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Browse through a selection of articles from our legal experts on topics of interest to investors and businesses in our region.

Serbia: New draft RES law – Contours of the new support scheme for renewable energy sources

January 2021 –  The Ministry of Mining and Energy (“Ministry”) has published the Draft Law on Renewable Energy Sources (“Draft RES Law”) following its recent adoption of guidelines relating to the Draft RES Law (“Guidelines”). The Draft...

Serbia: New Draft Energy Law – Shortcut to Investment and Innovation

January 2021 – On 20 January 2021, the Serbian Ministry of Mining and Energy published a long-awaited draft of the Law on Amendments to the Energy Law (“Draft Energy Law”), together with the call for public consultation, which runs from 21 January...

2021 – The start of a “game change” in Serbia’s renewable energy sector

January 2021 – Following the expiration in Serbia on 31 December 2019 of the “Regulation on Incentive Measures for the Production of Electricity from Renewable Sources and from High-Efficiency Electricity and Thermal Energy Cogeneration”[1], the...

Updated Overview of the 5G Auctions in Central and Eastern Europe

December 2020 – The introduction of 5G networks will bring significant changes to the telecommunications market. Not only will the technology open up a wide range of new possibilities in a variety of sectors (including manufacturing, health, energy...

The aftermath of Schrems II: Increased need for adequacy assessments of the legal systems of non-EU countries to ensure data transfer compliance with the GDPR

November 2020 – On 16 July 2020, the Court of Justice of the EU (“CJEU”) issued a landmark judgment in the case of Data Protection Commissioner v Facebook Ireland Limited and Maximillian Schrems (“Schrems II Decision”).

Draft Serbian Law on Digital Assets published for public consultations

October 2020 – On 13 October 2020, a draft Law on Digital Assets (the “Draft”) was published in Serbia for public consultations, which will be open until 28 October 2020. Below is a preliminary overview of the main provisions of the Draft. A more...

Second package of COVID 19 related state aid measures adopted by the Serbian Government

3 August 2020 – On its session held on 30 July 2020, the Serbian Government adopted the Conclusion no. 05 401-6052 / 2020 (the ''Conclusion'' or ''Second Package”), which extends the application of the first package of direct and fiscal benefits to...

Serbia: Additional mandatory moratorium on repayment obligations to banks and lessors

29 July 2020 - In response to the COVID-19 pandemic, the National Bank of Serbia (“NBS”) adopted on 27 July 2020 two decisions aimed at protecting Serbia's financial system: the Decision on Temporary Measures for Banks for the Mitigation of Effects...

Serbia: Government support for issuance of corporate bonds - Updated

20 May 2020 (Update) – On 15 May 2020, the National Bank of Serbia (“NBS”) adopted the Decision on the Conditions and Manner of Implementing Operations on the Open Market (“Decision”). Pursuant to this Decision, the NBS may buy and sell RSD-denominated...

Regional: Updated information about certain measures taken by governments in the Kinstellar jurisdictions in relation to the COVID-19 situation

15 May 2020 – Kinstellar has established a firm-wide COVID-19 Legal Task Force with dedicated legal experts from across our relevant sector focus teams and practice groups. Our Task Force will keep you up to date regarding the legal issues, including...