Market Conduct Regulation in Serbian Insurance Sector

What is market conduct regulation? Market conduct is second pillar of ongoing regulatory reform in the EU insurance law. While the “macro-economic” quantitative and qualitative prudential requirements are addressed through the rules established by the Solvency II directive, the “micro-economic” conduct risks are addressed through rules established by the Insurance Distribution Directive. Market conduct regulation

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Between the waves

An overview of the real estate sector in Serbia As the summer period of 2020 quickly draws to a close, the uncertainty of autumn and the prospect of a second wave of COVID-19 outbreak gives rise to the necessity of ascertaining the current situation of the real estate sector and the projections for its possible

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The Decree on replacement travels – protection for passengers or travel agencies

On April 30th, the Ministry of Trade, Tourism and Telecommunications announced on its website that on that day’s session the Government of the Republic of Serbia adopted the Decree on the offer of a replacement travel for tourist travel which was canceled or not realized due to the COVID-19 virus. As stated on the website

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Živković Samardžić contribued to the MSIs Doing business in Serbia

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Astroturfing Serbian way, just when we thought we’d seen it all …

Astroturfing – the deceptive practice of presenting an orchestrated public relations campaign in the guise of unsolicited comments from members of the public, has reached its new height in the letters to the editor section of “Politika”, Serbia’s newspaper of record.  

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Shift in case-law related to appropriation of encumbered real property

[vc_row][vc_column width=”1/2″][vc_column_text]The 2005 Serbian Law on Hypothec (Official Gazette of the Republic of Serbia, No. 60/2005), introduced the possibility of out-of-court collection and in particular the so-called ‘subsequent agreements’, allowing appropriation of encumbered real property instead of satisfaction of secured claim (Article 27 of the Law on Hypothec), but had its flaws that were severely

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The Supreme Court of Cassation sets an arena for the confrontation between the lawyers and the notaries

[vc_row][vc_column width=”1/2″][vc_column_text]An issue of whether a real estate purchase agreement assembled by the notary as an authentic instrument (notarial act) is a form valid for the inscription of ownership into the real estate cadastre in Serbia, became the matter of dissagreement among the legal professionals after the recent rulling of the Supreme Court of Cassation.

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Different Courts, Different Viewpoints: Article 26 of the Law on Enforcement and Security

[vc_row][vc_column][vc_single_image image=”5466″ img_size=”535×356″ alignment=”center”][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text] The improvement of efficiency and speeding up of enforcement proceedings were among the top priorities emphasized as justification for the enactment of the new Law on Enforcement and Security (Official Gazette of the Republic of Serbia, No. 106/2015 and 106/2016, hereinafter referred to as: “the Law”). Among the provisions intended

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Waste-to-energy legal regime in Serbia

[vc_row][vc_column width=”1/2″][vc_column_text]Serbia was granted EU candidate status in March 2012 and its environmental policies and legal framework are strongly influenced by the EU accession negotiations. EU acquis screening of the Chapter 27 – Environment has been completed on 21 November 2014. While the European Commission has noted, in its 2015 assessment report, that Serbia is

Serbia’s new Advertising Law effective as of May 6, 2016

[vc_row][vc_column width=”1/2″][vc_column_text]On January 26, 2016, Serbian Parliament adopted the new Advertising Law („Official Gazette of RS“, No. 6/2016) superseding the one that was in force since 2005 („Official Gazette of RS“, No. 79/2005). According to the statements made by the representatives of the Serbian Ministry of Trade, Tourism and Telecommunications, the new Law aims to