18 May 2023

US Legislative Initiatives to Tackle AI Risks

In a landmark gathering at the White House, some of the most influential CEOs and leaders in artificial intelligence (AI) convened for a crucial discussion on responsible innovation and mitigating AI risks.  The meeting, organized to foster collaboration and cooperation between the government and the private sector, brought together renowned figures from technology giants and AI-focused companies. In the series of articles we present to you, we will deal with the US legislative initiatives behind the above meeting, which concern various risks of using AI. Block Nuclear Launch by Autonomous AI Act In recent years, the rapid development of AI […]

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15 May 2023

Branko Gabrić Participates in SEE Data Protection Congress

Last week, Branko Gabrić, our counsel, had the honor of being invited to speak at the South-East European Data Protection Congress in Belgrade.  The congress was held to establish a forum for data protection professionals to facilitate the exchange of ideas, opinions, updates, experiences, and the application of best practices, ultimately boosting the data protection scene in the region. Branko participated in the central panel on the first day of the conference, which focused on “Transparency – Can Organizations Ever be Too Transparent?”.  Alongside him were Boško Vojkić, Director of Data Protection at Ergomed PLC; Stevan Stanojević, founder of PrivacyOneStop; […]

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12 May 2023

Miloš Petaković Delivers Lecture at Top Italian University

On Wednesday, our Senior Associate and a key member of our Banking & Finance team, Miloš Petaković, was invited to deliver a guest lecture on consumer protection for consumer loans in Serbia at the Faculty of Law of the European University in Rome.  The class was held for the students of European Banking Law, led by Prof. Attilio Cristiano Vaccaro Belluscio. Miloš began the lecture by providing an overview of the history and general principles governing the banking system in Serbia and its position in the European context.  He highlighted the regulatory and institutional landscapes that govern the banking sector […]

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11 May 2023

The Digital Revolution in Serbian Business Entity Registration

The landscape of business registration in Serbia is changing, catalyzed by the advent of digital technologies.  As of May 17, 2023, Serbia is set to embrace a comprehensive digital transformation by mandating all business entity registrations to be conducted exclusively via the Business Registers Agency’s (APR) eRegistration application.  This move will render paper-based applications obsolete, bringing greater efficiency and practicality to the business registration process. This transition applies across the board to all legal entities in Serbia, including Limited Liability Companies (DOO), General Partnerships (OD), Limited Partnerships (KD), and Joint-Stock Companies (AD).  This change not only streamlines administrative procedures but […]

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11 May 2023

Gecić Law Leads Legal Workshops for Startups at Biosense Acellerator

As part of the ongoing collaboration between the Biosense Institute and Gecić Law, as a mentor, our Senior Associate Nemanja Sladaković led two workshops within the 10th Module of the Biosense Accelerator, the cutting-edge immersive program for the region’s early-stage and growth-stage AgTech startups.  The in-depth workshop titled “Legal ABCs for Startups” aimed to educate participants on corporate law basics crucial for startups to know before incorporation and in the early stage of development.  The workshop covered various legal branches such as contracts, employment law, ESG, intellectual property protection, and dispute resolution. The interactive and engaging session allowed participants to […]

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08 May 2023

AI and Competition Law: Threat or Solution

With technological advancements changing both how antitrust laws are enforced and how undertakings violate competition laws, the fourth industrial revolution and the rapid growth of AI continue to affect this area of law, as many others.  It is impossible to ignore the potential for AI to conquer markets and its ability to spot and fix basic market balance violations.  Despite the benefits of technology for customers, it also threatens their interests by distorting market dynamics and impacting competition.   Threat Using AI presents a potential risk as it allows for price collusion through price monitoring and algorithmic matching software.  While […]

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04 May 2023

Bogdan Gecić on Legal Response to AI Expansion

Bogdan Gecić, Founding Partner at Gecić Law, was invited by the prestigious directory The Legal 500 to discuss the legal aspects of Artificial Intelligence (AI) in an article titled “Rise of the Machines: Shaping the Legal Response to AI’s Rapid Expansion,” published on Legal Business. The article discusses the rapid expansion of AI and its implications.  Bogdan argues that the legal world is on the cusp of a major transformation driven by AI technology and explores its benefits, including improved efficiency, accuracy, and reduced costs.  He also acknowledges the potential risks and ethical concerns associated with AI, such as data […]

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03 May 2023

Western Balkans ESG Summit: Driving Sustainable Growth

The Western Balkans ESG Summit, the first regional event on this hot topic, successfully concluded last week after two days of insightful discussions and informative sessions on Environmental, Social, and Governance (ESG) issues.  The conference, which gathered 450 participants and 150 companies from the region, was held to promote sustainable development and drive positive change for businesses and society in the area. The Western Balkans ESG Summit brought together industry experts, business leaders, policymakers, and representatives from civil society to discuss the importance of ESG issues for the region.  The event featured keynote speeches, panel discussions, and interactive workshops that […]

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27 Apr 2023

Proposed Changes Set to Ease Rules for Foreigners in Serbia

Migration is a phenomenon as old as humanity itself.  In modern times, a good life today means a good job.  Since industrialization and globalization, it has become increasingly more accessible and more efficient for people to move around and satisfy the needs for labor in different parts of the world.  Today, due to demographic and economic trends, in addition to the growing demand for jobs in digital and technology, there is also a need for more traditional occupations.  Numerous, mainly developed countries, have already taken measures to ease the conditions for the employment of foreign nationals. Serbia is increasingly becoming […]

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26 Apr 2023

Final Countdown to the Western Balkans ESG Summit!

The Western Balkans ESG Summit starts tomorrow!  Gecić Law proudly announces its participation in the first regional event dedicated to environmental protection, social responsibility, and responsible management (ESG).  The summit will be held on April 27th and 28th, 2023 in Tivat and will focus on sustainable development issues in the Western Balkans. The Western Balkans ESG Summit will bring together regional and global leaders and experts in sustainable business who will address this global paradigm shift and its impact on Southeast European markets. Gecić Law will participate in the ESG regulation panel, discussing the latest ESG regulations and their far-reaching […]

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