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…
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 Legal Committee President at FIC Guide 2020/21
Igor Živkovski, President of the FIC Legal Committee (Živković Samardžić a.o.d.) Ready For Changes During the unpredictable circumstances that have been caused by the Coronavirus pandemic, the FIC Legal Committee will keep a close eye on the economy as a whole and provide proposals on ways to improve and advance the legal framework of the…
FIC Participation at CEVES Roundtable on State Aid
On April 17, FIC Legal Committee member Anja Tasic and Attorney-at-Law at Petrikić & Partneri in cooperation with CMS Reich-Rohrwig Hainz presented FIC views in an expert discussion on the state aid organized by CEVES. This roundtable was organized around preliminary findings of the project “Harmonization with the competition policy of EU” (Project) run by…
Fruitful Meeting with the Competition Protection Commission
On February 6, FIC held a fruitful meeting with representatives od the Competition Protection Commission. FIC welcomed readiness of the Commission to meet and expressed willingness to continue long-term cooperation. It was conveyed that cooperation within the Working Group on Law amendments has been very fruitful, open and constructive, as the WG has been open…
Further Activities on Cadaster
In February, FIC continued intense engagement related to the digitalization of Cadaster, with additional letter to the Geodetic Authority and a meeting with the Director of the Authority Borko Draskovic on February 17 with additional meeting with Ministry of Construction and PM Delivery Unit on February 18. After the exchange between FIC and the Geodetic…