Regulatory Alerts2026-01-01
Decision on Conditions to be Met by an Independent Valuer of Assets and Liabilities of a Credit Institution under Resolution
The Council of the Central Bank of Montenegro issued this Decision to establish the independence requirements for valuers assessing the assets and liabilities of credit institutions under resolution. The regulation mandates that independent valuers must possess specific qualifications and resources, maintain structural separation from relevant public authorities and entities, and avoid any material common or conflicting interests. It further details the assessment of potential conflicts, including restrictions on prior statutory audits and obligations for valuers to implement ethical policies and notify the Central Bank of any interests.
Share