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.
New Law on the Central Register of Beneficial Owners
Serbia’s new Law on the Central Register of Beneficial Owners, effective March 2025, introduces stricter transparency measures aligned with anti-money laundering regulations.
Company Share as a Joint Property of Marital Spouses
When a company is formed during marriage using joint funds, Montenegrin law grants ownership rights only to the formally registered spouse, even if the investment came from shared marital assets.
Public Good vs. Private Rights: Does Expropriation Strike the Right Balance
Expropriation in North Macedonia enables the state or municipalities to acquire private property for public interest projects—such as infrastructure, energy systems, or urban planning—under strict legal conditions.
New Bylaws in the Field of Occupational Safety and Health
The Republic of Serbia’s Ministry of Labour introduced two new occupational safety and health regulations effective April 2025.
New AML/CFT Rules: Key Updates & Why They Matter
The recent amendments to Serbia’s Law on the Prevention of Money Laundering and Financing of Terrorism introduce critical updates to strengthen financial oversight.
Another JPM & Partners Arbitration Success
JPM & Partners has successfully secured a significant arbitration win in a complex, high-stakes dispute!