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Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

MENI

Recent Activities

11. April 2019.

Appeal for Certainty in Banking

On April 11, FIC sent letter to the Prime Minister and NBS Governor to call against retroactive implementation of the new rules in banking sector.

The initiative was launched as a reaction to the current developments related to the loan processing fees and loans in Swiss francs (CHF) issued to individuals. Namely, the Government announced the lex specialis laying out the conditions for the loans in Swiss francs. This follows the decision of the Supreme Cassation Court. Regarding the loan processing fees, the main issue is the uneven practice of courts in the procedures by the customers contesting the legality of such fees.  While supporting the modernization of the legislation, FIC pleaded against its retroactive implementation, noting that it hampers the legal certainty and stability of the regulatory framework in banking sector. Letter also outlines the importance to include private sector in consultations on the legislative changes. Press release issued a day after conveys this message to the wide audience.  “We extend support to finding solution through potential introduction of lex specialis, but at the same time convey that it is of the utmost importance that the new regulation creates a clear legal ground and resolves all open issues which are burdening the operations of the banking industry. Moreover, it is essential that the new framework keeps retroactive changes at a minimum and, thus, that it reconfirms and revalidates trust in the legal system of the Republic of Serbia”, press release states.

Annual Report

Annual Report
We present the Annual Report which provides key information on FIC activities during the year.

WB Essentials

WB Essentials
We present you “The White Book Essentials” – an executive summary of the White Book edition for 2018.

White Book

White Book
Published yearly since 2003, goal of the White Book is to enable removing unneeded barriers and make doing business in Serbia easier, thus enabling better inflow of investments. It is promoted every year in the fourth quarter at the prestigious high-level event.

FIC News April

Browse this edition

fic guide

fic guide
Guide to Foreign Investors Council in Serbia 2018/19

Rcc

Rcc
Reality Check Conference is an important tool in achieving FIC goals: it is an event meant to remind the authorities about the recommendations from the latest White Book edition and check status of their implementation.