Regulatory Alerts2026-01-01
Decision Amending the Decision on More Detailed Manner of Calculation of Ex-Ante Contributions Paid by Credit Institutions to the Resolution Fund
The Council of the Central Bank of Montenegro issued this decision to update the regulatory framework for calculating ex-ante contributions by credit institutions to the Resolution Fund. The amendments primarily align the referenced provisions with the newly adopted Decision on Capital Adequacy of Credit Institutions by replacing obsolete article citations with current ones. Additionally, the text incorporates minor terminological adjustments and updates specific article references within the calculation annexes to ensure consistency with the Law on Resolution of Credit Institutions.
Pursuant to Article 44 paragraph 2 item 3 of the Central Bank of Montenegro Law (OGM, 40/10, 06/13, 70/17, 125/23) and in connection with Article 149 paragraph (8) of the Law on Resolution of Credit Institutions (OGM, 72/19, 8/21, 113/24), the Council of the Central Bank of Montenegro, at its meeting held on 5 February 2026, passed the following DECISION AMENDING THE DECISION ON MORE DETAILED MANNER OF CALCULATION OF EX-ANTE CONTRIBUTIONS PAID BY CREDIT INSTITUTIONS TO THE RESOLUTION FUND Article 1 In the Decision on More Detailed Manner of Calculation of Ex-Ante Contributions Paid by Credit Institutions to the Resolution Fund (OGM, 127/20, 45/21, 113/24) in Article 2 in item 7), the words: “Article 128 paragraph (5) of the Decision on Capital Adequacy of Credit Institutions (OGM, 128/20, 140/21, 144/22 and 52/24)” shall be replaced by the following: “Article 148 paragraph (8) of the Decision on Capital Adequacy of Credit Institutions (OGM, 65/25)”. Article 2 In Article 4 paragraph (3), the words: “Article 128 paragraph (5)” shall be replaced by the following: “Article 148 paragraph (8)”. Article 3 In Article 5 paragraph (1) item 2), indent 2 the Montenegrin words translated as: “liquidity coverage ratio (LCR)” shall be replaced by other Montenegrin words, with no relevance to the English translation. Article 4 In Article 5a paragraphs (1) and (4), the words: “Article 128 paragraph (5)” shall be replaced by the following: “Article 148 paragraph (8)”. In paragraph (5) item 1), the words: “item 41)” shall be replaced by the following: “item 54)” In paragraph (8), the words: “Article 128 paragraph (5)” shall be replaced by the following: “Article 148 paragraph (8)”, and the words: “Article 298” shall be replaced with the following: “Article 347”.
Article 5 In Article 5d, in the introductory sentence, the words: “Article 329” shall be replaced by the following: “Article 380”, and the words: “Article 333” shall be replaced with the following: “Article 384”. Article 6 In Article 7, the Montenegrin the words translated as: “liquidity coverage” shall be replaced by other Montenegrin words, with no relevance to the English translation. Article 7 In Annex 1, in table “STEP 1” in the column “Indicator” in the sixth row, the Montenegrin words translated as: “Liquidity Coverage Ratio (LCR)” shall be replaced by other Montenegrin words, with no relevance to the English translation. In the column “Measures”, in the first row, the words: “Article 64” shall be replaced by the following: “Article 70”, and the words: “referred to in Article 94 paragraphs (1) and (2) of the Law on Resolution of Credit Institutions” shall be replaced by the following: “as set out in the regulation governing minimum requirement for own funds and eligible liabilities”. In the second row, the words: “Article 496” shall be replaced by the following: “Article 563”. In the third row, the words: “Article 101” shall be replaced by the following: “Article 114”. In the fourth row, the words: “Article 101” shall be replaced by the following: “Article 114”. In the sixth row, the Montenegrin words translated as: “Liquidity Coverage Ratio (LCR)” shall be replaced by other Montenegrin words, with no relevance to the English translation. In the table “STEP 4” in the column “Indicator”, in the sixth row, the Montenegrin words translated as: “Liquidity Coverage Ratio (LCR)” shall be replaced by other Montenegrin words, with no relevance to the English translation. Article 8 In Annex 2, in item 11), the Montenegrin words translated as: “Liquidity Coverage Ratio (LCR)” shall be replaced by other Montenegrin words, with no relevance to the English translation. Article 9 This Decision shall enter into force on the eighth day following that of its publication in the Official Gazette of Montenegro.
THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO
CHAIRPERSON Decision number: 0101-1167-4/2026 GOVERNOR Podgorica, 05 February 2026 Irena Radović, m.p.