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Montenegro

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Last Updated:
10/28/2025
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Timeline

  • 2026
    Framework Development
    • The Law on Green and Sustainable Bonds, drafted and submitted by the Montenegro Capital Market Commission to the Ministry of Finance is adopted by the Parliament of Montenegro.

  • 2025
    Framework Development
    • Financial Stability Council of Montenegro (FSC) launches Financial Sector Roadmap Towards Sustainable Finance (2025-2028)

    • CBM adopts the Guidelines on the Management of ESG Risks in Credit Institutions, prepared in accordance with the European Banking Authority (EBA) Guidelines on the management of ESG risks, which shall apply as of 1 January 2027.

  • 2024
    Research and Engagement
    • Central Bank of Montenegro(CBM) joins SBFN

    • Association of Montenegrin Banks joins SBFN