Regulatory Alerts2026-01-01
Decision Amending the Decision on Detailed Content of Resolution Plans for Credit Institutions and Group Resolution Plans
The Council of the Central Bank of Montenegro has amended the regulatory framework for credit institution resolution plans to introduce a mandatory Manual for Bail-In Tool Execution. This new requirement obliges credit institutions to develop, approve, and annually update the Manual in accordance with specific guidance on governance, data identification, and operational procedures. Institutions must also conduct regular simulations of the bail-in tool and submit the resulting reports to the Central Bank to ensure readiness for resolution scenarios.
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