Canada    FinTech Guide    Chapter 5    Serbia


5. Crowdfunding / Crowdinvesting / Crowdlending
Serbia  Serbia


Legal Affairs


Crowdfunding is not an activity recognized under the Serbian law. Due to the restrictive approach of the Commission, once it is not regulated it will be regarded as forbidden. However, the NBS is in the process of analysing this aspect of business. We expect development of the market in this regard, although the timing is still unclear, due to the necessity of amendments of the applicable regulations.



Economic Conditions


No data available.



Contributing Authors

Karanovic & Nikolic

Marko Ketler
Belgrade, Serbia

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Chapter Index:


1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

Disclaimer:
The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 August 2019