# Montenegro regulatory and financial law updates

> Live situation record from CLSTR: https://clstr.news/situations/montenegro-regulatory-and-financial-law-updates
> Updated: 2026-10-25T00:00:00.000Z. Sources: 18. Developments: 2.

Montenegro has implemented new regulatory measures targeting digital privacy and financial transparency. The Agency for Electronic Communications and Postal Services (EKIP) established fines between 200 and 20,000 euros for companies and mobile operators sending unsolicited advertising via SMS or Viber without explicit consent. To manage these communications, citizens may use the ‘Ne zovi me’ (Do Not Call) electronic register.

In a separate regulatory move, the government proposed amendments to the Law on Current and Capital Transactions to strengthen controls on cross-border transfers. These changes aim to prevent money laundering and terrorism financing by aligning national legislation with EU Regulation 2018/1672. 

The draft law requires both residents and non-residents to declare cash being carried when entering or exiting the country. The proposal expands reporting obligations to include funds sent via postal or cargo shipments, requiring senders or recipients to report such transfers to customs authorities within 30 days of a request. The Central Bank of Montenegro will be responsible for prescribing specific cash limits. Proposed penalties for non-compliance include fines of up to 40,000 euros for legal entities and 8,000 euros for individuals.

## Claims

- The Montenegrin government proposed amendments to the Law on Current and Capital Transactions with Foreign Countries. (corroborated by 3 sources)
- Legal entities face potential fines of up to 40,000 euros for non-declaration of funds. (corroborated by 3 sources)
- Citizens face potential fines of up to 8,000 euros for non-declaration of funds. (corroborated by 3 sources)
- The reporting obligation will include funds sent via postal and cargo shipments. (corroborated by 3 sources)
- The amendments aim to align national legislation with EU Regulation 2018/1672. (corroborated by 3 sources)
- The goal of the changes is to prevent money laundering and terrorism financing. (corroborated by 3 sources)
- Shipment-related declarations must be submitted within 30 days of a request from the customs authority. (corroborated by 3 sources)
- Declarations must be submitted in written or electronic form to the customs administration. (corroborated by 3 sources)

## Timeline

### 2026-10-25: Montenegro proposes new border cash reporting rules and fines

Montenegro is proposing new laws to expand cash reporting requirements at borders to include postal and cargo shipments, with fines up to 40,000 euros for companies.

18 sources. https://clstr.news/cluster/montenegro-proposes-fines-for-undeclared-cross-border-cash

### 2026-10-09: Montenegro imposes fines for unsolicited SMS and Viber advertising

Companies in Montenegro face fines up to 20,000 euros for sending unsolicited SMS or Viber advertisements without explicit user consent.

3 sources. https://clstr.news/cluster/montenegro-imposes-fines-for-unsolicited-sms-and-viber-advertising

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Cite as: Montenegro regulatory and financial law updates. CLSTR, https://clstr.news/situations/montenegro-regulatory-and-financial-law-updates