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Acting upon the Central Bank of Montenegro’s requests for instigating misdemeanour proceedings, in 2023, the Misdemeanour Court in Podgorica passed a decision imposing a pecuniary penalty in the amount of EUR 30,000 on a credit institution for a misdemeanour referred to in Article 373 paragraph (1) item 12) and in connection with Article 172 paragraph (3) of the Law on Credit Institutions. For a misdemeanour referred to in Article 374 paragraph (1) item 23) and paragraph (2) and in connection with Article 232 paragraph (1) of the Law on Credit Institutions, a pecuniary penalty was imposed on one credit institution in the amount of EUR 5,000 and on a responsible person in that credit institution in the amount of EUR 500.

With regard to the misdemeanour referred to in Article 374 paragraph (1) item 21) and in connection with Article 233 paragraph (1) of the Law on Credit Institutions, the Central Bank of Montenegro issued a misdemeanour warrant against one credit institution imposing a pecuniary penalty in the amount of EUR 10,000 to one credit institution. In addition, due to the misdemeanour referred to in Article 374 paragraph (2) and in connection with Article 233 paragraph (1) of the Law on Credit Institutions, the Central Bank issued a misdemeanour warrant against a responsible person in that credit institution, imposing a pecuniary penalty in the amount of EUR 1,000.

During 2024, the Central Bank of Montenegro, in respect of misdemeanours committed under:

• Article 374 paragraph 1 item 8, in conjunction with Article 173 paragraph 1 of the Law on Credit Institutions

issued two misdemeanour warrants against two credit institutions, imposing pecuniary penalties in the total amount of EUR 20,000.00, as well as against the responsible persons in the credit institutions in the total amount of EUR 1,000.00;

• Article 374 paragraph 1 item 25, in conjunction with Article 233 paragraph 1 items 5 and 6 of the Law on Credit Institutions

issued 11 misdemeanour warrants against five credit institutions, imposing pecuniary penalties in the total amount of EUR 110,000.00, as well as against the responsible persons in the credit institutions in the total amount of EUR 11,000.00;

• Article 19 paragraph 1 item 2, in conjunction with Article 9 paragraph 1 of the Decision on Credit Registry

issued five misdemeanour warrants against five credit institutions, imposing pecuniary penalties in the total amount of EUR 25,000.00, as well as against the responsible persons in the credit institutions in the total amount of EUR 2,500.00.

During 2025, the Central Bank, in respect of the misdemeanour committed under:

• Article 374 paragraph 1 item 25, in conjunction with Article 233 paragraph 1 items 5 and 6 of the Law on Credit Institutions

issued one misdemeanour warrant against one credit institution, imposing a pecuniary penalty of EUR 10,000.00, as well as against the responsible person in the credit institution in the total amount of EUR 1,000.00;

• Article 32 paragraph 1 item 2, in conjunction with Article 16 paragraph 1 of the Law on International Restrictive Measures and
• Article 61 paragraph 1 item 1, in conjunction with Article 18 paragraph 1 of the Law on Restrictive Measures

issued two misdemeanour warrants against two credit institutions, imposing pecuniary penalties in the total amount of EUR 2,000.00, as well as against the responsible persons in the credit institutions in the amount of EUR 1,000.00;

• Article 19 paragraph 1 item 2, in conjunction with Article 9 paragraph 1 of the Decision on the Credit Registry

issued one misdemeanour warrant against one credit institution, imposing a pecuniary penalty in the amount of EUR 5,000.00, as well as against the responsible person in the credit institution in the total amount of EUR 500.00.

Acting upon the requests submitted by the Central Bank of Montenegro to initiate misdemeanour proceedings, the Court for Misdemeanours in Podgorica issued orders during 2024 (2025), for misdemeanours committed under:

• Article 374 paragraphs 1 and 2 item 25, in conjunction with Article 233 paragraph 1 item 6 of the Law on Credit Institutions, 
• Article 373 paragraph 1 item 12 and paragraph 4, in conjunction with Article 172 paragraph 3 of the Law on Credit Institutions and
• Article 19 paragraph 2, in conjunction with paragraph 1 item 1, and Article 6 paragraph 4 of the Decision on Credit Registry

imposing pecuniary penalties on credit institutions in the total amount of EUR 10,980.00, as well as against the responsible persons in the credit institutions in the total amount of EUR 2,850.00.