The Montenegro Capital Market Authority published draft rules for public consultation setting out how auditors are selected and how audits are conducted for open investment funds with public offering and their management companies. The draft would specify the conditions and criteria for auditor appointment, the process and required content for obtaining the Authority’s consent, and the scope and content of audits, under the Law on Open Investment Funds with Public Offering. Stakeholders have 14 days from publication to submit comments, after which the Authority will consider feedback and determine the final text of the rules.
Montenegro Capital Market Authority 2026-03-05
Montenegro Capital Market Authority opens consultation on auditor selection and audit scope rules for open investment funds with public offering
The Montenegro Capital Market Authority released draft rules for public consultation on auditor selection and audit procedures for open investment funds with public offering and their management companies. The draft outlines conditions for auditor appointment, consent processes, and audit scope under the Law on Open Investment Funds with Public Offering.