Financial Stability Council

With the goal of a comprehensive and systemic approach to preserving the stability of the system, the CBCG also acts through the Financial Stability Council (FSC) comprised of representatives of the CBCG, the Ministry of Finance, the Capital Market Authority, and the Insurance Supervision Agency. The FSC was established under the Financial Stability Council Law (OGM 44/10) enacted in July 2010 and it started operating in October that year. This body represents an effective platform for consultation on financial stability issues. Activities within the scope of work of the FSC are focused on the goal of preventing or mitigating systemic risks in the financial system of Montenegro as a whole in order to ensure its stability and reduce the impact of factors that could threaten the financial stability in the country.