Regulatory Alerts2026-01-01
Decision Amending the Reorganisation Plan and Reporting Requirements for Credit Institutions Under Resolution
The Council of the Central Bank of Montenegro amends the regulatory framework governing reorganisation plans for credit institutions under resolution by updating the referenced legal provisions. Specifically, it replaces the citation of "Article 29" with "Articles 29 to 32" in the existing decision, thereby expanding the statutory requirements for plan content and implementation reporting. This amendment enters into force on the eighth day following its publication in the Official Gazette of Montenegro.
Pursuant to Article 44 paragraph (2) item 3) of the Central Bank of Montenegro Law (OGM 40/10, 6/13, 70/17, 125/23) and Article 105 paragraph (5) of the Law on Resolution of Credit Institutions (OGM 72/19, 8/21, 113/24), the Council of the Central Bank of Montenegro, at its meeting held on 26 January 2026, passed the following DECISION AMENDING THE DECISION ON THE MORE DETAIL CONTENT OF A REORGANISATION PLAN OF A CREDIT INSTITUTION UNDER RESOLUTION AND THE MANNER OF REPORTING ON THE IMPLEMENTATION OF THE PLAN Article 1 In the Decision on the more detail content of a reorganisation plan of a credit institution under resolution and the manner of reporting on the implementation of the plan (OGM 116/20) in Article 3 paragraph (4) the wording: “Article 29” shall be replaced by the following: “Articles 29 to 32”. Article 2 This Decision shall enter into force on the eighth day following that of its publication in the Official Gazette of Montenegro. THE COUNCIL OF THE CENTRAL BANK OF MONTENEGRO
CHAIRPERSON Decision number 0101-646-6/2026 GUVERNERKA Podgorica, 26 January 2026 Irena Radović, m.p.