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  • Article

    Government Support For Issuance Of Corporate Bonds - Updated

    20 May 2020 (Update) – On 15 May 2020, the National Bank of Serbia ("NBS") adopted the Decision on the Conditions and Manner of Implementing Operations on the Open Market ("Decision").
    SerbiaCoronavirus (COVID-19)
    Kinstellar
    Kinstellar
  • Article

    Ministry Of Finance Adopts VAT Rulebook

    On 14 April 2021 the Official gazette of the Republic of Serbia No.37 published that the Ministry of Finance of Serbia adopted a Rulebook on the Value Added Tax.
    SerbiaTax
    Eurofast
    Eurofast
  • Article

    Forex Trading In Serbia: A Brief Legislative Overview

    Forex trading in the Republic of Serbia is regulated by the Law on Capital Markets, the Law on Foreign Exchange Transactions and the Decision on Trading with Financial Derivatives.
    SerbiaFinance and Banking
    Eurofast
    Eurofast
  • Article

    New Financial Institutions Regulator In Serbia

    Serbia's National Bank (Amendment) Act (Official Gazette of the Republic of Serbia, no. 76/12) established the Financial Institutions Supervisory Authority.
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Enforcement And Collaterals Act (Official Gazette of the Republic of Serbia, no. 31/2011)

    The Enforcement and Collaterals Act ("Enforcement Act") was adopted on 17 May 2011, and shall be applicable as of 17 September 2011, save for the provisions relating to the private enforcers which shall become applicable as of 17 May 2012.
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Serbia Gets A Grip On Non Performing Loans

    The latest amendments to the above outlined by-laws represent a signal that the market of non-performing loans may be developing, although the results still remain to be seen and tested in practice.
    SerbiaFinance and Banking
    Karanovic Nikolic
    Karanovic Nikolic
  • Article

    Second Package Of COVID 19 Related State Aid Measures Adopted By The Serbian Government

    On its session held on 30 July 2020, the Serbian Government adopted the Conclusion no. 05 401-6052 / 2020 (the ''Conclusion'' or ''Second Package")...
    SerbiaCoronavirus (COVID-19)
    Kinstellar
    Kinstellar
  • Article

    M&A Going Forward: Speed Is The New Currency

    The global pandemic has left local economies shaken.
    SerbiaCorporate/Commercial Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Non-Bank Lending In Serbia

    According to Article 5 of the Serbian Banking Act (Zakon o bankama), no person other than a bank licensed in Serbia may engage in the granting of loans unless...
    SerbiaCorporate/Commercial Law
    Kinstellar
    Kinstellar
  • Article

    Additional Mandatory Moratorium On Repayment Obligations To Banks And Lessors

    29 July 2020 - In response to the COVID-19 pandemic, the National Bank of Serbia ("NBS") adopted on 27 July 2020 two decisions aimed at protecting Serbia's financial system...
    SerbiaFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Dispute Resolution Clauses In Project Finance Transactions In The Western Balkans

    Dispute resolution is a critical yet often overlooked aspect of international project finance.
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Mortgage Act Amendments Adopted

    The long-anticipated amendments to the Serbian Mortgage Act, published in the Official Gazette of RS no. 60/2015, entered into force on 16 July 2015.
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Opening A Bank Account In Serbia

    Serbia boasts an excellent strategic location, solid infrastructure and highly knowledgeable human resource potential. Being at a unique position in the European market, Serbia offers diverse
    SerbiaFinance and Banking
    Eurofast
    Eurofast
  • Article

    16 Years In The Making: Montenegro Unveils Direct Payment System With Serbia And Bosnia

    In a groundbreaking move, Montenegro is set to establish a direct bank payment system with Serbia and Bosnia and Herzegovina after a long-awaited 16-year period.
    WorldwideFinance and Banking
    Eurofast
    Eurofast
  • Article

    Proposed Amendments To Serbia’s Law On Interchange Fees And Special Operating Rules For Card-based Payment Transactions

    Serbia's National Bank has proposed amendments to the Law on Interchange Fees and Special Operating Rules for Card-based Payment Transactions, introducing caps on interchange fees for both domestic and international card transactions. The draft legislation distinguishes between card-present and card-not-present transactions, with fees ranging from 2% to 15% depending on transaction type, marking a significant shift in the country's financial regulatory framework as part of its EU accession process.
    SerbiaFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    Legality Of Banking Fees In Serbia: The Tipping Point

    What started as a typical consumer protection claim, designed to create a fairer, more transparent banking market, ended up in mass claims fundamentally challenging the right of banks to charge...
    SerbiaConsumer Protection
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Capital Markets: New Bylaws

    On 7 May 2012 new Belgrade Stock Exchange bylaws came into force.
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    Major Amendments To Anti-Trust And Merger Control Rules

    The Serbian Government adopted several bylaws in July 2010 which further modernize the Serbian competition law regime.
    SerbiaAntitrust/Competition Law
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)
  • Article

    The Serbian Financial Collateral Act: Love At Second Sight?

    The adoption of the Financial Collateral Act (FCA) in 2018 was widely regarded as a great addition to Serbia's financial law infrastructure.
    SerbiaFinance and Banking
    Kinstellar
    Kinstellar
  • Article

    What The Financial Collateral Act In Serbia Brings To The Table

    The Serbian Parliament adopted the Financial Collateral Act ("FCA") on 8 June 2018 (published in the Official Gazette of the Republic of Serbia, no. 44/2018).
    SerbiaFinance and Banking
    Schoenherr (Schönherr Rechtsanwälte)
    Schoenherr (Schönherr Rechtsanwälte)

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