The Montenegro Capital Market Authority held a preparatory meeting with the Central Clearing Depository Company, the Montenegro Stock Exchange, authorised credit institutions and investment firms on the planned move to T+1 settlement and clearing in Montenegro from 1 January 2027. The change would shorten the standard settlement cycle for capital market transactions from T+2 to no later than the first business day after trading. In context, the European Union is due to apply the same model from 11 October 2027 under amendments to the Central Securities Depositories Regulation. Discussions focused on the regulatory and operational work needed for the transition. The Central Clearing Depository Company indicated that implementation will require amendments to relevant secondary legislation and a higher level of operational readiness from all market participants because transaction processing will need to be completed within a shorter timeframe. Representatives of investment firms and authorised credit institutions raised proposals and suggestions aimed at identifying and addressing implementation challenges, while the stock exchange said its role would not materially change under the new model. The meeting was described as informational and preparatory. The participating institutions agreed to take the necessary administrative, technical and regulatory steps in the coming period so that the market is fully ready for the start of the new settlement model.

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