Regulatory Alerts2020-01-01
Decision on the Central Registry of Transaction Accounts and Deposits and Safe Deposit Boxes
The Montenegrin authorities issued this Decision to regulate the Central Registry of Transaction Accounts and Deposits and Safe Deposit Boxes as a uniform information database for credit institutions. It mandates the submission of specific data regarding transaction accounts, demand and term deposits, and leased safe deposit boxes, including detailed identification, registration, and status information for both resident and non-resident entities. The regulation defines the precise content, format, and submission procedures for this data to ensure standardized recording and access within the national financial system.
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