Regulatory Alerts2019-01-01
Decision on Keeping Separate Records on Foreign Current and Capital Transactions and their Reporting to the Central Bank of Montenegro
The Council of the Central Bank of Montenegro issued this decision to mandate that resident legal persons maintain separate records of all foreign current and capital transactions. It requires these entities to submit specific quarterly, annual, and monthly reports on direct investments, foreign credit operations, and foreign account balances using designated electronic forms. The regulation establishes detailed data entry standards, reporting deadlines, and verification procedures to support the Central Bank's balance of payments statistics and external debt monitoring.
Share