Regulation on the List of Indicators for Identifying Suspicious Clients and Transactions

The Ministry of Internal Affairs has issued the Regulation on the List of Indicators for Identifying Suspicious Clients and Transactions.

This regulation establishes the list of indicators for identifying suspicious clients and transactions.

The list of indicators for identifying suspicious clients and transactions includes:

• A list of general indicators,
• A list of indicators for credit institutions,
• A list of indicators for payment institutions,
• A list of indicators for the capital market,
• A list of indicators for life insurance companies, intermediaries, and agents in life insurance,
• A list of indicators for leasing companies,
• A list of indicators for real estate brokers and agents,
• A list of indicators for accountants,
• A list of indicators for auditors,
• A list of indicators for tax consultants,
• A list of indicators for notaries,
• A list of indicators for lawyers,
• A list of indicators for dealers in precious metals and gemstones,
• A list of indicators for motor vehicle dealers,
• A list of indicators for entities in real estate and construction,
• A list of indicators for gambling operators,
• A list of indicators for Montenegro Post,
• A list of indicators for concealing the true owner,
• A list of indicators for identifying suspicious transactions and clients through computer technology – cybercrime,
• A list of indicators for financing terrorism.

Upon the entry into force of this regulation, the Regulation on the List of Indicators for Identifying Suspicious Clients and Transactions (“Official Gazette of Montenegro”, No. 141/21) ceases to be valid.

This Regulation was published in the “Official Gazette of Montenegro” No. 29/2024 on April 1, 2024, and enters into force on the eighth day from the date of publication.