The Montenegro Capital Market Authority announced it has completed all legislative obligations within its remit under Chapter 9 (Financial Services) of Montenegro’s European Union accession process, following a set of regulatory reforms covering capital markets, investment funds and related financial services. The package comprises a new Capital Market Law, a law on central counterparties, and new laws on green and sustainable bonds and on benchmarks, alongside amendments to the frameworks for voluntary pension funds, alternative investment funds, open-ended investment funds with a public offering, covered bonds and the recovery of investment firms. The authority said the adopted laws are intended to strengthen investor protection, increase transparency and align Montenegro’s capital market framework with European standards.
Montenegro Capital Market Authority 2026-02-03
Montenegro Capital Market Authority reports completion of Chapter 9 financial services legislative obligations with capital markets reform package adopted
The Montenegro Capital Market Authority has fulfilled its legislative obligations under Chapter 9 of Montenegro’s EU accession process, implementing reforms including a new Capital Market Law and laws on central counterparties, green and sustainable bonds, and benchmarks. These measures aim to enhance investor protection, transparency, and alignment with European standards.