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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.
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.
The tax authorities in the region have been intensely active towards the end of 2013 and the beginning of 2014 and have implemented several legislative changes.
The Serbian government has taken the first steps of implementing a new court system with the passing of a new law on seats, jurisdictions of courts and public prosecution offices.
Several legal novelties have come into force in Croatia. The most important is the new law on oil and the oil derivatives market.
A new Criminal Procedure Code was enacted in Serbia in October 2013. The code has introduced the new concept of investigative proceedings into the process.
Personal data processing — are the operators of public communication networks in compliance with the law?
A procedure of supervision of operators of public communication networks and services has been initiated.
Today, amendments to the Serbian Competition Law entered into force. The key changes are related to the proceedings and statute of limitations provisions.
Karanovic & Nikolic has released the September 2013 issue of its Regional Energy News publication.
Karanovic and Nikolic has released an overview of intellectual property highlights in Serbia, Slovenia and Kosovo during September.
Processing personal data on the basis of an employee’s ‘consent’ may not be considered a valid legal basis due to the unequal relations between an employer and an employee.
Amendments to the Croatian Act on Financial Operations and Pre-bankruptcy Settlement Proceedings became applicable on 7 September 2013.
The Parliament of the Federation of Bosnia and Herzegovina has recently adopted the Law on Property Rights.
Karanovic & Nikolic presents a brief overview of some of the burning topics from this exciting and innovative field of intellectual property for the region of South East Europe.
The main piece of legislation concerning antitrust matters in Serbia is the Competition Law (2009). The law is modelled after EU competition law and practice.
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.
Following the last amendments to the tax laws, the Ministry of Finance has prepared several rulebooks to help implement the amended legal provisions.
The Serbian Ministry of Energy has finally adopted the official model PPA and preliminary PPA.