Serbia > Legal Developments > Finance
Search News and Articles
Poland: How Lenient should a Leniency Programme be? A Second Chance for Recidivists
Although the Office for Competition and Consumer Protection (OCCP) states that there shall be no mercy for competition law offenders, recidivists will be granted
Corporate Finance – Need for Modernised Bondholder Laws?
The proposed future banking regulatory liquidity framework is widely regarded as favouring corporate bond issues as compared to corporate lending. The reasons for this are explained by Walter Gapp in his article in this roadmap.
The new Insolvency Law - a step toward better efficiency?
After a few months of public debate, the new Insolvency Law1 has finally seen daylight in Serbis. The law was adopted in December 2009, and is effective since the end of January 2010. This has been such a major leap forward in protecting creditors and "cleaning" the business space in Serbia from heavily indebted companies. The law is generally based on the UNITRAL rules pertaining to insolvency, which have also been introduced by many countries in the region.