Summary
This Code has been developed in the regulatory framework of the Law on Business Companies, Law on Securities Market and other financial instruments and bylaws of the Securities Commission of the Republic of Serbia. When drafting the Code, the intention was to avoid to the greatest possible extent the repeating of imperative provisions of the afore said regulations covering good corporate governance rules, and to focus on the further upgrading of corporative relations through the implementation of internationally accepted principles and best practice of the corporate governance.