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Amendments to Law on securities market adopted
Belgrade,
18 September 2008
The Serbian government has adopted in its session today the bill on amendments to the Law on market of securities and other financial instruments.
These changes, which are in accordance with the EU legislation, will provide more secure, transparent and eficient conditions for all finance market stakeholders.
The law will be synchronised with the Company Law and Privatisation Law relating to the conditions for issuing new and selling existing securities, making conditions for implementation of the procedure of the initial public tender for public companies in the process of their ownership transformation.
The government also adopted the bill on Serbia’s €36 million guarantee to German financial institution KFW for the debt of public company Elektroprivreda Srbije used for environmental protection in thermo-electric power station.
The government adopted a platform for negotiations with Montenegro on dual citizenship.
The government also adopted the bill on the Convention on access to information public participation in the decision-making and access to justice in environmental matters.
The Serbian government will hand over the bill on amendments to the Law on postal service to parliament's urgent procedure in a move to synchronise the law with the EU legislation.
The bill on International Labour Organisation Convention No. 187 on occupational safety and health was also adopted at the session.
One of the issues of today’s government session was that Serbia should start fulfilling its obligations from the Transitional Agreement with the EU. Considering the importance of this issue, the ministers agreed to intensify talks about this issue in the upcoming period.
The law will be synchronised with the Company Law and Privatisation Law relating to the conditions for issuing new and selling existing securities, making conditions for implementation of the procedure of the initial public tender for public companies in the process of their ownership transformation.
The government also adopted the bill on Serbia’s €36 million guarantee to German financial institution KFW for the debt of public company Elektroprivreda Srbije used for environmental protection in thermo-electric power station.
The government adopted a platform for negotiations with Montenegro on dual citizenship.
The government also adopted the bill on the Convention on access to information public participation in the decision-making and access to justice in environmental matters.
The Serbian government will hand over the bill on amendments to the Law on postal service to parliament's urgent procedure in a move to synchronise the law with the EU legislation.
The bill on International Labour Organisation Convention No. 187 on occupational safety and health was also adopted at the session.
One of the issues of today’s government session was that Serbia should start fulfilling its obligations from the Transitional Agreement with the EU. Considering the importance of this issue, the ministers agreed to intensify talks about this issue in the upcoming period.
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