Area of Law
Financial Operations and Services
The normative regulation of financial markets and financial services in Montenegro: banking, insurance and capital markets
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Rules on determining detailed conditions for acquiring the titles of broker, investment advisor, investment manager of an investment fund and investment manager of a pension fund
Rulebook on determining technical standards for the precise format of insider lists and updating insider lists
Rulebook on regulatory technical standards for technical solutions for the objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for the disclosure of particular interests or indications of conflicts of interest
RulebookActive
Rules on the liquidation and termination of an alternative investment fund
Rules on determining technical standards for market sounding regarding notification systems and templates used by market participants disclosing information and record formats
RulesActive
Rules on determining technical standards of application regarding technical means for appropriate public disclosure of confidential information and for delaying public disclosure of confidential information
Rules on determining technical standards of application regarding the format and template for notification and public disclosure of transactions by persons discharging managerial responsibilities
Rules on financial reporting of issuers
Rules on market manipulation indicators, trading permission during a closed period and types of transactions subject to notification
Rules on regulatory technical standards for conditions applicable to buy-back programs and stabilization measures
Rules on status changes of alternative investment funds without legal personality
Rules on technical standards for appropriate arrangements, systems and procedures for the disclosure of information by market participants conducting market soundings
Rules on the application of regulatory technical standards for appropriate arrangements, systems and procedures, as well as notification forms used for the prevention, detection and reporting of market abuse or suspicious orders or transactions
Rules on the content and frequency of reporting by alternative investment fund management companies to the Capital Market Authority
Rules on the content and manner of maintaining the register of alternative investment fund management companies and alternative investment funds
Rules on the performance of depository services for alternative investment funds
Administrative decisionActive