On 23 March 2023, the Serbian government adopted Ethics Guidelines for the Development, Implementation and Use of Reliable and Responsible AI ("Guidelines"), which may be seen as yet another step in the process of harmonising Serbia's legislative framework with the European Union, following the Proposal for an AI Regulation announced by the EU Commission two years ago.
EU Parliament Adopts Key Fit for 55 Laws Including CBAM
On Tuesday, the EU Parliament unleashed a legislative game-changer in the global climate battle, adopting the world’s first carbon border tax (CBAM). The MEPs also formally adopted the deals reached with the Council in December 2022 on several other critical pieces of legislation, including the closely-related revised EU’s Emissions Trading System (“EU ETS“) and a new Social Climate Fund (“SCF“), all a vital part of the EU’s Fit for 55 package, designed to help the bloc cut greenhouse-gas emissions by 55 percent by 2030 against a 1990 baseline.
Andrejic & Partners Advises Villa & Spa Stevic on EU Cultural Heritage and Tourism Project Application
Andrejic & Partners has advised Villa & Spa Stevic on submitting its successful application to the EU for Cultural Heritage and Tourism project.
BDK Advokati and Karanovic & Partners Advise on Abu Dhabi Capital's Sale of Capital Plaza to BIG
BDK Advokati has advised the Abu Dhabi Capital Group on its sale of The Capital Plaza in Podgorica to BIG Shopping Centers. Karanovic & Partners advised the buyer.
Hard Work for Labor Lawyers in Serbia: A Buzz Interview with Danica Milic of NKO Partners
Remote work has become widespread in Serbia – and dominant in industries like IT – while the country is facing both layoffs and a shortage of workers, depending on the sector, according to NKO Partners Partner Danica Milic.
NKO Advises CTP on Acquisition of Industrial Development Land in Jagodina
NKO Partners has advised CTP on the acquisition of Jagodina land intended for industrial development from the City of Jagodina, acting through its local government representatives.
Schoenherr and BDK Advokati Advise on Adriatic Bank's Acquisition of Expobank
Moravcevic, Vojnovic, and Partners in cooperation with Schoenherr has advised the owner of the Adriatic Bank Podgorica on the acquisition of Expobank Belgrade. BDK Advokati advised the shareholders of Expobank Belgrade.
CMS Appoints Five New Partners Across CEE
A new promotion round saw 62 lawyers become Partners at CMS – spanning 25 cities across the UK, Europe, the Middle East, Africa, and Latin America – including Arno Zimmermann, Hans Lederer, and Klaus Pateter in Vienna, Alicja Zalewska-Orabona in Warsaw, and Mihai Jiganie-Serban in Bucharest.
Serbia: Chapter 23 - What Does It Take to Stay on the Train and Reach EU?
The answer is simple: to make EU membership top priority, to form the team with the capacity to drive and stay on the train until the final destination. But it is not only important for the team to have only the Loco pilot only to drive the train, the team must have other members with the understanding who is in the train, the train route both in Serbia and EU and who share strong belief that the final destination will bring the benefits not only to the country of the departure (passengers) but also to the countries and citizens of the destination. If something is missing in that chain, it may happen that the Loco pilot may drive the train via Antarctica to EU with the possibility that the train may get stuck somewhere on the route and may never reach its final destination.
CMS Advises Hansgrohe on Development of New Factory in Serbia
CMS has advised Hansgrohe on its EUR 85 million investment in the development of a production facility in Valjevo, Serbia.
JPM Advises Smartsy on Financial Instrument Issuance
JPM Jankovic Popovic Mitic has advised Smartsy on its issuance of a financial instrument conveying the right to acquire shares in the company.
Legal Innovation in Continental Europe: A Sneak Peek into Lexpo 2023 with Andrea Miskolczi
As Lexpo – The Legal Innovation Event returns in 2023 after a three-year hiatus, showcasing the latest trends in legal innovation in Continental Europe, CEELM spoke with Dentons Europe Director of Innovation and Member of Lexpo's Advisory Board Andrea Miskolczi to gain an insight into the current state of technology and innovation in CEE, and what the event's attendees have to look forward to.
Work Ability Assessment – Competence and Procedure
According to the Labour Law (Off. Gazette of the RS no. 24/2005, 61/2005, 54/2009, 32/2013, 75/2014, 13/2017 – decision of the CC, 113/2017 and 95/2018 – authentic interpretation), an employee with health issues, established by the competent medical authority pursuant to the law, shall not be allowed to pursue work that could result in deterioration of their health or consequences dangerous for their environment (Article 81, paragraph 2).
Mediation’s Bright Future
Mediation as a way of resolving disputes between parties has existed for a long time now. However, not many have been willing to take part in the mediation process and use this way of resolving disputes, whose main purpose is to achieve a solution acceptable to both parties. It seems that long-lasting court proceedings and often expensive arbitration processes have shed light on a more amicable, faster, and more economical way of resolving disputes – mediation.
We Have Interviewed Chatgpt on its Liabilities for Damages, and Here is What it Said
With Chat GPT the world is witnessing the first visible mass use of artificial intelligence (AI) algorithms in complex intellectual works. Although AI is not any novelty in the world, it seems that in 2023 Chat GPT made a real breakthrough in the everyday use of AI assistance to humanity.
EU Adopts a New Directive to Fight Greenwashing!
On March 22, 2023, the European Commission adopted a proposal for a new directive to prevent businesses from misleading their customers about the environmental characteristics of their products and services.
Harrisons Advises EBRD on EUR 100 Million Loan to Banca Intesa Belgrade
Harrisons has advised the EBRD on its EUR 100 million on-lending loan to Banca Intesa Belgrade.
Serbia – Data Protection Strategy Proposal for 2023-2030
The Serbian Ministry of Justice released a Data Protection Strategy Proposal for 2023-2030 and invited stakeholders to participate in public discussion. The document sets an ambitious goal: harmonisation of data protection legislation with acquis communautaire resulting in obtaining EU decision on the adequate protection of personal data and resulting in a free flow of personal data with EU. We would be glad to participate in public discussion providing suggestions resulting from our long-term practice for the improvement of the proposal.