Regulatory Alerts2019-01-01
Decision on Keeping Separate Records and Reporting Foreign Current and Capital Transactions to the Central Bank of Montenegro
The Central Bank of Montenegro mandates resident legal persons to maintain separate records and submit detailed data on foreign current and capital transactions. The regulation specifies required disclosures for trade, services, direct investments, foreign credits, and foreign accounts using standardized reporting forms. Residents must electronically submit these quarterly and monthly reports via the Central Bank’s internet portal within established deadlines, effectively replacing prior reporting rules.
Share