The Law on Financial Collaterals

The Law on Financial Collaterals

The Serbian Parliament adopted the Law on Financial Collaterals on 8 June 2018, which will become effective as of 1 January 2019.

The Law on Financial Collaterals and related amendments to the Bankruptcy Law are expected to bring more usage of the financial collaterals at the financial market, to reduce the market risk and increase the market liquidity. Still, it is yet to be seen how the market would react and whether the legislator would further support development of the domestic financial market by appropriate legislative measures.

The Law on Financial Collaterals – DOWNLOAD