The Central Bank of Montenegro met with the World Bank’s Country Manager for Bosnia and Herzegovina and Montenegro, Christopher Sheldon, to align cooperation priorities ahead of the International Monetary Fund and World Bank Spring Meetings in Washington. The agenda covered preparations to implement the TIPS Clone project, steps to enhance the central bank’s cyber security and supervisory capacities, and further cooperation on payment system modernisation, including potential technical support and an assessment of compliance with relevant international standards.
Central Bank of Montenegro 2025-04-08
Central Bank of Montenegro meets World Bank to coordinate support for TIPS Clone implementation and payment system modernisation
The Central Bank of Montenegro and the World Bank's Country Manager for Bosnia and Herzegovina and Montenegro, Christopher Sheldon, discussed cooperation priorities ahead of the IMF and World Bank Spring Meetings. Key topics included the TIPS Clone project, enhancing cyber security and supervisory capacities, and modernizing payment systems with potential technical support and compliance assessments.