Montenegro (ME)

Jurisdiction Overview

172 *Are bearer shares available? No, bearer shares are not available/not circulating.
 Data Date: 2015


Moneyval reports: "Article 5 of the Securities Law provides that the shares of joint stock companies must be registered at the Central Depository Agency and that rights and obligations related to such securities start upon registration at the CDA" (Moneyval 2015: 232).


Moneyval 2015: 232
Moneyval 2009: 147