NEWS

JPM Partners Successfully Advises MFI Flex Credit on obtaining Microcredit Financial Institution License in Montenegro

JPM Partners has successfully advised MFI Flex Credit in the process of obtaining a license to operate as a microcredit financial institution, issued by the Central Bank of Montenegro.

The license enables MFI Flex Credit to engage in microcredit activities under the Montenegrin Law on Financial Leasing, Factoring, Purchase of Receivables, Microcrediting, and Credit-Guarantee Operations.

The regulatory approval process included the preparation of extensive documentation and coordination with the relevant regulatory authority. JPM Partners provided comprehensive legal support throughout all phases of the licensing procedure.

MFI Flex Credit is part of MV Finance Group, which operates with more than 380 offices in 7 countries.

The team was led by Partner Alma Đinđinović Karađuzović and Associate Dajana Drljević  from JPM Podgorica office, who advised the client on all legal aspects of the transaction.

This engagement further demonstrates JPM Partners’ expertise in financial regulatory matters and its strong track record in supporting clients across the financial services sector in Montenegro.

author avatar
JPM Law Office

Share this post to

Twitter
LinkedIn
Scroll to Top

Privacy Policy

Law firm Janković, Popović & Mitić Beograd takes care of your privacy. As a controller and in accordance with the Law on Personal Data Protection and other applicable personal data protection regulations, we are obliged to provide you with information related to processing of your personal data.

We use cookies to help improve your experience of our website by measuring how it’s used.

Read our Privacy & Cookie policy for more information.

This Privacy Notice describes which personal data we collect from you and in which manner, how we use and share your personal data. It contains information on purposes and legal grounds for processing, on the time period in which we store your personal data, the manner we protect this data as well as on your rights.