Regulatory Alerts2026-01-01
Decision Supplementing Conditions for Independent Valuers of Credit Institutions Under Resolution
The Council of the Central Bank of Montenegro issued this decision to amend the regulatory framework governing independent valuers of credit institutions under resolution. The amendments impose strict eligibility criteria on auditors, including minimum experience, independence requirements, and restrictions on prior audit relationships. Additionally, the decision mandates a formal contract between the Central Bank and the valuer specifying the scope, deadlines, costs, and confidentiality obligations of the valuation.
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