MONEYVAL finds that Montenegro has significantly strengthened its measures to combat money laundering and terrorist financing following substantial reforms

MONEYVAL concludes that Montenegro has made strong progress in upgrading its AML/CFT framework, including improvements to legislation, institutional coordination and the effectiveness of targeted financial sanctions. As a result of these advances, MONEYVAL recognises that the country has addressed many previously identified deficiencies, while encouraging continued efforts to ensure reforms are fully implemented and sustained in practice.