Cooperation on anti-money laundering agreed

18/09/2018

The Governor of the Central Bank of Montenegro, Mr Radoje Žugić, met today with the Ambassador of Great Britain to Montenegro, Ms Alison Kemp. Mr John Howell and Ms Sarah McAveety, members of an expert team in Montenegro on providing support in the fight against organized crime were also present at the meeting.

The expert team will conduct an analysis aimed at gaining insight into the current state of the fight against organized crime, based on which recommendations for future project initiatives in the fight against this phenomenon will be provided for both Great Britain and the countries covered by the analysis. To that effect, support to the Central Bank on the strengthening of supervisory capacities and the improvement of anti-money laundering and terrorist financing mechanisms was agreed.  

"CBCG is fully committed to activities in the area of anti-money laundering and terrorist financing, therefore each recommendation to improve these processes is very useful," Governor Žugić said, showing appreciation to Ambassador Kemp for her support.