Corrigendum to the Decision on More Detailed Regulation of Contractual Recognition of Write-Down and Conversion Powers in Relation to Credit Institution’s Liabilities Governed by a Third Country Law

The Central Bank of Montenegro issued a corrigendum to correct an error in the Decision on More Detailed Regulation of Contractual Recognition of Write-Down and Conversion Powers in Relation to Credit Institution’s Liabilities Governed by a Third Country Law. The amendment specifically modifies Article 5 of the original decision to ensure accurate legal referencing. It replaces the term "Law on Credit Institutions" with "Law on Resolution of Credit Institutions" to align with the correct statutory framework.

Montenegro

Central Bank of Montenegro