Montenegro (ME)

Jurisdiction Overview

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

Notes

 
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).

Sources

Moneyval 2015: 232
 
Moneyval 2009: 147
 
https://www.korpusprava.com/en/corporate-services/incorporation-and-administration-of-companies/montenegro.html