Alternative Investment Funds: Navigating Legal Challenges for Seamless Incorporation
In recent years, the Republic of Serbia has adopted a set of laws on Alternative Investment Funds (“AIFs”) to harmonize its legal landscape with the European Union (“EU”) and attract more investors into the country, thus enabling an additional way of capital inflow into the country. The reason for AIFs surge in popularity can be […]
Stricter Procedures for Loans Between Natural Persons Introduced
Protection against financial crime and fraud is at the core of the legal framework regulating financial transactions. While legal entities are often the primary focus of these regulatory measures, natural persons also require attention in the context of informal financial transactions. Recent amendments to the Law on Public Notaries that came into force on 6 […]
Corporate Bonds – an Investment Opportunity Created by Naftna Industrija Srbije
Naftna Industrija Srbije (NIS), the largest oil and gas producer in Serbia, has launched a unique investment opportunity in the Serbian market. The company’s shareholders have decided to issue five-year corporate bonds valued at approximately EUR 50 million. This method of fundraising is not that often pursued by corporations in Serbia, making it particularly attractive to […]
EU’S New AML Measures
About a month ago, we have witnessed a formation of an Anti-Money Laundering Authority (AMLA), which will be seated in Frankfurt, Germany. The AMLA is expected to begin its operations mid-2025 and have over 400 staff members, with direct and indirect supervisory powers over obliged entities and the power to impose sanctions and appropriate measures/penalties, […]
Claims Secured by a Mortgage and the Statute of Limitations
In complex contractual relationships, there is sometimes doubt whether one or both of the parties will fulfill their contractual obligations, and this gives rise to the need for certain guarantees of the fulfillment of the obligation. One of the types of this guarantee is, among others, liens on real estate, i.e., mortgages. In this way, […]