Regulatory Alerts2021-01-01
Decision on Reporting of the Development Bank of Montenegro to the Central Bank of Montenegro
The Council of the Central Bank of Montenegro issued a decision mandating the Development Bank of Montenegro to submit detailed monthly and quarterly financial reports. The regulation specifies exact reporting templates, formats, and strict deadlines, requiring monthly submissions within ten days and quarterly submissions within twenty days of the reporting period. Additionally, the decision outlines initial submission requirements using specific balance dates in early 2026 and mandates electronic reporting with hard copies available upon request.
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