Regulatory Alerts2026-01-01
Decision on Detailed Content of Resolution Plans for Credit Institutions and Group Resolution Plans
The Council of the Central Bank of Montenegro issued this Decision to specify the detailed content requirements for resolution plans of credit institutions and groups headquartered in Montenegro. The regulation mandates that these plans include comprehensive descriptions of resolution strategies, critical functions, financing arrangements, stakeholder communication protocols, and resolvability assessments. Additionally, credit institutions are required to develop, test, and annually update a Manual for Bail-In Tool Execution in accordance with specific governance and operational guidance.
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