On December 16, 2021, the Foreign Investors Council (FIC) held the regular annual session of the Assembly summarizing the key achievements and making solid basis for the future growth, as well as electing the new Board of Directors. Members also adopted the Annual and Financial Report for 2021.
From an independent business association created by 14 companies, the FIC developed into the organization gathering over 120 companies from all around the globe which have invested over EUR 36 billion and employ more than 100,000 employees in Serbia.
In 2021, the FIC Legal Committee, a body advocating the improvement of the overall legal framework on behalf of the FIC members, commenced several regulatory initiatives related to the digitalization of financial services, the Company Law and the Law on Archival Material and Archival Activity. The Committee organized FIC Insight on e-Business Law and around 80 people used that opportunity to learn novelties on e-Business Law and clarify misconceptions in practice. FIC insight was launched in 2020 as an additional service to members and a platform for exchanging knowledge and is a presentation of selected important new legislation to interested FIC members. Traditionally, the Legal Committee gave the largest contribution to the production of the White Book.
Annual Report of the Legal Committee was presented by Igor Živkovski, Živković Samardžić Corporate and M&A Partner, who serves as President of the Foreign Investors Council’s Legal Committee.