Regulatory Alerts2021-01-01
Decision on Performing Custody Operations
The Council of the Central Bank of Montenegro issued this Decision to regulate the performance of custody operations involving the receipt, safekeeping, and return of deposits in its vaults. The document specifies permissible items for safe deposit boxes, outlines the procedural requirements for deposit and withdrawal requests, and mandates the use of standardized forms for recording transactions. It further establishes confidentiality standards for depositor data and authorizes the Central Bank to charge fees for these services.
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