We are delighted to welcome Bosnia and Herzegovina to the JPM & Partners family.
Month: May 2025
Serbia Becomes a Member of the Single Euro Payments Area
On 22 May 2025, the Republic of Serbia was officially included within the geographical scope of the Single Euro Payments Area (“SEPA”) payment schemes, becoming its 41st member.
New Legal Framework for Real Estate Mediation and Leasing in Montenegro
Montenegro’s proposed Law on Mediation in Real Estate Sales and Leases seeks to formalize the sector by requiring intermediaries and agents to register through an official system, ensuring only authorized entities—including qualified EU/EEA businesses—can operate.
Settlement in Misdemeanor Proceedings
The Institute of Settlement, within the scope of misdemeanors, was introduced into Macedonian legislation by the Misdemeanor Act in 2019 as a modern tool for efficient legal sanctioning of legal entities.
Applicability of Extension of Time in Construction Contract in Serbian Law
The Extension of Time (EoT) mechanism is widely used in construction contracts to account for delays beyond the contractor’s control.