Insights

Notes on the frameworks we structure within.

Short, technical pieces written for issuers and their advisors. Explanatory only — none of it is legal or investment advice.

Upcoming

First pieces in preparation.

Serbia

In preparation

Understanding Serbia's Digital Assets Law

What the law actually covers, how it distinguishes digital assets from securities, and which activities require authorisation from the Securities Commission or the National Bank.

European Union

In preparation

MiCA vs. MiFID II: what actually changes for issuers

The two regimes are frequently discussed as alternatives. For most issuers the practical question is narrower: which one your instrument falls under, and what that means for the parties you need around the table.

Structuring

In preparation

What 'tokenized bond' means in practice

A note on what changes and what does not when a conventional debt instrument is represented on a distributed ledger — register, transfer, reporting, and the parts that remain entirely conventional.

Articles published here are general commentary on regulatory and structuring topics. They do not constitute legal, tax, or investment advice and should not be relied upon as such.