Regulatory Alerts2026-01-01
Corrigendum to the Decision on Conditions to be Met by an Independent Valuer of Assets and Liabilities of a Credit Institution under Resolution
The Central Bank of Montenegro issued a corrigendum to correct an error in the Decision on Conditions to be Met by an Independent Valuer of Assets and Liabilities of a Credit Institution under Resolution. The amendment specifically modifies Article 7 of the original decision published in the Official Gazette of Montenegro. It replaces the reference to the "Law on Credit Institutions" with the correct legal basis, the "Law on Resolution of Credit Institutions."
Upon a comparison with the original text, it was established that an error found its way into the text of the Decision on Conditions to be met by an Independent Valuer of Assets and Liabilities of a Credit Institution under Resolution (OGM 122/2020 of 17 December 2020) resulting in the following CORRIGENDUM to the Decision on conditions to be met by an independent valuer of assets and liabilities of a credit institution under resolution In Article 7 of the Decision on conditions to be met by an independent valuer of assets and liabilities of a credit Institution under resolution, the words “Law on Credit Institutions” shall be replaced by “Law on Resolution of Credit Institutions”. Central Bank of Montenegro