Kosovo’s financial sector is experiencing remarkable growth and resilience, reflecting the nation’s commitment to economic stability and development. As of December 2022, the total assets of Kosovo’s financial system surged to an impressive 9.89 billion euros, marking a substantial annual in crease of 10.7% compared to the previous year, as detailed in the CBK’s annual…
Consumer protection’s main regulation in Kosovo is the Law No 06/L-034 on Consumer Protection (Law on Consumer Protection). It is in line with EU Directives regarding commercial law. It aims to regulate the market conditions in business-to consumer relations, the consumers’ rights in relation to contracts and the protection of their interests. Among its many…
Data protection is regulated in Kosovo by The Law on Protection of Personal Data No.06/L- 082 (“Law on Data Protection”) entered into force on 13 February 2019. It transposes the Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 (GDPR) on the protection of natural persons with regard to…