The firm has undertaken to advise the Serbian Regulatory Authority of Energy in the approximation of Serbian legislation and practice with the Third Energy Package of the EU and the Energy Community. The project’s main features include the assistance to AERS (the Serbian energy regulator) for the enhancement of existing and the development of new regulatory mechanisms to enable the Serbian RAE to implement successfully the provision of the 3rd Energy Package and especially the requirements of the Electricity and Gas Directives in its day-to-day activities. The firm has primarily undertaken to assist with upgrading AERS’ regulatory framework for quality of services, establishing criteria for assessing the need for price regulation in certain electricity market segments and offering technical assistance with TSO certification and compliance.