Regulatory Alerts2026-01-01
Decision on Conditions to be Met by an Independent Valuer of Assets and Liabilities of a Credit Institution under Resolution
The Council of the Central Bank of Montenegro issued this Decision to establish the eligibility criteria and selection procedures for independent valuers assessing credit institutions under resolution. The regulations mandate that valuers must be structurally separated from relevant authorities, possess specific auditing experience, and maintain strict independence by avoiding material conflicts of interest or prior audit relationships with the entity. Furthermore, the Central Bank is required to formalize the engagement through a contract specifying the valuation scope, deadlines, costs, and confidentiality obligations.
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