Regulatory Alerts2026-01-01
Decision on Supervision over Implementation of Law on Conversion of CHF Loans to EUR
The Council of the Central Bank of Montenegro issued this Decision to govern the supervision of banks converting Swiss Franc-denominated loans into Euros. The Central Bank is mandated to analyze documentation, conduct on-site reviews, and verify compliance with specific conversion rates, interest caps, and reporting obligations. Additionally, the Decision requires the Central Bank to submit detailed reports to the Parliament of Montenegro regarding implementation effects and any measures taken against non-compliant institutions.
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