Regulatory Alerts2021-01-01
Decision on Performing Custody Operations
The Council of the Central Bank of Montenegro issued this Decision to regulate the receipt, safekeeping, and return of deposits in its vaults. It establishes strict procedures for eligible depositors, required documentation, and prohibited items while explicitly limiting the Bank's liability for damage or loss. The regulation also mandates the classification of deposit data as confidential and authorizes the Bank to charge fees for these custody services.
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