Regulatory Alerts2024-01-01
Decision on Handling Suspect Euro Banknotes and Coins to Protect Against Counterfeiting
The Council of the Central Bank of Montenegro issued this Decision to standardize the handling, seizure, and technical analysis of suspect Euro banknotes and coins. It requires cash handlers to temporarily withdraw suspected currency, issue standardized receipts, and submit samples to designated National Centres for verification and quality classification. The framework establishes operational protocols for these centres, mandates employee training, and formalizes cooperation with domestic authorities and European institutions to safeguard the currency against counterfeiting.
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