At its 28 November 2025 meeting, the Council of the Central Bank of Montenegro (CBCG) adopted drafts of three laws positioned as key prerequisites for meeting the closing benchmarks for negotiating Chapter 9 – Financial Services, which the CBCG describes as completing its obligations to align the national framework with the EU acquis. The Council also adopted the Central Bank of Montenegro Policy in 2026 and decisions designating other systemically important credit institutions (O-SIIs) that must maintain the prescribed buffer rate. The draft Law on the Digital Operational Resilience of the Financial Sector aligns domestic rules with the European Union’s Digital Operational Resilience Act (DORA) and is set to apply from the day Montenegro accedes to the EU. The draft law amending the Law on Financial Conglomerates aligns with Directive (EU) 2023/2864 and further regulates conglomerates’ transparency obligations and data exchange with European supervisory authorities, while the draft law amending the Law on Financial Collateral Arrangements reflects changes in the European regulatory framework. The 2026 policy document sets out activities for the coming year focused on strengthening institutional capacity and advancing the Strategic Plan 2025–2028, including further alignment of organisational and operational processes with EU and Eurosystem frameworks.
Central Bank of Montenegro 2025-12-01
Central Bank of Montenegro adopts draft DORA, conglomerates and collateral laws for EU Chapter 9 closure and approves 2026 policy
The Central Bank of Montenegro adopted drafts of three laws to align its financial services with EU standards, including the Digital Operational Resilience Act and amendments to laws on financial conglomerates and collateral arrangements. The 2026 policy document outlines activities to enhance institutional capacity and align processes with EU and Eurosystem frameworks. The Council also designated systemically important credit institutions required to maintain prescribed buffer rates.