RegAlert2024-03-25
Added · Updated
Decision on Raising the Countercyclical Capital Buffer Rate
The Council of the Central Bank of Montenegro issued a decision raising the countercyclical capital buffer rate for the territory of Montenegro by 0.50 percentage points to 0.5% of total risk exposure. This regulatory change applies to credit institutions starting from 1 April 2025, requiring them to report their calculated buffers in accordance with existing reporting deadlines. The decision entered into force upon its publication in the Official Gazette of Montenegro on 25 March 2024.
CBCG published 8 documents in the last 30 days — get each new one by email the day it lands.
Pursuant to Article 44 paragraph 2 point 3 of the Central Bank of Montenegro Law (OGM 40/10, 06/13 and 70/17) and Article 141 of the Law on Credit Institutions (OGM 72/19 and 8/21), at its meeting held on 25 March 2024, the Council of the Central Bank of Montenegro passed the following DECISION ON RAISING THE COUNTERCYCLICAL CAPITAL BUFFER RATE Countercyclical Capital Buffer Rate
Article 1
The Countercyclical capital buffer rate for the territory of Montenegro is hereby raised by 0.50 percentage points and it shall amount to 0.5% of the total risk exposure. Date of Application
Article 2
The countercyclical capital buffer rate specified under Article 1 herein shall apply as of 1 April 2025. Reporting to the Central Bank of Montenegro
Article 3
Credit institutions shall report to the Central Bank of Montenegro on their countercyclical capital buffers calculated by applying the rate specified in Article 1 herein in the manner and within the deadlines specified under the Decision on Reporting to the Central Bank of Montenegro (OGM 128/20). Entry into Force
Article 4
This decision shall enter into force on the day of its publication in the Official Gazette of Montenegro and it shall apply as of 1 April 2025. THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO Dec. no. 0101-2538-4/2024 CHAIRMAN Podgorica, 25 March 2024 GOVERNOR, Irena Radović m.p.
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
Similar documents from other regulators
NBSDecision on Countercyclical Capital Buffer Rate for the Republic of SerbiaSerbia · 2025-12-15
BSIDecision on Setting the Countercyclical Capital Buffer Rate for the Republic of SloveniaSlovenia · 2022-12-16
NBSDecision No 3/2018 on the setting of the countercyclical capital buffer rateSlovakia · 2018-04-24
NBRMDecision on the Methodology for Determining the Rate of the Countercyclical Capital Buffer for Exposures in the Republic of North MacedoniaNorth Macedonia · 2023-01-27
CNBOfficial Announcement of the Czech National Bank of 5 March 2026 on the Assessment of the Countercyclical Capital Buffer Rate for the Czech Republic – March 2026Czech Republic · 2026-03-05
NBB2024 Q2 Quarterly decision on the countercyclical buffer rate: 1.0%Belgium · 2024-03-28
BAFINGeneral Administrative Act on the Domestic Countercyclical Capital Buffer Rate Under Section 10d of the KWGGermany · 2022-02-16
BDPNotice No. 7/2024Portugal · 2024-12-31
CBADecision on Approving the Size of the Countercyclical Capital Buffer for the First Quarter of 2026Armenia · 2026-04-29
CSSFCSSF Regulation No 21-01 of 31 March 2021 on the Setting of the Countercyclical Buffer Rate for the Second Quarter of 2021Luxembourg · 2021-04-06
Source: Central Bank of Montenegro — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
More like this from CBCG
CBCG published 8 documents in the last 30 days. We email you each new one the day it's published.