As of 1 October 2026, the first annual deadlines will begin to fall due for the review of beneficial ownership information recorded in the Central Records of Beneficial Owners maintained by the Serbian Business Registers Agency (“SBRA”). Under the Law on the Central Records of Beneficial Owners, registered entities are required to review the accuracy […]

The new Law on Business Organisations of Montenegro (the “ZPD”) has brought about an important change concerning the point at which the appointment and removal of a director take legal effect. Unlike the previous law, which left room for interpretation as to when a director’s removal took effect, there was a longstanding practice of treating […]

In order to carry out the activity of wholesale supply of electricity in the Republic of Serbia, it is first necessary to fulfil a number of regulatory requirements, including obtaining a licence for wholesale electricity supply from the Energy Agency of the Republic of Serbia and the corresponding codes (REMIT code, EIC code), registration through […]

As of December 1, 2025, the National Bank of Serbia enabled the issuance and use of bills of exchange in electronic form through the commencement of operations of the Central Register of Electronic Bills of Exchange (CReM). This expanded the existing bill-of-exchange system with a new digital format, while the paper bill of exchange remains […]

If the liquidator fails to provide an individual notice to a known creditor in the manner prescribed by law, the known creditor will not be barred from exercising its right, even if it has not filed a claim within the deadline specified in the notice on the commencement of liquidation. The liquidation of a company […]

Recognition and enforcement of foreign arbitral awards has long been one of the central areas of international commercial arbitration. However, while the regime governing the recognition of final arbitral awards is clearly regulated through international instruments and national legislation, the status of decisions on interim measures remains the subject of theoretical debate and inconsistent practice. […]