Regulatory Alerts2021-01-01
Decision on the Content and Manner of Keeping a Registry of Financial Services Providers
The Council of the Central Bank of Montenegro issued this Decision to prescribe the content and maintenance procedures for the Registry of licensed financial services providers. The regulation mandates that the electronic registry contain specific details regarding providers, their organizational units, subsidiaries, and board members, while requiring providers to notify the Central Bank of any data changes within five days. Furthermore, the Decision outlines the Central Bank's obligation to publish updated data on its website and issue historical excerpts upon request, with the rules becoming effective on January 1, 2022.
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