Feb
22
2024Introducing the Report on Enhancing Reporting on Ultimate Beneficial Ownership (UBO) in Montenegro
USAID and U.S. Embassy Podgorica presented us and members from banking industry with Report on Improving Reporting of Ultimate Beneficial Ownership (UBO) in Montenegro.
AML officers addressed challenges in updating UBO data, offering insights for improvement. Establishing a reliable UBO Register aligns with international standards, combating money laundering and terrorism financing.