The Council of Europe’s Action against Economic Crime in Montenegro organized two workshops between the 12th and 15th of September 2018 for 40 representatives of supervisory authorities from the public and private sectors, including non-financial entities. Both workshops were aimed at facilitating the implementation of the newly adopted Law on Prevention of Money Laundering and Terrorist Financing by strengthening the capacities of supervisory authorities to conduct compliance controls of reporting entities. Guidelines for the risk-based supervision and sectors were presented and discussed. These guidelines will serve as the basis for the further development of specialized guidelines within specific sectors for each group of reporting entities (e.g. money remittances, casinos, lawyers, notaries).