Compliance – Guardian of business reputation and integrity
The Role of Compliance Function in Business The term Compliance includes not only adhering to laws and by-laws but also appropriate ethical principles and good market practice in the specific business domain. The role of Compliance in companies is reflected, among other things, in monitoring changes to the regulatory framework, counseling, risk assessment, control, employee […]
Most important novelties brought to the industry by the Law on Electronic Media
In anticipation of the public debate on the Draft Law on Electronic Media we would like to single out some of the most important changes brough by the Draft, which primarily refer to media service providers. Providing media services via the internet will no longer be possible without acquiring permits, i.e., licenses; In line with […]
REMARKS ON THE DRAFT LAW ON COPYRIGHT AND RELATED RIGHTS
The public hearing on the Draft law on copyright and related rights ended on February 19, 2023. Awaiting the final wording of the Draft law, we would like to take this opportunity to draw attention to the oversights regarding the definition of the term broadcast (Article 19) and rebroadcast (Article 31), i.e., we deem it […]
Unconstitutionality of the prescription of penal liability for radio frequency usage fee non-payment
The Law on Fees for Usage of Public Goods (“Official Gazette of RS”, no. 95/2018, 49/2019, 86/2019 – adjusted Dinar amounts, 156/2020 – adjusted Dinar amounts and 15/2021 – amended adjusted Dinar amounts) regulates the question of all fees for the usage of public goods (natural resources, goods of general interest and goods in general […]
Enforcement third party complaint– immovable property foreclosure
Public enforcement officers customarily conduct enforcement through the transfer of monetary assets from accounts that are the property of the enforcement debtor, kept in commercial banks, then through the attachment of earnings, sale of financial instruments of the debtor, transfer of monetary claims and company shares. However, enforcement is also possible against immovable property in […]
The right of same-sex partners to compensation of immaterial damage in case of the death of a family member
International human rights conventions, which the Republic of Serbia is party to, practice the protection of all persons on the essential level, while the governance of legal relationships is left to the states. Consequently, we can find varying solutions in national legislations. Numerous requests from citizens around Europe encountered the clear stance of the European […]
Change in share capital LLC
In accordance with the Companies Law, the minimum capital share of a limited liability company equals to 100 Dinars. A special law can provide that the minimum amount of capital share be greater than 100 Dinars for companies practicing certain activities. However, over their period of business operation, companies face numerous challenges which may […]
Ana Matijašević
On the 24th of January, 2020, the National Assembly of the Republic of Serbia adopted the Law on Archival Material and Archival Activities (“Official Gazette of RS”, no. 6/2020), whose official implementation started in February 2021. This law prescribes the obligations of all creators and holders of archival material and documentary material. A creator of […]
Enforcement against immovable property for the collection of monetary claims
The Law on Enforcement and Security (“Official Gazette of RS”, no. 106/2015, 106/2016 – authentic interpretation, 113/2017 – authentic interpretation and 54/2019), as one of the instruments of enforcement for the collection of claims prescribes the sale of enforcement debtor’s immovable property. The enforcement of monetary claims against immovable property is executed with the registration […]
Termination of a loan agreement due to changed circumstances – an adequate solution or a misconception?
There are numerous types of financial intervention in modern economy, with the Republic of Serbia being dominated by banking sector loans as main instruments in such intervention. This is hardly surprising considering the low developmental level of different financial institutions and a low personal savings rate. Loan agreements are of particular significance for the functioning […]
