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The insurance sector in South Eastern Europe has undergone considerable change in recent years.
In Macedonia, the Law on Personal Data Protection governs personal data protection issues. The amended version came into force as of 11 March 2014.
The Serbian law governing data protection issues is the Law on Protection of Personal Data.
The Law on Protection of Personal Data is the governing law regulating data protection issues in Bosnia and Herzegovina.
In Macedonia, the Law on Personal Data Protection governs personal data protection issues.
In Montenegro there is no specific regulation governing online privacy (including cookies). Accordingly, the general data protection rules are relevant to online privacy too.
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.
In the ever-developing world of IP, new and exciting projects are never in short supply. This overview covers some of the burning topics in south-east Europe.
Employment newsletter: March 2014 — new general collective bargaining agreement signed in Montenegro
A new Collective Bargaining Agreement (GCBA) has been signed in Montenegro. The GCBA introduces a broader scope of existing labour rights.
A new Consumer Protection Act is currently in the process of being adopted in Croatia.
As of February 2014, amendments to the Gas Market Act have become applicable in Croatia. The act defines the new role of a wholesale supplier of natural gas.
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.
Industrial production processes have a dominant share in the creation of pollution in Europe. Over the past several years, Serbia has adopted a set of regulations for integrated pollution prevention and to control installations that have a high pollution potential.
For the first time, the Montenegrin competition authority has regulated fees for its activities and services.
On 8 October 2012, Montenegro adopted a new competition law. Karanovic & Nikolic has interviewed the director of the Competition Agency, Miodrag Vujovic, about the law.
This briefing from Karanovic & Nikolic provides an overview of the latest legislative news and upcoming and ongoing projects in Macedonia.
Karanovic & Nikolic presents a brief overview of IP news for the region of south-east Europe.
The general rule of the newly adopted Law on the Terms for the Settlement of Monetary Obligations in Commercial Transactions is that all payments between business entities have to be settled within 60 days.
New amendments to the Regulation on Health Conformity of Dietetic Products have entered into force on 28 May 2012.