The World Bank ranked Serbia 37th, when it comes to minority shareholders’ rights in related-party transactions and in corporate governance, in its Doing Business 2020 report within the Economy Profile of Serbia. This topic measures the strength of minority shareholder protections against misuse of corporate assets by directors for their personal gain as well as shareholder rights, governance safeguards and corporate transparency requirements that reduce the risk of abuse. The improvement achieved in this area is the highest leap and represents a progress from the 83rd to 37th rank.
Faculty of Organizational Sciences students visit RSSEC
More than fifty students from the Belgrade University, Faculty of Organizational Sciences (BU FOS) attending the fourth year of studies visited the Belgrade Stock Exchange and the Securities Commission, along with their professors from the Financial Management and Accounting Department of FOS, professor dr Vesna Bogojević Arsić and assistant professor dr Milica Latinović.
The Republic of Serbia Assembly adopted new investment fund legislation
The Republic of Serbia adopted a set of new financial laws among which the members adopted the Law on Open-End Investment Funds with a Public Offering and the Law on Alternative Investment Funds. The adoption of the laws separated the matter in accordance with the EU acquis into two laws.