Meeting of the CBCG Council


22/11/2021

At today's meeting, the Council of the Central Bank of Montenegro (CBCG) adopted the Decision Amending the Decision on Performing Custody Operations and the Decision Amending the Decision on Authenticity and Fitness Checking and Recirculation of Euro Banknotes and Coins.


The Decision Amending the Decision on Performing Custody Operations improved the form and content of requests submitted to the CBCG upon receipt and/or return of deposits.


Decision Amending the Decision on Authenticity and Fitness Checking and Recirculation of Euro Banknotes and Coins was further harmonised with the regulations of the European Central Bank.


The Council issued a Decision on Revoking the Authorisation for Issuing Electronic Money and on Revoking the Authorisation for Providing Payment Services to MTEL Ltd. Podgorica, as an electronic money institution, under the notification issued by MTEL d.o.o. submitted to the CBCG on the intention to cease performing these activities.


At today's session, the Council also considered other current issues under its competence.