Regulatory Alerts2026-01-01
Decision on the Criteria for Identifying Critical Functions and Core Business Lines of a Credit Institution
The Council of the Central Bank of Montenegro issued this Decision to establish specific criteria for credit institutions to identify critical functions and core business lines for recovery and resolution planning. The regulation defines critical functions based on their systemic impact and substitutability, while core business lines are identified using financial performance, strategic objectives, and market indicators. Credit institutions are required to submit this identified data to the Central Bank using provided templates by May 15 of each year.
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