
The Republic of Serbia Assembly adopted a new act on the capital market. After ten years of application of the “old” Capital Market Law (RS Official Gazette, No 31/11, 112/15, 108/16, 9/20 and 153/20) amended and fine-tuned on several occasions in this period, in response to the needs and developments of the market and its participants – Serbia now has the new, more comprehensive and detailed, EU-aligned text. The new law is aligned with the EU regulations governing markets in financial instruments (MiFid II), prospectus, investor compensation regimes, transparency, settlement finality in securities settlement systems, and market abuse.