The Montenegro Capital Market Authority published an update on a protocol signed with Montenegro Stock Exchange (Montenegroberza AD Podgorica) to apply the Corporate Governance Code adopted by the Authority, with the exchange committing to ensure consistent implementation by all joint-stock companies whose voting shares are admitted to trading on Montenegro’s regulated market. The protocol was signed by the Authority’s chair, Željko Drinčić, and the exchange’s chief executive, Dr Milena Vučinić. The two institutions will jointly develop educational programmes and initiatives for joint-stock companies and other capital market participants. The protocol took effect on signature, and any amendments require a joint written agreement by both parties.
Montenegro Capital Market Authority 2025-09-12
Montenegro Capital Market Authority and Montenegro Stock Exchange sign protocol to implement Corporate Governance Code for listed companies
The Montenegro Capital Market Authority and Montenegro Stock Exchange signed a protocol to enforce the Corporate Governance Code for joint-stock companies on Montenegro’s regulated market. The agreement includes developing educational programs for market participants. Amendments to the protocol require mutual consent.