| Assignment Name:Economic Reform of the Republic of Montenegro/Corporate Law Advisor |
Country: Montenegro |
| Location within Country:Podgorica |
Professional Staff Provided by your Firm: 2 |
| Name of Client: PriceWaterhouse Coopers/USAID |
No. of Staff: no information |
Address:PriceWaterhouse Coopers
1616 North Fort Myer Drive
Arlington, VA 22209
USA
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No. of Staff Months, Duration of assignment: 3,2 staff-months
Duration: 4 months |
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Start Date:December 2000 |
Completion Date:March 2001 |
Approx. Value of Services:N/A |
Name of Associated Firm(s) if any:PriceWaterhouseCoopers
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No. of Months of Professional Staff Provided by Associated Firm(s): No information |
Name of Senior Staff (Project Director/Coordinator, Team Leader) involved and functions performed:Michael Irvine, Senior Legal Consultant
John McArdle, Senior Legal Consultant
Kinga Korcsmaros, Project Coordinator |
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Narrative Description of Project: |
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The goal of the project was to provide targeted technical assistance and training, and limited commodity support, to promote the accelerated adoption and implementation of key macroeconomic and structural reforms required for economic stabilization and recovery in Montenegro, as well as support for privatization and development of a corresponding secondary market trading capability.
Significant strides were taken by the Montenegrin government to develop a regulatory reform strategy that would promote the development of an investor friendly legal and regulatory framework. Targeted assistance needed to be provided by CAPMEX to ensure that these efforts are translated into concrete and coordinated business regulatory reforms which meet the threshold criteria necessary to satisfy investors (both domestic and foreign), that basic property, contract, corporate governance, and trading rights will be appropriately established and respected, that a market-oriented competition law regime is in place, and that a transparent public procurement system is in operation. |
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Description of Actual Services Provided by your Staff: |
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Corporate Law Advisor
- Perform a concise review of the status of legal/regulatory reforms in the corporate law area
- Follow up with counterpart on status of all recommendations previously made
- Identify any existing impediments to adoption of prior recommendations
- Based on the review of the law and regulations, make follow-up recommendations where additional reforms or revisions to the law and regulations are required
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