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As of 1 October 2025, the new Law on the Central Register of Beneficial Owners (“Official Gazette of the RS”, Nos. 19/2025, 51/2025, and 60/2025 – correction; hereinafter: the “New Law”) shall enter into force and introduce significant changes for all registered entities in the Republic of Serbia.

In The Debrief, our Practice Leaders across CEE share updates on recent and upcoming legislation, consider the impact of recent court decisions, showcase landmark projects, and keep our readers apprised of the latest developments impacting their respective practice areas.

In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. This time around, we asked: If you were to hire a new receptionist tomorrow, what is the one most important trait you look for and why?

On November 1, 2024, a canopy collapse at Novi Sad Railway Station claimed 16 lives, with subsequent investigations exposing glaring discrepancies in a multi-million-euro renovation. The disaster has since sparked Serbia’s largest protest movement in decades, as citizens and students mobilize to demand accountability, transparency, and broad systemic reforms.

Schoenherr Partner Igor Zivkovski, ZSP Advokati Partner Jelisaveta Stanisic, Karanovic & Partners Partner Maja Jovancevic Setka, and MMD Advokati Partner Rastko Malisic discuss how, after years of dormancy, Serbia’s exchanges and fund platforms are finally showing signs of life, as institutional and retail actors alike begin to test the waters. While trading volumes and liquidity remain modest, a growing consensus among policymakers and market participants suggests that the capital market’s long-awaited expansion may at last be underway.

As cross-border client needs grow in Southeast Europe, Kinstellar launched the Western Balkans Hub to offer legal support across the region. SOG in cooperation with Kinstellar Managing Partner Milos Velimirovic and Special Counsel Olga Sipka discuss how the Hub came to life, how it works in practice, and what sets it apart.

In Serbia’s real estate market, cultural tradition, financial caution, and limited alternatives intersect to create a unique investment landscape. NKO Partners Partner Branko Jankovic, BDK Advokati Partner Jelena Hrle, Bojovic Attorneys at Law Partner Marija Bojovic, Radovanovic Stojanovic & Partners Partner Milorad Gajic, and Gecic Law Partner Miodrag Jevtic discuss the enduring preference for property as a default investment, the historical experiences that continue to shape investor behavior, and the broader economic and geopolitical factors contributing to rising property prices across the country.

Dunja Hasanovic, Chief Legal Officer of AMA Group, shares insights from her almost two-decade journey in the legal field. Today, she focuses on leading legal projects across the group and monitoring legal and regulatory developments that affect its operations, always working to support both compliance and business needs.

Belgrade is gearing up to host Expo Belgrade 2027 (Expo 2027), a first-of-its-kind specialized exhibition for Serbia and the Western Balkans. With major infrastructure projects underway and over EUR 1 billion in projected gains, the event promises both opportunity and challenges, according to JPM & Partners Senior Partner Jelena Gazivoda and Zivko Mijatovic & Partners Of Counsel Mina Jovanovic Ninkovic.

The Government of the Republic of Serbia has passed two decrees to ensure security of the supply of natural gas. These are the Decree on determination of the preventive action plan for the purpose of ensuring security of supply of natural gas and the Decree on determination of the crisis plan for the purpose of ensuring security of supply of natural gas.

Effective 1 October 2025, the new Law on the Central Registry of Beneficial Owners (“Official Gazette of the Republic of Serbia”, nos. 19/2025, 51/2025 and 60/2025) (the “Law”), will introduce significant changes to the formalities related to beneficial ownership (the “UBO”). Keeping the UBO data documented, up to date and accurate will become precondition for smooth conduction of numerous daily operations (such as opening new bank account, taking credit, insuring property or engaging broker).

Platform liability for third-party intellectual property (IP) infringement is an important legal issue both globally and in Serbia. In the EU, platforms are subject to the Digital Services Act (DSA), which outlines detailed rules regarding platform obligations, responsibilities, and liability. In Serbia, the legal framework is more fragmented, as there is no single regulation that systematically governs the area.