Regulatory Alerts2020-01-01
Decision on the Manner of Keeping the Registry of Payment Institutions and the Registry of Electronic Money Institutions
The Central Bank of Montenegro issued this Decision to prescribe the specific procedures for maintaining and publishing the official registries of payment institutions and electronic money institutions. The regulation mandates the electronic maintenance of these registries, detailing the mandatory data fields for institutions, branches, agents, and service providers, while requiring entities to promptly notify the Central Bank of any data changes. Furthermore, the Central Bank is obligated to publish key registry information on its website and provide historical extracts to stakeholders upon request.
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