Regulatory Alerts2026-01-01
Corrigendum to the Decision on More Detailed Regulation of Contractual Recognition of Write-Down and Conversion Powers in Relation to Credit Institution’s Liabilities Governed by a Third Country Law
The Central Bank of Montenegro issued a corrigendum to correct an error in the Decision on More Detailed Regulation of Contractual Recognition of Write-Down and Conversion Powers in Relation to Credit Institution’s Liabilities Governed by a Third Country Law. The amendment specifically modifies Article 5 of the original decision to ensure accurate legal referencing. It replaces the term "Law on Credit Institutions" with "Law on Resolution of Credit Institutions" to align with the correct statutory framework.
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