Montenegro ROSC A&A Dissemination Event
The Montenegro Accounting and Auditing Report on the Observance of Standards and Codes (A&A ROSC report), conducted by the World Bank team, was publicly disseminated on May 30, 2025, during the 10th International Symposium of Accountants and Auditors of Montenegro, held in Ulcinj.
IFRS for Regulators – IFRS 17 Implementation Challenges
On June 26, 2024, the 3rd online workshop on IFRS 17 – Insurance Contracts implementation challenges, grouped 27 participants representing insurance regulators in the Western Balkans and the Caucasus to participate in a discussion with the World Bank Centre for Financial Reporting Reform. Two countries from the Caucasus, Georgia and Ukraine, experienced the implementation of IFRS 17 – in 2023. All Western Balkan countries under the program, have delayed the implementation of IFRS 17.