Regulatory Alerts2024-01-01
Decision Amending the Handling of Suspect Euro Banknotes and Coins Against Counterfeiting
The Council of the Central Bank of Montenegro has issued this decision to update the regulatory framework for handling suspect euro banknotes and coins. It replaces "banks" with "credit institutions," redefines financial entities, and explicitly assigns technical analysis, data management, and training responsibilities to the National Counterfeit, Analysis, and Coin National Analysis Centres. The amended decision mandates enhanced cooperation between these national centres and European bodies like the ECB and DG ECFIN, while requiring cash handlers to undergo authenticity-checking training.
Share