Financial Crime World

Montenegro’s Anti-Corruption Efforts Falter Amid Political Instability

Stalled Progress

Despite making some progress in recent years, Montenegro’s anti-corruption efforts have stalled due to political instability and a lack of effective governance.

Understaffed Agency for Prevention of Corruption

  • The Agency for Prevention of Corruption remains understaffed and has failed to produce meaningful results in combating corruption.
  • A review of the country’s legal framework governing corruption prevention is needed, but ongoing political instability has halted any attempts at reform.

Criticisms of the Parliamentary System

  • The parliamentary system has been criticized for its lack of transparency and accountability.
  • While the Parliament has improved its transparency, the ruling majority frequently bypasses public consultation and uses fast-track procedures to pass legislation.

Challenges in Fighting Organized Crime

  • Montenegro’s international cooperation in the fight against organized crime has also been hindered by political instability.
  • The country lacks an overarching legal framework, competent staff, and adequate equipment to deter cyber-attacks.
  • Its capacity to tackle cybercrime is still developing.

Economic and Financial Stability

  • Montenegro meets the minimum requirements for fiscal transparency, but the application of anti-money laundering laws remains weak due to corruption and a lack of political will.
  • The country’s economy is also challenged by high public debt and unemployment rates.

Concerns in Civil Society and Social Protection

  • While Montenegro has made progress in protecting victims of trafficking, it still lacks an effective witness protection program and guaranteed access to justice for victims of trafficking.

Conclusion

Montenegro’s anti-corruption efforts have stalled due to political instability, and the country needs to address these challenges to make meaningful progress in combating corruption and improving its overall governance.