Regulatory Alerts2021-01-01
Decision amending the Decision on Large Exposures of the Development Bank of Montenegro
The Council of the Central Bank of Montenegro issued this decision to amend the regulatory framework governing large exposures for the Development Bank of Montenegro. The amendments specify that certain short-term foreign exchange and securities settlement exposures, along with specific capital deductions, are excluded from large exposure calculations. Additionally, the decision updates statutory references and removes specific phrasing from Article 9 to align with current legal definitions.
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