Regulatory Alerts2020-01-01
Decision on Payment System Reporting to the Central Bank of Montenegro
The Council of the Central Bank of Montenegro issued this Decision to mandate quarterly reporting from domestic payment service providers and electronic money issuers. The regulation requires these entities to submit specific data templates covering transaction volumes, card usage, and account statistics via electronic submission within fifteen days of each quarter. These reports enable the Central Bank to monitor the national payment system and the utilization of payment instruments across Montenegro.
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