Penalties imposed for misdemeanours


With regard to the requests to initiate misdemeanour proceedings of the Central Bank of Montenegro, the Misdemeanour Court in Podgorica, during 2022, passed an Order imposing the pecuniary fine on one credit institution in the amount of EUR 500, and imposing the pecuniary fine on a responsible person in this credit institution in the amount of EUR 200 for the misdemeanour referred to in Article 165 paragraph 1 item 14 and paragraph 2 of the Banking Law and in connection with Article 103 of the Banking Law.