New Law on Payment Services and Payment Systems

On April 12, 2022, the new Law on Payment Services and Payment Systems was adopted, and it entered into force on January 1, 2023. With the adoption of this Law, domestic legislation is harmonized with the directives of the European Union in relation to payment services ("PSD2" directive), which enables...

Reporting of concentrations under the Law on protection of the competition

It is evident that the current business environment requires companies to constantly diversify their offer in order to remain competitive in the market. Diversification for companies presupposes the expansion of its portfolio. Often, this means that the company is willing to acquire or merge with another company that has a...

Liability for Defamation

The basis for the existence of the legal institution of defamation is the need to protect the honor and reputation of the subjects. Аccording to the law "the person responsible for defamation is someone who, with the intention of harming his/her honor and reputation, presents or conveys untrue facts that...