Regulatory Alerts2026-01-01
Decision amending the Decision on Recovery Plans of Credit Institutions
The Council of the Central Bank of Montenegro amended the Decision on Recovery Plans of Credit Institutions to update definitions and regulatory requirements for credit institutions. The revision introduces precise definitions for critical functions, core business lines, and significant credit institutions while mandating specific capital, liquidity, profitability, and asset quality indicators for recovery planning. It further establishes detailed monitoring protocols, including internal escalation procedures and reporting obligations to the Central Bank when indicator thresholds are reached.
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