COUNTRY UPDATE – Serbia: Insurance 2024 (Contribution by Suzana Pavlovic, Jelena Pejovic and Mirjana Mladenovic Paripovic, Attorneys at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: Insurance, Oct 2024) In Serbia, the insurance sector is regulated primarily by the Law on Contracts and Torts and the Insurance Law. These...Read More

7th Edition of “Insurance Disputes” We are pleased to share the release of the 7th edition of Insurance Disputes by Lexology, a must-have resource for anyone involved in navigating the complex world of insurance conflict resolution. This updated edition offers comprehensive insights into how insurance disputes are evolving across different jurisdictions globally, making it an...Read More

(ΑΜL) Anti Money Laundering Regulation 2024/1624: Harmonizing Compliance Standards across the EU (article by A. Chatziiakovou, Associate and S. Getimi, Senior Associate published on Lexology, Sept 16, 2024) Introduction As illicit money flows can prove particularly damaging to the integrity, stability and prestige of the financial sector and threaten the EU’s internal market, targeted and...Read More

COUNTRY UPDATE – Serbia AML 2024 (Contribution by Suzana Pavlovic, Attorney at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: AML, July 2024) The article by Suzana Pavlovic provides a detailed overview of Serbia’s legislative measures to prevent money laundering and terrorism financing. It outlines the main laws, responsible...Read More

Insurance & Reinsurance Law – Greece Published on Lexology In-Depth, June 3 The Greek insurance market has seen substantial growth and significant regulatory changes in 2023, as detailed in a recent Lexology In-Depth article by Dr. Dimitris Chatzimichael, Partner,  Xenia Lymperopoulou, Associate, and Xenia Kretsovali, Associate at Rokas Law Firm. The article distinguishes between life,...Read More

Insurance legal framework in Bulgaria The legal framework of any sector could be quite a complex notion. Regarding the insurance sector, however, its guarantee and surety functions, protecting the interests of insureds and beneficiaries, generate several specificities. 1. Sources The main source of insurance legislation is the Insurance Code (IC) which concentrates great part of...Read More

Insurance Disputes Law Review, 6th edition The recently published 6th edition of the “Insurance Disputes Law Review” constitutes an invaluable source of knowledge on the ever-evolving field of insurance conflicts’ resolution, examined across diverse jurisdictions worldwide. This comprehensive edition offers a pragmatic overview, dissecting recent advancements in the resolution of insurance-related disputes while intricately analyzing...Read More

SWOT analysis of the digital transformation amendments to the Bulgarian Insurance Code by Yordanka Dimova, Senior Associate Rokas (Sofia) On 16 October 2023 the Ministry of Finance launched public consultation regarding the proposed amendments to the Bulgarian Insurance Code (IC). The consultation will last until 15 November 2023. The proposed amendments will strongly affect the...Read More

COUNTRY UPDATE – Serbia: Insurance 2023 (Contribution by Aleksandar Mladenovic, Attorney at Law in Rokas Belgrade, published in Thomson Reuters, Regulatory Intelligence, Country update – Serbia: Insurance, August 2023) Does Solvency II apply/Has Serbia implemented Solvency II? As a candidate country for joining the EU, Serbia is obliged to ensure that its laws are compliant...Read More

Cancellation of insurance policy on the grounds of unfair business-to-consumer commercial practice (Directive 05/29) by Xenia Kretsovali The CJEU in case number C-208/21 (preliminary ruling of 02.02.2023), ruled that the consumer is entitled to request the cancellation of insurance policy in accordance with the provision of Directive 05/29 on unfair business-to-consumer commercial practices. In the...Read More