Regulatory Alerts2026-01-01
Decision on Recovery Plans of Credit Institutions
The Central Bank of Montenegro issued this Decision to detail the requirements for credit institutions to draw up, submit, and maintain recovery plans. It mandates specific plan structures, including governance frameworks and strategic analyses, while defining critical terms such as severe financial distress and material changes. The regulation further establishes mandatory categories for recovery plan indicators, covering capital, liquidity, profitability, and asset quality, to ensure timely intervention during financial deterioration.
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