RegAlert

Rule · CBCG

Corrigendum to the Decision on the Methodology for Valuation of Assets of the Credit Institution under Resolution Proceedings

capital

The Central Bank of Montenegro issued a corrigendum to correct an error in the Decision on the methodology for valuation of assets of credit institutions under resolution proceedings. The amendment specifically replaces the reference to the "Law on Credit Institutions" with the "Law on Resolution of Credit Institutions" in Article 8 of the original decision. This change ensures the legal citation accurately reflects the applicable statutory framework for resolution mechanisms.

MontenegroCentral Bank of Montenegro

Upon a comparison with the original text, it was established that an error found its way into the text of the Decision on the methodology for valuation of assets of the credit institution under resolution after carrying out the transfer of a part of the rights, assets and liabilities or after applying the bail-in tool (Official Gazette of Montenegro, 122/2020 as of 17 December 2020), resulting in the following CORRIGENDUM to the Decision on the methodology for valuation of assets of the credit institution under resolution proceedings after carrying out the transfer of a part of the rights, assets and liabilities or after applying the bail-in tool In Article 8 of the Decision on the methodology for valuation of assets of the credit institution under resolution after carrying out the transfer of a part of the rights, assets and liabilities or after applying the bail-in tool, the wording: "Law on Credit Institutions", should be replaced by the wording “Law on Resolution of Credit Institutions”. Central Bank of Montenegro

Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.

Lineage: No known changes

RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

Decision dated 2020-12-17Not in RegAlertDecision dated 2020-12-17 — Not in RegAlertCorrigendum to the Decision onthe Methodology for Valuation…this documentCorrigendum to the Decision on the Methodology for Valuation of Assets of the Credit Institution under Resolution Proceedings
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Amends
  • Decision dated 2020-12-17Not in RegAlert

    “resulting in the following CORRIGENDUM to the Decision on the methodology for valuation of assets of the credit institution under resolution proceedings after carrying out the transfer of a part of the rights, assets and liabilities or aft…”

Similar documents from other regulators

More like this from CBCG

CBCG published 4 documents in the last 30 days. We email you each new one the day it's published.

Source: Central Bank of Montenegro — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

In RegAlert: added · updated