The Montenegro Capital Market Authority has opened a public consultation on draft amendments to its rules governing the content of applications for regulatory approval to elect or appoint executive directors and members of boards of directors of market operators, investment firms and the central clearing depository company. The draft sets out the information and supporting documentation that must accompany these approval requests and includes, as an annex, a standard application form for seeking approval to appoint an executive director and/or board members. The Authority invited interested parties to submit comments, proposals and suggestions as part of the public hearing, but the notice did not specify a consultation deadline.
Montenegro Capital Market Authority 2025-10-08
Montenegro Capital Market Authority opens public consultation on draft changes to approval applications for appointing directors at market operators, investment firms and the central clearing depository
The Montenegro Capital Market Authority has initiated a public consultation on draft amendments to rules for applications seeking regulatory approval for appointing executive directors and board members of market operators, investment firms, and the central clearing depository company. The draft outlines required information and documentation, including a standard application form. Feedback from interested parties is invited without a specified deadline.