The Montenegro Capital Market Authority has published draft rules and launched a public consultation on the content and publication of business reports for closed investment funds. The proposal is intended to set out what information such reports must contain and how they should be disclosed. The draft was adopted at the Authority’s 109th session under Article 154(4) of the Investment Funds Law (Official Gazette of Montenegro, Nos. 54/11 and 13/18). Stakeholders can submit comments, proposals and suggestions as part of the public debate.