The Montenegro Capital Market Authority has adopted a draft rule that would set the criteria and conditions for tied agents and their entry in the register of tied agents. The draft is intended to specify the requirements for a person appointed as a tied agent of an investment firm and to define the related notification and registration framework. The rule would cover the criteria and conditions for appointment, the content of notifications on the appointment of a tied agent and the deadlines for submitting them, and the content, maintenance and accessibility of the register of tied agents. The authority frames the measure as a more detailed implementation of the Capital Market Law provisions on tied agent activities, aimed at strengthening transparency in the capital market and the regulatory framework for investment services in line with European Union standards and practice. Comments are invited during a 14-day public consultation period from publication. After reviewing the comments received, the authority will determine the final text of the rule.
Montenegro Capital Market Authority2026-06-12
Montenegro Capital Market Authority launches 14 day consultation on tied agent criteria and register rule
The Montenegro Capital Market Authority has adopted a draft rule on the criteria and conditions for tied agents of investment firms and their registration. It would set appointment requirements, notification deadlines and the rules for the content, maintenance and accessibility of the tied agents register. A 14-day public consultation is open, after which the authority will finalize the text.