Regulatory Alerts2020-01-01
Rules Amending Operating Rules of the Central Bank of Montenegro Payment System
The Council of the Central Bank of Montenegro issued rules amending the Operating Rules of its Payment System to update terminology, contact details, and technical standards. The amendments introduce ISO 20022 MX message formats, establish gridlock resolution procedures, and define clearing limits for the DNS system. Additionally, the rules mandate regular Business Continuity Plan testing and specify the annexes governing system operations.
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