Regulatory Alerts2026-01-01
Guidelines on Implementation of International Restrictive Measures by Credit and Financial Institutions and Supervision of the Implementation of these Measures
The Council of the Central Bank of Montenegro issued these Guidelines to regulate how credit and financial institutions implement international restrictive measures and to define the supervisory framework. The document mandates that institutions establish internal procedures for monitoring government decisions, freezing assets upon positive matches with sanctioned lists, and reporting to relevant authorities. The Central Bank of Montenegro retains the authority to conduct on-site and off-site examinations to ensure compliance and impose supervisory measures against irregularities.
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