A representative of UBCG participated in the workshop Mitigation of risks from complex sanctions in Montenegro. Sanctions and their application in Montenegro. Executive Order 14114 and what sanctions risks Montenegrin industry should take into account. Investigation of conflicts with local/regional regulations. Avoiding sanctions through ownership and control. International sanctions regimes: Understanding the framework, differences between OFAC and the EU, and the risks of non-compliance. Purpose and objectives of sanctions and trade controls, their importance for the financial sector. The legal and regulatory framework governing sanctions and trade controls: the regulatory environment in the EU, US, UK and other relevant jurisdictions. […]

The representative of UBCG was present at the third international conference “Montenegro Financial Markets”, organized by the Capital Market Commission in cooperation with the Ministry of Finance and the Central Bank of Montenegro. The meeting lasts from 16 to 17. September, and gathered representatives of state institutions, the financial sector and international partners. Minister of Finance Novica Vuković, Governor of CBCG Irena Radović and President of the Capital Market Commission Željko Drinčić spoke at the opening. As part of the first day’s program, the presentation “Focus on Capital Markets Development: Lessons from Croatia” was held. Vuković pointed out that in […]