Regulatory Alerts2026-01-01
Decision on the Content and Manner of Keeping a Registry of Credit Institutions
The Council of the Central Bank of Montenegro issued this decision to prescribe the content, maintenance, and data management procedures for the official registry of credit institutions, their branches, and representative offices operating in Montenegro. The regulation mandates detailed electronic record-keeping, specifying exact data fields for licensed entities and foreign operations while requiring entities to notify the central bank of any changes within five days and the bank to update records within three days. It further establishes protocols for deleting registry entries upon license revocation or liquidation, guarantees public access to updated data via the central bank’s website, and formally repeals the prior 2008 decision on banking registers.