Achieved Success on Direct Marketing
FIC invested significant efforts in changing the Article 37 of the Proposal of the Consumer Protection Law to avoid the additional financial, technical and organizational burden for the economy and achieved this goal. The article in question concerns direct marketing and the so-called “Don’t Call” registry of consumers not willing to receive calls or messages…
Announcement: FIC Webinar on AML Rules
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Appeal for Certainty in Banking
On April 11, FIC sent letter to the Prime Minister and NBS Governor to call against retroactive implementation of the new rules in banking sector. The initiative was launched as a reaction to the current developments related to the loan processing fees and loans in Swiss francs (CHF) issued to individuals. Namely, the Government announced…
Clarification of the Law on Archives
FIC is actively working on clarifying the Law on Archival Material and Archival Activity that came into force on February 2. On January 28, after the FIC request, the Ministry clarified that the Law is applicable to all the legal entities in Serbia. On February 5, FIC provided to the Ministry members’ questions regarding the…
Concrete Steps on Bill of Exchange
On December 9, FIC, AmCham and Naled approached NBS and the Finance Ministry with the proposal for digitalization of Bill of Exchange. A meeting of the three associations with the NBS was held on December 15 and was dedicated to the planned changes in this respect. NBS said that the work is already ongoing on…
Constructive Discussion on Data Protection
FIC online conference on Data Protection Law was held on June 30 to discuss the issues after the two years of application of the Law. FIC representative Ivan Milosevic, Partner at Jankovic, Popovic & Mitic Law Office and author of the White Book text on the Personal Data Protection discussed with Assistant Secretary General in…
Elections and Reorganization of Committees
Hereby we announce the regular elections for FIC Committees and the implementation of the reorganization of Committees. Reorganization is aimed at increasing efficiency and will result in decrease of their number from 11 to 8. Having in mind the current situation with COVID-19 epidemic and preventive measures that can be taken, the elections will be…
FIC for Digitalization of Financial Services
On December 7, FIC launched a major initiative for digitalization of financial services in Serbia. A letter and a proposal of important regulatory changes in several areas were sent to the Prime Minister Ana Brnabic, Finance Minister Sinisa Mali and Governor of the National Bank of Serbia Jorgovanka Tabakovic. Document “Overview of regulatory measures to…
FIC Insight on e-Business Law
FIC members had the opportunity to learn novelties on e-Business Law and clarify misconceptions in practice at the online FIC Insight event on October 6. We are grateful to the Legal Committee President Igor Zivkovski and Telco and Digital Committee Representative Vladimir Boljanovic who invested their time and knowledge in FIC platform and provided this…