Regulatory Alerts2020-01-01
Decision on the Manner of Keeping the Registry of Payment Institutions and the Registry of Electronic Money Institutions
The Council of the Central Bank of Montenegro issued this Decision to prescribe the maintenance and publication of the official registries for payment institutions, electronic money institutions, and related service providers. It mandates the Central Bank to maintain these electronic registries by recording specific entity details, authorizations, and management data while requiring institutions to promptly notify the Bank of any changes. Furthermore, the Decision outlines the data to be published on the Central Bank's website and establishes procedures for providing information to the European Banking Authority and handling historical data requests.
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