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Member Articles


The Data Protection Act 2018, the GDPR and non EU Businesses – Beware the long arm of UK and EU law

Background – the GDPR On 25 May 2018 the General Data Protection Regulation (GDPR) came into force across the EU. Many businesses and their advisers outside the UK and the EU will be familiar with it. For the GDPR app ...

When do directors contemplate the interests of a company’s creditors?

All directors should be aware of the statutory and fiduciary duties that they owe to the company. The certain duties and responsibilities are listed at sections 171 to 177 of the Companies Act 2006 and include a duty to ...

No Antitrust Liability for National Bar Association (AKS) as Commission Closes Case

Gecić Law successfully represented the Bar Association of Serbia in a positive resolution of a landmark antitrust probe in Serbia (link). On May 24, 2018, the Serbian Commission for Protection of Competition, the nation ...

Tax Issues in Walmart-Flipkart E-commerce Deal

In June 2018, one of the largest acquisitions in the history of E-commerce companies was announced. U.S. retail giant, Walmart has acquired a 77% stake in Flipkart, the largest e-commerce company in India, for USD 16 Bi ...

Bank Indonesia Issues New Regulation on Electronic Money

Bank Indonesia (“BI”) has issued the newest regulation on Electronic Money (“E-Money”), i.e. Bank Indonesia Regulation No. 20/6/PBI/2018 on Electronic Money (“PBI 20/2018”). PBI 20/2018 fully replaced the pr ...

Understanding Cryptocurrencies and Their Place in Our World

Author: Corey McLaughlin Although they’ve been around since 2008, cryptocurrencies continue to draw fascination from every corner of the globe, making their way into TV news reports, investor meetings and even co ...

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