Regulatory Alerts2026-01-01
Decision on Credit Registry
The Council of the Central Bank of Montenegro issued this Decision to regulate the maintenance and use of the Credit Registry, a centralized electronic database of debts managed by the Central Bank. It mandates that licensed financial institutions and other supervised entities submit detailed data on debtor indebtedness, contingent liabilities, and collateral using specific forms and strict deadlines. The regulation defines access rights for reporting entities and debtors, establishes security and confidentiality conditions, and imposes fines for non-compliance or inaccurate reporting.
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