The Montenegro Capital Market Authority announced the signing of a Memorandum of Cooperation with the Financial Supervision Commission of Bulgaria, setting a framework for closer supervisory collaboration and exchange of experience in support of Montenegro’s European integration process. Signed in Sofia by Vasil Golemanski and Željko Drinčić, the memorandum is intended to strengthen regulator-to-regulator cooperation, including in the context of capital market integration and joint participation in international initiatives. The two sides also discussed capital market development and the need for stronger market connectivity to support issuers and attract new investors, as well as experiences with issuing government bonds targeted at citizens, including Bulgaria’s strategy to introduce a similar model.
Montenegro Capital Market Authority 2026-04-02
Montenegro Capital Market Authority signs cooperation memorandum with Bulgaria’s Financial Supervision Commission to deepen regulatory coordination
The Montenegro Capital Market Authority has signed a Memorandum of Cooperation with the Financial Supervision Commission of Bulgaria to enhance supervisory collaboration and exchange of experience in support of Montenegro’s European integration. The agreement aims to strengthen regulator-to-regulator cooperation on capital market integration and joint international initiatives, and was accompanied by discussions on market development, connectivity, and citizen-targeted government bond issuance models.