06
Sun, Jul
99 New Articles

Enactment of New Law on Personal Data Protection is Coming Closer

Enactment of New Law on Personal Data Protection is Coming Closer

Serbia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Serbian Government took a significant step towards harmonization of data protection regulations with GDPR. On September 24, the Government adopted a Bill on Personal Data Protection (“the Bill”) . Only a day after, the Bill was sent to the National Parliament to be adopted at first regular session in autumn starting from October 2018.

Although the Bill was estimated by the Commissioner for Protection of Public Information and some experts as a robust and inapplicable document, the Bill represents a significant step forward in promotion of European values in Serbia. The Bill contains all relevant provisions and legal institutes as in GDPR and therefore may be a solid basis for achievement two main goals: i) improved protection of privacy rights in Serbia; ii) smooth flows of personal data between Serbia and Europe and the rest of the world. 

The substance of the Bill is that Serbian and foreign residents will have to apply the same institutes as residents of the European Union.  The Bill leaves Serbian and foreign residents (companies) nine months for compliance with the Law on Protection of Personal Data, (“the New Law”).

By Ivan Milosevic, Partner JPM Jankovic Popovic Mitic

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

Our Latest Issue