Two very different examples of U.S. sanctions enforcement have recently highlighted the significant obligations on commercial actors to leave no stone unturned in their compliance oversight, when potentially doing business with Russian players. In the first, a U.S. private equity fund was caught out. In the second, the sanctioning of the Serbian oil company NIS in October 2025 has had far-reaching practical implications in the Western Balkans for consumers and NIS’s business partners. U.S. Private Equity Firm Fails to Understand Investment Ultimately Came from Russian Oligarch On December 2, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets […]
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Gecić Law is proud to announce its contribution to the 2025 edition of the Chambers Global Practice Guides, authoring the Serbia chapter of the Corporate Governance: Trends & Developments section. This insightful contribution was authored by Vera Davidović, Counsel at Gecić Law, along with Associates Dušan Jablan, Marko Jović, and Uroš Rajić. All in all, they provide a comprehensive and practical overview of the latest shifts in Serbia’s corporate governance landscape. They also offer essential guidance for domestic and international stakeholders navigating the country’s evolving regulatory environment. Serbia’s Corporate Governance Evolution: Reform, Alignment, and Opportunity The article presents a detailed […]
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