The new Communiqué amending the Capital Market Board’s [“CMB”] Communiqué on Tender Offers No. II-26.1 [“Amendment Communiqué”] entered into force upon its publication in the Official Gazette dated October 16, 2021.
The Buzz in Bosnia & Herzegovina: An Interview with Emina Saracevic of Saracevic & Gazibegovic Lawyers
A significant number of updates, changes, and amendments to the legal framework of Bosnia & Herzegovina spells out a very strong positive direction that the country is moving in, according to Saracevic & Gazibegovic Lawyers Partner Emina Saracevic.
Stock Option Plans: A Modern Retention Tool Encouraged by Law
The modern mentality concerning the relationship between employers and employees has led to the creation of mechanisms aimed at increasing the loyalty of the latter. One such mechanism that has become very popular in recent years is the Stock Option Plan.
Non-payment of Capital Contribution in Joint-stock Companies: The Forfeiture Procedure under Turkish Law
Capital commitment is one of the indispensable conditions for becoming a shareholder in a Turkish joint-stock company ("JSC"). Under Turkish law, the main responsibility of a shareholder, whether in the stage of incorporation or capital increase, is to pay the undertaken capital.
Turkish Capital Markets 2020 Overview
The Turkish capital markets have undergone many regulatory amendments and adjustments this year to provide a more robust environment in terms of transparency, competition, and stability for investors. As regulators have kept manipulative transactions in their sights to overcome the panic created by COVID-19, the Turkish Capital Markets Board (CMB) has imposed many sanctions and penalties.
Capital Markets in Bosnia & Herzegovina
Contributed by Karanovic & Partners.
Capital Markets in Bulgaria
Contributed by Tsvetkova Bebov Komarevski.