Regulatory Alerts2026-01-01
Decision on Documentation Supporting the Application for Granting the Authorisations under the Law on Credit Institutions
The Central Bank of Montenegro issued this Decision to prescribe the specific documentation required for credit institutions to obtain authorisations under the Law on Credit Institutions. The regulation mandates detailed submissions for various activities, including the provision of new financial services, establishing dependent legal persons abroad, and managing capital instruments such as equity distributions and reductions. Furthermore, it outlines strict evidentiary requirements for credit institutions seeking authorization to use internal approaches for calculating capital requirements.
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