14 Feb, 2019

Gecić Law contributed to the Serbian chapter of the TerraLex Cross-Border Copyright Guide 2019

Gecić Law is delighted to have contributed to the Serbian chapter of the TerraLex Cross-Border Copyright Guide 2019! Copyright rules are becoming increasingly important to businesses and decision-makers across the globe, especially as global economies are increasingly becoming digitalized and creative and software industries are expanding continuously. This guide offers a great insight on copyright legislation across national boundaries. The comprehensive guide covers 24 global jurisdictions, which TerraLex has found to play a significant role to global businesses, including the Republic of Serbia! If you would like to read on how to protect your ideas and innovations in different countries, […]

07 Feb, 2019

German Competition Authority: Facebook is a dominant company in the social networks market

The German Competition Authority (“Bundeskartellamt”) issued a decision which will have significant impact on both Facebook’s data policy and competition issues in relation to social networks.  The decision came after an almost three-year investigation into the practices of this social network. Internal divestiture of Facebook’s data The Bundeskartellamt has imposed far-reaching restrictions on Facebook, concerning its data processing practices.  So far, Facebook users have only been able to use the platform if they agreed to the terms and conditions which provide that user data can be collected outside the platform, including from websites and apps owned by Facebook, as well […]

23 Jan, 2019

YouTube, Netflix and Others Accused of GDPR Violations

Friday is widely regarded as a day marked by joy and happiness. However, last Friday did not produce such emotions for data protection officers working in the online streaming services (“OSS”) industry, that is in Amazon, Apple, DAZN, Flimmit, Netflix, SoundCloud, Spotify and Youtube. Namely, the Austrian campaign group None of Your Business (“NOYB”) filed 10 complaints with the Austrian Data Protection Authority and asked for an investigation of an alleged breach of Article 15 of the General Data Protection Regulation (“GDPR”). NOYB accused OSS for violating the “Right to access by the data subjects” (which provides that the data […]

24 Dec, 2018

Season’s Greetings!

Dear colleagues, partners and friends, This is the most wonderful time of the year, and we wish you a marvelous holiday season! May the year 2019 be full of success and happiness! Happy Holidays!  

19 Dec, 2018

Too Big to (anti) Trust? The Competition Carol of the Big 4 in the UK

As recent events suggest, the harmony and tranquility (of the most wonderful time of the year) in the UK audit market, dominated by the Big Four[1], is soon to be interrupted. The UK Competition & Markets Authority (“CMA”) has published an updated paper outlining serious competition concerns and proposing legislative changes in order to improve the audit sector for the sake of both savers and investors. After conducting a market study into the statutory audit market, the CMA reached the following conclusions: Since the companies are free to choose their own auditors, there has been too much evidence of them […]

11 Dec, 2018

Yes, We Can! Reversing Brexit is a Viable Option under Lisbon Treaty [EU Law]!

A rainy tale of two e-mails The former Foreign Secretary and Mayor of London, Alexander Boris de Pfeffel Johnson, also known as “Boris Johnson”, was sitting on his chair in front of his laptop on a rainy February day in 2016. He had two word files in front of him. With a scent of political mysticism, and a flash of destiny overwhelming his Etonian eyes, he had to choose which file to send to the Sunday Times, to file that will turn into an article that will grant him the key to his favorite immovable property – 10 Downing Street […]

27 Nov, 2018

An Opportunity Not to be Missed: Montenegrin Citizenship by Investment to Commence on 1 January 2019

Montenegro, the jewel of the Adriatic Sea and first in line to become the next European Union (EU) member state, is commencing its program of granting citizenship by investment. The benefits of such program for investors are manifold – the opportunity to become a citizen of a beautiful European country that is experiencing one of the highest investment per capita in the Old Continent but also the chance to become a citizen of the EU once the country becomes EU member state. On 22 November 2018, the Government of Montenegro adopted the Decision on the criteria, method and procedure for […]

14 Nov, 2018

Gecić Law at the Law Firm Marketing Summit 2018 in London!

Bogdan Gecić, managing partner at Gecić Law, a top tier law firm from Belgrade, gave a lecture on the importance of social media and communication at the Law Firm Marketing Summit held in London. “Social media are an important tool to cement presence on the Internet and share the values of your firms with the public”, said Mr. Gecić. “We do not only embrace social media as a medium of promotion of our firm and corporate life within the office, but we also share the successes of our partners and clients because we believe in the idea, as we dubbed […]

05 Nov, 2018

The First Major GDPR Case Is Underway!

Not so long ago, on May 25, 2018 the General Data Protection Regulation (GDPR) came into force. The GDPR has been a subject of great interest and discussion, even prior to its implementation, due to its application on entities all over the world – inside or outside the European Union (EU). Although the GDPR has, practically, changed the legal framework in relation to the rules on data protection, and introduced a whole set of new obligations while imposing massive fines for non-compliance, the real implications of the application of the GDPR are yet to be seen, especially on non-EU entities. […]

10 Oct, 2018

Corporate Stamps Are History

A year ago, we wrote that the use of corporate stamps during payment services was abolished. Now, this process has come to an end. Although the Corporate Act of Serbia from 2012 explicitly states that companies are not obliged to use their corporate stamps when conducting their day-to-day business operations, the practical application of this rule had not yet been enforced. Difficulties occurred primarily in dealing with the banking sector, as commercial banks continued to demand from their clients the use of corporate stamps in order to verify payment orders and other relevant documents. Such practice terminated exactly one year ago, on […]