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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by BDK Advokati/Attorneys at Law

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Amendments to Transfer Pricing Rulebook

February 2014 - Tax & Private Client. Legal Developments by BDK Advokati/Attorneys at Law.

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In our Newsletter 17/2013, we presented novelties introduced into Serbian transfer pricing regulations by the new Rulebook on Transfer Pricing and Arm's Length Methods Applicable to Determination of Prices in Transactions Between Related Entities ("Rulebook"), which elaborates on the statutory requirement for mandatory transfer pricing documentation for FY 2013 and onwards.

On 29 January 2014, the Ministry of Finance adopted amendments to the Rulebook aimed at easing certain transfer pricing requirements and rectifying certain ambiguities and technical errors.

Serbian brewery fined in Bosnia for abuse of dominance

January 2014 - EU & Competition. Legal Developments by BDK Advokati/Attorneys at Law.

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On 20 November 2013, the Bosnian Competition Council issued a decision establishing that the Serbian brewery "Apatinska" abused its dominant position on the relevant market of beer distribution in Bosnia and Herzegovina. The Council imposed a fine on the brewery in the amount of BAM 430,000 (EUR 215,000).

This is the second time in a little over a year that the Bosnian competition authority has handed Apatinska a fine for infringement of competition rules. On 4 September 2012, the Council rendered a decision fining the brewery with BAM 265,000 (EUR 135,000).

Photographs and the current events exception in Serbian copyright law

November 2013 - Intellectual Property. Legal Developments by BDK Advokati/Attorneys at Law.

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The High Court in Belgrade and the Appellate Court in the same city have issued a few decisions in 2013 rejecting arguments by the defendants that their use of photographs, without the authorization of the copyright owners, was lawful because the photos were used within the context of reporting about current events. While the outcome in each case was identical, the judgments differ in the interpretation of the law. A reader is left unsure as to what the Serbian copyright law actually says about the current events exception to copyright infringement.

Serbian parliament adopts amendments to Competition Act

November 2013 - EU & Competition. Legal Developments by BDK Advokati/Attorneys at Law.

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Amendments to the Serbian Law on Protection of Competition were published in the Official Gazette on 31 October 2013 and will come into force on 8 November 2013. The adopted amendments to a large extent follow solutions from the draft which the Government submitted to the Parliament back in July this year. We devoted two earlier blog posts to various drafts of the amendments (apart from the Government's July draft, we also analyzed the initial draft published in April). Now that the amendments have ripened into law, it is worth providing an overview of the most important changes to the competition legislation.

Law on Prevention of Illegal Business - Montenegro fights gray economy

July 2013 - Corporate & Commercial . Legal Developments by BDK Advokati/Attorneys at Law.

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The Law on the Prevention of Illegal Business (Zakon o spreÄŤavanju nelegalnog poslovanja, „Official Gazette of tthe Republic of Montenegro" no.29/13) came into force on 23 June 2013. Its nature is largely declaratory, aimed at showing the declared intent of the state to fight corruption and black market. 

Serbian competition authority publishes its annual report for 2012

June 2013 - EU & Competition. Legal Developments by BDK Advokati/Attorneys at Law.

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The Serbian Commission for Protection of Competition has published its Annual Report for 2012. Because the Commission publishes its decisions and opinions randomly, the report offers an informative scan of the authority’s activities in the course of the previous year.