Regulatory Alerts2020-01-01
Decision on the Central Registry of Transaction Accounts and Deposits and Safe Deposit Boxes
The Council of the Central Bank of Montenegro issued this Decision to regulate the Central Registry of Transaction Accounts and Deposits and Safe Deposit Boxes as a uniform information database. It mandates credit institutions to submit specific data regarding transaction accounts, demand and term deposits, and leased safe deposit boxes for legal persons, entrepreneurs, and natural persons. The regulation details the precise data fields, formats, and submission procedures required for maintaining this registry to support national and international payment transactions and anti-money laundering efforts.
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