Nikolić, senior associate at BDK Advokati, participated at the panel on project financing and legal framework in the mining business. Janko provided an overview of relevant legal norms […]
The data protection team of BDK Advokati held a seminar on the General Data Protection Regulation (GDPR) on 7 November 2018 for nearly 30 participants from companies seated in Banja Luka, Bosnia and Herzegovina. GDPR’s applicability extends to companies outside the EU, including those from Bosnia and Herzegovina, when such companies process personal data of […]
The latest amendments of the Planning and Construction Act,[1] effective as of 6 November 2018, introduce the requirement for all construction and designing companies (including solo entrepreneurships) to obtain licenses for various types of design/construction works until 6 November 2019. The licensing requirement that now applies across the board previously applied to the designing or […]
