NEW LEGAL SOLUTIONS IN THE FIELD OF FINANCIAL TRANSACTIONS

The Law on Financial Collaterals (hereinafter: the Law) that was adopted in an urgent procedure before the National Assembly of the Republic of Serbia on June 8th 2018 and is applicable from January 1st 2019, introduces completely new institutes, with the aim to establish clear rules for contraction, record and enforcement of collaterals in financial transactions.

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THE LAW ON LOBBYNG AS THE PART OF THE NATIONAL STRATEGY FOR THE FIGHT AGAINST CORRUPTION

The influence of the private sector on lawmaking and decision making process of the public sector in Serbia has been legally recognized and regulated. Namely, as a part of the Action Plan for Implementation of the National Strategy for the Fight against Corruption in the Republic of Serbia for the period 2013-2018, among other things, it is envisaged adoption of the law that regulates lobbying.

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AMENDMENTS TO THE CIVIL PROCEDURE LAW

On November, 9, 2018, the National Assembly of the Republic of Serbia passed the Law on Amendments to the Civil Procedure Law (“Official Gazette of the Republic of Serbia” No. 72/11, 49/13 – US, 74/13 – US and 55/14) – “hereinafter – the Law”.

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AMENDMENTS ON LAW ON PLANNING AND CONSTRUCTION

The National Assembly of the Republic of Serbia has recently adopted amendments to the Law on Planning and Construction and the Building Legalization Law and has rendered the new Law on Construction Products, which set of regulations should lead to more efficient functioning of the construction sector. It is considered that changes to the Law on Planning and Construction will stimulate the emergence of new business entities on the market and market competition and that a large number of new domestic and foreign economic entities will be formed in order to undertake realization of new construction and other projects.

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OBLIGATIONS OF THE EMPLOYER IN SAFETY AT WORK

The safe working environment is imperative nowdays when accidents and failures are more frequent. The Law on Safety and Health at Work (“Official Gazette of RS”, No. 101/2005, 91/2015 and 113/2017) foresee as one of the measures for ensuring a safe working environment, the obligation of an employer to train employees on providing a first aid.

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AMENDMENTS TO THE LAW ON COMPANIES

On June 8, 2018,the National Assembly of the Republic of Serbia passed the Law on Amendments and Supplements to the Law on Companies (Official Gazette of RS, No. 36/2011, 99/2011, 83/2014 – state law, 5/2015 and 44/2018 (Law)). Amendments envisaged under this Law are numerous and can be divided into three groups.

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