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Because over-the-counter market-making services are currently not within regulatory framework of the Securities Commission of the Republic of Montenegro (SCMN), Agea Jinrong DOO is working continuously with legal and compliance experts based in the EU to make sure its services are fully compliant with the Markets in Financial Instruments Directive (MiFID), which is a EU law that provides harmonized regulation for financial services across the EU member states.
MiFID provides a harmonized regulatory regime for investment services within the European Economic Area. Furthermore, Montenegro is currently an official candidate for membership in the EU and formal adoption of the Directive is expected to take place within a year.
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