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30. January 2017.
FIC in the WG on Investment Funds
FIC will take part in the Government WG for the amendments of the Law on Investment Funds and the Draft Law on the Alternative Investment Funds.
The WG was created on January 30 with the aim to find most adequate solution for resolving issues in practice and the expected harmonization with the EU by end-2018. FIC will be represented by the Legal Committee President Mihajlo Zivkovic, and the Committee Vice President Igor Zivkovski will act as his substitute. The main task of the WG will be to review the practice, regulatory aspects as well as the solutions in the EU, with the aim to overcome problems in practice and find the most adequate solution for harmonization with the EU. Serbia has the obligation of harmonization with the EU rules as part of the EU accession negotiations in the Chapter 9 – Financial Services. Other participants include representatives of the Finance Ministry, Serbian Chamber of Commerce, Security Commission of Serbia, Belgrade Stock Exchange, National Bank of Serbia, Association of Serbian Banks and USAID.