The Montenegro Capital Market Authority reported that representatives of its Collective Investment Schemes and Financial Education unit conducted a study visit to the Croatian Financial Services Supervisory Agency (HANFA) to exchange experience and strengthen Montenegro’s regulatory and supervisory framework for collective investment schemes, voluntary pension funds and alternative investment funds. The visit was framed as support for alignment with European Union rules, as the authority is amending three key laws governing these areas. Discussions over 8 and 9 September 2025 covered issues relevant to further improving the regulation and supervision of investment and pension funds, with a focus on EU-acquis alignment processes and HANFA operational practices that could inform Montenegro’s upcoming reforms. The engagement also served as preparation for planned joint activities under a future TAIEX mission intended to deepen technical and expert cooperation between the two institutions.