17 Nov 2021

Gecić Law Yet Again Nominated Among Top Firms in SEE

Gecić Law is proud to announce that it remains a force to be reckoned with as it qualified yet again for the finals of the Oscars of the European legal world, the coveted The Lawyer European Awards, for the fourth consecutive year.  As last year’s Law firm of the year: Eastern Europe and the Balkans laureate, Gecić Law is now part of the playoffs for the 2021 Law firm of the year: South Eastern Europe Award, which now covers a market of more than 150 million people.  Our firm, positioned among the crème de la crème of law firms in […]

Details
08 Nov 2021

Gecić Recognized as Litigation Star

We are immensely pleased to announce that the prestigious global guide Benchmark Litigation ranked our Founding Partner Bogdan Gecić as a “Litigation Star” and Gecić Law as a “Recommended Firm” in Dispute Resolution in the Benchmark Litigation Europe 2022 edition.  Bogdan Gecić is one of only six practitioners in Serbia to receive the recognition and the only expert in the country to be acknowledged as a “Litigation Star” in Dispute Resolution.  The recognition also places Gecić Law among select firms in the market to be recognized by the distinguished guide. Benchmark Litigation is the definitive guide to the world’s leading litigation […]

Details
03 Nov 2021

Crypto and money laundering? FATF updates its rules

Does blockchain technology carry risks of money laundering and terrorist financing?  The Financial Action Task Force (“FATF”) responds affirmatively.  In October 2021, FATF published an Updated Guidance for a Risk-Based Approach (“Guidance”), as a result of crypto market monitoring.  The Guidance is based on the assessment of the risk of money laundering and terrorist financing regarding the regulation and supervision of virtual assets (“VA“) and Virtual Assets Service Providers (“VASP“). The amendments to the Guidance are the result of the FATF’s ongoing work and oversight of the VA and VASP sectors and their development, to prevent money laundering and terrorist […]

Details
27 Oct 2021

Taboroši Scholarship 2022 – Applications now open!

Gecić Law is pleased to announce that we have opened the application process for the Taboroši Scholarship for the fifth consecutive year. About the Scholarship The Taboroši Scholarship was established in memory of Professor Svetislav Taboroši, by family members and former students who have been inspired by the professor’s work and dedication to academic research and innovative problem-solving in the practice of business law.  A brilliant teacher and scholar, Professor Taboroši strived to educate his students on the most recent trends in legal academic thinking and the importance of critical thinking in academic and professional analysis of international law & […]

Details
23 Oct 2021

Bogdan Gecić Discusses Client Communication in Forbes

Bogdan Gecić, Founding Partner at Gecić Law, was quoted in Forbes, the leading global business publication, in an article titled “Nine Important Lessons Leaders Have Learned About Customer Communication”. Bogdan was asked to join a panel of experts and share his perspective on the best approach to client communication from the point of view of an eminent entrepreneur in the legal and professional services industry. “In services, the client relationship itself seems to be the biggest part of what is being bought and sold. Like any other relationship between people, it is intangible and based mainly on subjective perceptions, not […]

Details
22 Oct 2021

Does the New Act Provide Greater Consumer Protection Opportunities?

On September 9, 2021, the National Assembly of the Republic of Serbia adopted a new Consumer Protection Act (“Act”), which entered into force on September 19, 2021.  The Act shall become applicable three months following its entry into force i.e. on December 20, 2021 (save for the articles regulating out-of-court settlements of consumer disputes, which shall become applicable six months following the entry into force i.e. on March 20, 2022). The Act’s main objectives are the improvement of consumer protection, more efficient implementation of statutory solutions and the comprehensive harmonization of consumer rights in Serbia with EU consumer protection law, […]

Details
19 Oct 2021

Gecic Law Takes Part in “Save Food, Save Humanity” Campaign

Gecić Law Law is proud to have contributed to a very important humanitarian campaign this year through a series of activities. At a ceremony held on October 9, Gecić Law was recognized for its contribution to this year’s National Day of Giving, as well as for participating in the “Let’s save food, let’s save humanity” campaign. The Gecic Law team, led by Senior Associate Danica Misojcic, contributed to this initiative by providing professional support to the efforts on improving the legal framework for the receipt of donations to Serbia from abroad. As part of this activity, Danica held a notable […]

Details
13 Oct 2021

What is ESG and why is it important?

Multinational entities and governments are pushing for more action regarding Environmental, Social and Governance (ESG) issues. As a result, enterprises increasingly integrate the ever-changing social and environmental factors into their business strategies. The concept of business success has changed and so must the actions they take. But what exactly is ESG? ESG is a set of standards to guide corporate policies to ensure sustainable development in the fields of environment, social and corporate governance. How Did We Get to ESG? Only twenty years ago, if one would ask a group of individuals with a business background about the main objective […]

Details
07 Oct 2021

Gecić Law Expands with ESG Practice Launch

Gecić Law is pleased to announce that we have become the first independent law firm in the region to expand into the sphere of Environmental, Social & Governance (ESG) by launching a new practice that will focus on the needs of businesses in this increasingly prominent area.   The practice will be co-headed by Partner | Head of Corporate/M&A Ognjen Colić and Head of Operations Hristina Kosec. The formal development of the ESG practice is a natural expansion of our corporate law activities and complements existing practices at Gecić Law.  Our firm’s multijurisdictional, holistic, and cross-disciplinary approach will be coupled with […]

Details
04 Oct 2021

EU Proposes the Prolongation of the State Aid Temporary Framework

The European Commission has proposed the prolongation of the State aid Temporary Framework until 30 June 2022, in order to expedite the ongoing Covid-19 economic recovery in Europe. The Temporary Framework was initially adopted on 19 March 2020 and to this date, it was amended and prolonged five times (more information available here and here). Margaret Vestager, the Executive Vice-President, who is in charge of the competition policy said that we are finally seeing improvements in the EU economy after the big crisis that hit the EU due to Covid-19.  She also added: ’’[W]e need to be aware of disparities […]

Details