2026-01-01
The Council of the Central Bank of Montenegro issued this Decision to establish detailed criteria and methods for assessing the resolvability of credit institutions and groups. It mandates a four-stage assessment process evaluating the feasibility and credibility of bankruptcy proceedings and selected resolution strategies, including single or multiple point of entry approaches. The framework requires identifying impediments across structure, financial resources, information, cross-border, and legal dimensions to ensure critical functions continue and financial stability is maintained.