NBS

Insurance Law

Insurance brokerage undertaking

The conditions for the establishment and operation of insurance brokerage undertakings, as well as the conditions for performing insurance and reinsurance brokerage activities, are regulated by the provisions of the Insurance Law (RS Official Gazette, Nos 139/2014 and 44/2021). Insurance brokerage activities include insurance and reinsurance brokerage activities. Insurance brokerage activities shall be activities related…
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Companies Act

Expulsion of a Company member

In accordance with the provisions of Companies Act company member can be expelled by resolution of the general meeting or by a court decision. Expulsion of a Member by Resolution of the General Meeting Persons who have, under the memorandum of association or otherwise, taken on the responsibility of paying, or entering a certain contribution…
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Credit facility operations

Capital transactions according to Law on foreign currency transactions

According to the provisions of Law on Foreign Currency Transactions (“Official Herald of the Republic of Serbia”, Nos. 62/2006, 31/2011, 119/2012, 139/2014, 30/2018 and 19/2025) capital transactions shall be transactions between residents and non-residents and the purpose of which is the transfer of capital. Capital transactions shall be the following: Direct investments Investments in real…
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Enforced collection – procedure of realization

Enforcement of claims from client’s accounts

Enforcement of claims from client’s accounts (Enforced collection) shall be realized in accordance with the provisions of articles 47. to 49. of Law on Payment Transactions (FRY Official Gazette, Nos 3/2002 and 5/2003, RS Official Gazette, Nos 43/2004, 62/2006, 111/2009, 31/2011 and 139/2014). The execution titles, the order of fulfilment of the execution titles and…
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