NBS Oversight of Foreign Exchange Operations: What Every Company Must Know in 2025 The National Bank of Serbia (NBS) is assuming a more significant supervisory role in overseeing currency exchange and foreign exchange operations. This shift aims to further develop the financial market and enhance protection for users of financial services. Foreign Exchange Operations in […]
Why Serbia? The Growing E-Money Market Serbia’s digital economy is booming, offering a lucrative opportunity for businesses looking to enter the electronic money market. With recent regulatory updates aligning with EU standards, obtaining an Electronic Money Institution (EMI) license in Serbia is now a streamlined yet structured process. If you’re considering launching your own EMI […]
Foreign law firms handling Mergers and Acquisitions (M&A) in Serbia often face significant delays due to lengthy approval processes. These delays, stemming from regulatory approvals and governmental red tape, can slow down deal timelines and create uncertainty. This article highlights the key challenges related to regulatory and governmental delays in Serbia and provides practical strategies […]
In today’s global economy, interactions between domestic legal entities and foreign creditors are increasingly common, especially in credit transactions. Therefore, understanding the legal framework governing these transactions in Serbia is crucial for businesses engaging in cross-border financial dealings. This article provides an in-depth analysis of the regulations and legal considerations involved in credit agreements between […]
Understanding Payment Institutions in Serbia Over the past decade, Serbia has established a comprehensive regulatory framework for payment services and electronic money issuance, led by the National Bank of Serbia (NBS). This legal structure has paved the way for the formation and operation of Payment Institutions (PI) and Electronic Money Institutions (EMI), which play a […]
Money, in its traditional form served the purpose perfectly, as long as the market involved one small town and one craftsman. Now, when the Internet and global communications made whole world a small town, challenges of the trade require new solutions in the traffic of goods and services.