On 12 December 2025, amendments to the Capital Markets Law (“Official Gazette of RS”, Nos. 129/2021 and 109/2025) and the Alternative Investment Funds Law (“Official Gazette of RS”, Nos. 73/2019, 94/2024 and 109/2025) came into force. The changes aim to strengthen the regulatory framework and further align Serbian rules with European Union standards in financial services.
