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By the end of March banks are required to comply their general terms of business and individual agreements with customers with the amendments of the Financial Services Consumer Protection Act, as well as to begin implementing the new Law on Payment Services.
M&A and banking and finance lawyer Marko Ketler has been appointed to head Karanovic & Nikolic’s Slovenian office. He joins from from ODI in Ljubljana.
The procedure for annual financial reporting in Serbia has been modernised.
The first-ever direct agreement has been adopted by the government of Montenegro. The agreement came as a result of an almost one-year-long negotiation.
The TMA — of which Dejan Nikolic of Karanovic & Nikolic is a member of the managing board — has launched its Serbia chapter with a members’ meeting at the Crown Plaza Hotel.
This briefing deals with a repeal of the provisions of the Income Tax Law regarding the retroactive taxation of receipt from dividends and profit sharing.
Karanovic & Nikolic recently created a platform that brought together industry players to discuss financing and the bankability of energy projects in the western Balkans.
Regulatory Update — Serbia: the key risks and mitigating measures in the banking sector, the Vienna Initiative and more
There are 30 banks in Serbia, of which six are state owned (wholly or partially) and 21 are foreign owned.
Tax Newsletter — Serbia: rulebooks on tax balance and tax returns for corporate taxpayers and entrepreneurs
Karanovic & Nikolic has published the March 2014 edition of its Tax Newsletter.
Karanovic & Nikolic has been named ‘Law Firm of the Year’ for Eastern Europe and the Balkans at The Lawyer’s recent annual European Awards ceremony.
Croatia: recent news highlights — Strategic Investment Act and proposed new act on maritime goods and sea harbours
The new act on strategic investment in Croatia has achieved its goal of reducing administrative procedures and ensuring the speedy realisation of strategic projects in Croatia.
Miloš Vuckovic, senior partner at Karanovic & Nikolic, has participated in the Third International Conference on Mineral Resources in the Republic of Serbia.
Josip Marohnic, an attorney at law in co-operation with Karanovic & Nikolic, spoke at the sixth annual Balkan Energy Finance Forum in Zagreb on 16–17 October 2013.
Stevan Dimitrijevic and Petar Mitrovic from Karanovic & Nikolic presented on energy financing at the European Bank for Reconstruction and Development.
The recently adopted Montenegrin Law on Prevention of Illegal Business introduces a number of new concepts in the process of fiscal consolidation and combating grey market.
Karanovic & Nikolic’s Patricia Gannon speaks at USAID Regional Access to Finance event in Podgorica.
This briefing from Karanovic & Nikolic summarises the most important provisions of Serbia’s Law on Amendments to the Foreign Exchange Law.
The National Bank of Serbia has amended the Decision on Risk Management to tackle the issue of rising non-performing loans.
While 2012 was marked by parliamentary elections and the formation of the new government in July, the financial markets in Serbia seem likely to offer investors some very interesting opportunities in 2013.