Regulatory Alerts2026-01-01
Decision amending the Decision on Supervision over Implementation of the Law on Conversion of CHF-Denominated Loans to EUR-Denominated Loans
The Council of the Central Bank of Montenegro issued this decision to amend supervisory regulations regarding the conversion of Swiss Franc-denominated loans into Euros. The amendments expand the scope of supervision to include third parties receiving ceded receivables and introduce specific articles detailing compliance requirements for loan recalculation, debt recovery, and repayment agreement harmonization. Additionally, the Central Bank is mandated to submit a comprehensive report to the Parliament of Montenegro within 60 days outlining the implementation status, measures taken, and effects on stakeholders.
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