Regulatory Alerts2020-01-01
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Annexes to Decision on Payment Service Reporting
The Central Bank of Montenegro issued this document to define specific terminology and reporting forms for payment service providers and electronic money issuers. Annex 1 establishes precise legal definitions for terms such as ATMs, various card functions, and e-money transactions to ensure standardized regulatory interpretation. Annexes 2 through 4 prescribe mandatory quarterly reporting forms (BKRPUNV, BIPK, and BUPPK) requiring institutions to disclose data on user counts, issued card volumes, and the number of acceptance devices.
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