SEC’s latest approvals and licenses

On Thursday, 22 December 2022, the Securities Commission approved an application by the AIF management company Eurasian Real Estate Investment Management from Belgrade (EREIM) to establish and set up a closed-ended real estate AIF subject to private placement that does not have legal personality: ”Q INVEST“. The Commission also approved the publishing of a white paper for the initial offering of digital assets by the company Finspot from Belgrade.

The alternative investment fund management company Eurasian Real Estate Investment Management is a small AIFM which may organize and manage more than one investment fund. The primary objective of this company is investing into a real estate market in Serbia. The minimum required subscription by a single investor in the AIF is EUR 50,000.

In addition, the Securities Commission approved for the Belgrade-based company Finspot issuance of the white paper for the initial offering of 185,250 Finspot factoring tokens (FIN2), with a nominal value of RSD 1,000. The white paper contains all the information about the issuer and the initial offering enabling buyers to make an informed decision on the investment in digital assets and to understand the risks associated with the initial offering and the digital assets offered.