Regulatory Alerts2026-01-01
Decision Amending Documentation Requirements for Credit Institution Authorisations
The Council of the Central Bank of Montenegro amends the documentation requirements for credit institution authorisation applications to align with updated capital adequacy regulations. The revised rules mandate specific auditor confirmations and standardized templates for including current-year profits in Common Equity Tier 1 capital while updating cross-references to the Decision on Capital Adequacy. Credit institutions must now submit detailed impact assessments, stress testing results, and structural information when applying for authorisation to reduce or replace own funds instruments.
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